2018
DOI: 10.26552/ems.2018.2.1-14
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Socio-Economic Convergence in Models of Endogenous Economic Growth

Abstract: The main results regarding determined goals of the paper concern the analysis of convergence in relation to the convergence processes from the point of view of physical capital and human knowledge, as well as labour resources. They usually refer to Mankiw's model that is a generalisation of the neoclassical Solow model. The major goal of deliberations conducted in the paper can lead to the conclusion that the phenomenon of convergence raises several methodological controversies resulting from inclusion of the … Show more

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Cited by 6 publications
(5 citation statements)
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“…**Note: for or all variables were set up recommended values -what are the values the indicators of residual income (goodwill) should achieve to be considered as potential indicators of its production. Most variables should be higher than zero, except cash ratio (<0.2-0.8>), debt-equity ratio (≥ 0.04) and turnover ratio from short-term payables (≤ 60), in accordance with (Kohlbeck & Warfield, 2002;Podolna, 2008;Bean, 2011;Rajnoha & Lesnikova, 2016;Da Silva et al, 2015;Szkutnik & Szkutnik, 2018;Valaskova et al, 2018;Fanelli & Ryden, 2018).…”
Section: Goodwill Indicatorssupporting
confidence: 52%
“…**Note: for or all variables were set up recommended values -what are the values the indicators of residual income (goodwill) should achieve to be considered as potential indicators of its production. Most variables should be higher than zero, except cash ratio (<0.2-0.8>), debt-equity ratio (≥ 0.04) and turnover ratio from short-term payables (≤ 60), in accordance with (Kohlbeck & Warfield, 2002;Podolna, 2008;Bean, 2011;Rajnoha & Lesnikova, 2016;Da Silva et al, 2015;Szkutnik & Szkutnik, 2018;Valaskova et al, 2018;Fanelli & Ryden, 2018).…”
Section: Goodwill Indicatorssupporting
confidence: 52%
“…In an international context, the literature on growth and convergence is extensive [26][27][28][29][30][31][32][33][34][35]. According to Willington [36], following Baumol [23], empirical evidence on this subject has expanded rapidly, with new criticisms emerging, both theoretical and empirical, while proposing new alternative estimation methods.…”
Section: Subsectionmentioning
confidence: 99%
“…Innovation is the foundation of sustainable growth in the business [1,2] and innovative activity is an important source of competitiveness, economic growth, as well as the image of each country [3]. On the other hand, regardless of the amount of investment in innovation, there is no guarantee that it is spent efficiently.…”
Section: Introductionmentioning
confidence: 99%