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National Library of Serbia
Economic growth determinants in old and new EU countries
The aim of our paper was to construct a model of economic growth determinants for old and new EU and the EU28 countries. We used a strongly balanced panel in the period from 2000 to 2020 and regression equations. For the old EU group, our results showed a high level of statistical significance and a positive effect of gross fixed capital formation, trade openness, government consumption, and population on GDP growth during the observation period. In the new EU group, trade openness,...
Download 2024 Miloš Žarković , Jasmina Ćetković , Jelena Cvijovic
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