The Contribution of Labour and Capital to Romania's and Moldova's Economic Growth

Zaman, Gheorghe and Goschin, Zizi and Partachi, Ion and Herteliu, Claudiu (2007): The Contribution of Labour and Capital to Romania's and Moldova's Economic Growth. Published in: Journal of Applied Quantitative Methods , Vol. 2, No. 1

Abstract

In the present research we have used the Cobb-Douglas production function in its classical form for analyzing Romania’s and Moldova’s economic growth in relation to the intensity of using the capital and labour, as determinants of the production and GDP level and structure.

• Item Type: MPRA Paper
• Language: English
• Keywords: production function, capital, labour, sustainable development
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output Convergence

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