BUSINESS DEMOGRAPHY AND ECONOMIC GROWTH: SIMILARITIES AND DISPARITIES IN 10 EUROPEAN UNION COUNTRIES
| Autor: | Rodica-Manuela Gogonea, Constanta Popescu, Mile Vasic, Marian Zaharia, Jean Andrei, Silvia Elena Iacob, Aurelia Patrascu, Luminita Chivu |
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| Rok vydání: | 2021 |
| Předmět: |
hierarchic cluster methodology
Economics and Econometrics business churn convergence HF5001-6182 Economics Verslas / Business econometric methods economic growth business demography gdp Lietuva (Lithuania) european economic model smes Development economics Business Management and Accounting (miscellaneous) media_common.cataloged_instance Business Econometrics Ekonominė analizė. Prognozavimas / Economic analysis. Forecasting European union Europos Sąjungos šalys (European Union countries) media_common |
| Zdroj: | Journal of Business Economics and Management, Vol 22, Iss 5, Pp 1160-1188 (2021) Journal of business economics and management 2021, Vol. 22, no. 5, p. 1160-1188. Journal of Business Economics and Management; Vol 22 No 5 (2021); 1160-1188 |
| ISSN: | 2029-4433 1611-1699 |
| DOI: | 10.3846/jbem.2021.15067 |
| Popis: | The main research aim is to investigate and test the long-term existence of a balanced relationship (cointegration) between business demographics and economic growth, expressed in terms of real GDP per capita, and to estimate the econometric models expressing relationships between analyzed variables in European economy. Our The study has focused on ten out of the eleven former communist countries, currently members of the European Union, during the 2006–2016 time period. Croatia was left out due to the shortness of the time series available for it, that the study would have required. These findings have significant implications in designing and shaping the future business models in European former communist countries, and increase convergence. The results obtained confirm the existence of long-term balanced relationships between the variables examined, the forms of which however vary from one cluster of states to another. Keywords: business demography, business churn, convergence, econometric methods, economic growth, European economic model, GDP, Hierarchic Cluster methodology, SMEs. |
| Databáze: | OpenAIRE |
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