Main factors of state economic growth
Journal Title: Вісник Житомирського державного технологічного університету. Серія: економіка, управління та адміністрування - Year 2017, Vol 80, Issue 2
Abstract
In this work importance of research on the impact of factors on economic growth In order to accelerate it is determined. This will help to improve the effectiveness of state economic policy. Different types of classification of factors of economic growth identified, depending on the nature of their influence, direction of action, quality content, etc. Certain systematization of factors of economic growth is proposed. The expediency of this is to isolate the main factors, which are production-economic and scientific-technological and innovative, and factors organizational-institutional and regulatory, natural-geographical and socio-political, which determine the effective and rational use of the first. These factors are interrelated and have a complex impact on the economic growth of the state. The most important factors of economic growth are identified, namely, physical capital, scientific and technological progress, human capital, the number of people employed in the economy.
Authors and Affiliations
L. D. Garmider, T. S. Vakarchuk
Keywords
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