2020
DOI: 10.15584/nsawg.2020.1.4
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Rola nowej ekonomii instytucjonalnej w wyjaśnianiu procesów wzrostu i rozwoju gospodarczego

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Cited by 2 publications
(3 citation statements)
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“…political groups, of connection professional and business, can exert influence on the policy-making. They can refuse to support and put the threat of expensive consequences forward for the government (Kuźma, 2020). Interest groups can initiate and support the restructuring of formal institutions, or can transform them and block, in order to result of economic reforms and social was working to their advantage.…”
Section: Discussionmentioning
confidence: 99%
“…political groups, of connection professional and business, can exert influence on the policy-making. They can refuse to support and put the threat of expensive consequences forward for the government (Kuźma, 2020). Interest groups can initiate and support the restructuring of formal institutions, or can transform them and block, in order to result of economic reforms and social was working to their advantage.…”
Section: Discussionmentioning
confidence: 99%
“…R. Solow gauges the rate of increase in the volume of production in a national economy using the production function, in which he makes economic growth dependent on the dynamics of technical progress, the rate of growth of capital resources and employment, taking into account the share of income from capital and labor inputs in national income [35]. Other exogenous models are an extension of the Solow model, including: the Mankiw-Romer-Weil or Ramsey-Cass-Koopmans models [40,41]. The former expands the Solow model by an additional variable in the form of human capital (education, skills, competencies and other factors increasing the productivity of labor resources).…”
Section: The Concept Of Sustainable Economic Developmentmentioning
confidence: 99%
“…The exogenous models adopted a short-and medium-term time horizon in the analysis of economic phenomena, which meant that the growth theories they hinged on were not applicable to the study of long-term changes occurring in a national economy or their sources [40]. The endogenous models (including the AK model, P. Romer model, RE Lucas model), meanwhile, were used to explain the long-term determinants of economic growth, but they, too, failed to address the question of the sources of the different rates of economic growth over time and across countries [41].…”
Section: The Concept Of Sustainable Economic Developmentmentioning
confidence: 99%