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Exploring Regional Industrial Growth: Does Specialization Explain It?
Published 2022-07-01“…The purpose of the to substantiate the influence of the territory specialization factor on industrial economic growth, along with other conventional factors of regional development, using econometric methods based on an extended exogenous growth model. Premised on the data from Russian manufacturing industries and using a new coefficient of regional specialization, the authors have developed and verified an original approach to substantiate the effectiveness of regional clustering for ensuring the growth of industrial output based on an extended exogenous growth model. …”
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How Taxes and Spending on Education Influence Economic Growth in Poland
Published 2014-09-01“…We primarily rely on an exogenous growth model that merges the Mankiw-Romer-Weil model, augmented with learning-by-doing and spillover-effects, with selected elements from the literature on optimal taxation. …”
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Analysis of the Role of Institutions and Technologies in Economic Growth of the Late USSR in a Cross-Country Comparison
Published 2021-02-01“…We propose a modification of the production function, similar to the exogenous growth model by Mankiw, Romer, Weil (1992) with physical and human capital, by augmenting it with variables for institutional and general technological components. …”
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Analysis of Factors of High-tech Industries Growth: A Case Study of the Late USSR
Published 2022-01-01“…The econometric analysis of the data is based on an exogenous growth model in the form of the Cobb- Douglas production function, augmented with human capital in Mankiw, Romer, Weil (1992), modified in Didenko, Grineva (2020) by introducing variables that proxy for institutional and general technological dynamics. …”
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Incorporating Fuzzy Logic in Harrod’s Economic Growth Model
Published 2021-09-01“…This model was the first precursor to exogenous growth models, which in turn gave rise to endogenous growth models. …”
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