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Dan OLTEANU
Academia Română
In this paper we focus on the differences between Eastern and Western European Countries, as regard the correlation between technology (R&D and human capital) and the level as well as the rate of growth of output per capita. First, we found a strong positive connection between technology and the level of GDP per capita, split on two paralel trends corresponding to the two groups of countries considered. Second, we found a negative correlation between technological endowments and the rate of economic growth. This growth pattern will lead to the reduction of the technological and development gap, confirming beta-convergence theory.
Keywords: convergence, technological progres, endogenous growth
Factorul tehnologic şi creşterea economică. Studiu comparativ pentru ţările est şi vest-europene
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Octavian-Dragomir JORA
Academia de Studii Economice din Bucureşti
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Academia de Studii Economice din Bucureşti
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Emmanuel Olusegun STOBER
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