The production function is explaining the mechanism through which inputs are changed into outputs and the partial efficiency of labour and capital. It also allows for understanding the elasticity of substitution, which measures the percentage change in factor proportions due to a percentage...

The study is dealing with the problems of the role which is played by different components of the national wealth, among which a special attention is devoted to the natural, produced and intangible capitals, as factors of contemporary economic growth, at macroeconomic level. Starting from the...

The science of sustainability connects with many different disciplines and research areas in specific ways that implies the pursue of multi-, inter- and transdisciplinary researches. The paper proposes an insight into the key complex problems of sustainable economic development, by addressing...