The purpose of this article is to estimate private and public capital contribution to economic growth in Latvia 1995-2009 using production function approach. It was found that both private and public capital have positive and statistically significant impact on economic growth and labour...

A balanced current account in the euro area has disguised sizeable net lending imbalances at the country level, exposing the common currency area to severe pressures during the financial crisis. The key contribution of this paper is to evaluate the adjustment process through the lenses of the...

We analyse the evolution of Private Consumption on Health, having into account that there are substitution effects between public and private expenditure in OECD countries. From the analysis of the evolution of these variables our main conclusion is that the increase of expenditure on Health,...

We present some econometric models of agrarian and non agrarian employment in OECD countries, and analyse the evolution of employment in European Union and the USA and other areas in the period 1960-2000. Data show that wages are lower in EU than in the USA and in spite of that rates of...

The aim of this paper is to analyse the evolution of manufacturing in 11 OECD countries, during the period 1975-92, from two viewpoints: supply and demand. With this purpose we estimate, with a pool of data, two econometric models for explaining industrial production from the above mentioned...

In this article we present an econometric analysis of the relationship between several indicators of economic development and wellbeing in Europe, the United States and Canada. We calculate a compound index of several indicators based on three groups: 1) Life satisfaction and income per capita,...

Real convergence is an essential objective of Romania’s integration into the EU. Bridging the development gaps between Romania and the EU as soon as possible cannot be achieved exclusively through market forces, since they rather tend to cause divergence and polarization. For this purpose,...

El objetivo de nuestro trabajo es analizar cual es el papel del capital humano en el crecimiento de la economia, y para ello estudiamos un efecto indirecto ademas del tradicional efecto directo que se observa en la funcion de produccion para el capital humano. Se trata del efecto indirecto que...

En este trabajo analizamos el nivel del gasto publico en Sanidad y Educacion de España comparandolo con otros paises europeos y de la OCDE. El analisis incluye un modelo econometrico que estima la elasticidad del gasto con respecto al PIB y al numero de estudiantes. La principal conclusion es...

This analysis was performed with data from 10 European Union countries in the period 1962-86 and is devoted to the changes in the structure of private consumption with respect to eight commodity groups. We began with eleven different approaches from which we chose four. In turn we then compared...