Economic Growth in Small Open Economies: Lessons from the Visegrad Countries

Author:   István Kónya
Publisher:   Springer International Publishing AG
Edition:   1st ed. 2018
ISBN:  

9783319693163


Pages:   209
Publication Date:   01 February 2018
Format:   Hardback
Availability:   Manufactured on demand   Availability explained
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Economic Growth in Small Open Economies: Lessons from the Visegrad Countries


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Overview

This book studies the economic growth and development of four Visegrad economies (Czech Republic, Hungary, Poland and Slovakia) between 1995-2014. The author uses a neoclassical growth model with distortions (wedges) to identify the main sources of economic growth for each of these countries including employment, human capital, capital accumulation and TFP growth. The first part of the book is structured around the concept of production function, factor inputs and growth accounting, and the second part of the book looks at selected problems related to economic developments of the analysed countries. This book combines empirical facts, data analysis and macroeconomic modelling and will appeal to those interested in convergence and growth in general, and analysts and researchers studying the Visegrad countries in particular.

Full Product Details

Author:   István Kónya
Publisher:   Springer International Publishing AG
Imprint:   Springer International Publishing AG
Edition:   1st ed. 2018
Weight:   0.522kg
ISBN:  

9783319693163


ISBN 10:   3319693166
Pages:   209
Publication Date:   01 February 2018
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

1. Introduction.- 2.Methodology and stylised facts.- 3. Labour input and labour income.- 4. Capital stock and capacity utilisation.- 5. Growth and development accounting.- 6. The neoclassical growth model.- 7. Markets and distortions.- 8. Growth and the financial environment.- 9. Credit crisis and growth. 

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Author Information

István Kónya is Visiting Professor at the Economics Department of the Central European University in Budapest, Hungary, and Research Advisor at the Institute of Economics of the Hungarian Academy of Sciences. Previously, he worked as an assistant professor at Boston College, USA (2001-2004).  His research interests are in economic growth, labor economics and international economics.  István received his Ph.D. from Northwestern University in 2001. He also holds an M.A. in Economics from the Budapest University of Economics Sciences (1996). He currently teaches Macroeconomic Theory (MA) and Growth and Development (PhD).

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