Revista OEconomica

Alexandru POPOVICI - Mass-Energy Models of the Economy – Concepts and Realities (II). Energy Flow Analysis

Ramona Iulia DIEACONESCU, Andra Nicoleta MECU, Florentina CHIŢU - Assessing the Interplay of Natural and Anthropogenic Factors in Climate Change: An Economic and Environmental Analysis [Evaluarea interacţiunii factorilor naturali şi antropici în schimbările climatice: o analiză economică şi de mediu]

Răzvan PÎRCĂLĂBESCU - Trade Relations between Romania and the United Mexican States: Export Challenges and Opportunities [Relaţiile comerciale ale României cu Statele Unite Mexicane: provocări şi oportunităţi ale exportului]

Cristian MANOLACHI - Critical Considerations on How Subsidies, Legal Constraints and Physical Barriers Affect Well-Being and Economic Freedom in Today’s European Union

Anca TAMAŞ - Book Review / Recenzie de carte: Matt Ridley, Inovaţia – Cum funcţionează şi de ce îi prieşte libertatea, Bucureşti, Editura Orion, 2021

Articles on Issue Theme

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.