Economic Growth in Small Open Economies

Lessons from the Visegrad Countries

Authors: Konya, Istvan

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  • Deals with a topic not consistently covered before: the growth process after economic transition from centrally planned to market economies
  • Introduces new ideas in explaining growth shocks
  • Presents a clear and structured model that can be applied to different countries, making comparisons easier
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About this book

This book studies the economic growth and development of four Visegrad economies (Czech Republic, Hungary, Poland and Slovakia) between 1995-2014. The author uses a neoclassical growth model with distortions (wedges) to identify the main sources of economic growth for each of these countries including employment, human capital, capital accumulation and TFP growth. The first part of the book is structured around the concept of production function, factor inputs and growth accounting, and the second part of the book looks at selected problems related to economic developments of the analysed countries. This book combines empirical facts, data analysis and macroeconomic modelling and will appeal to those interested in convergence and growth in general, and analysts and researchers studying the Visegrad countries in particular.

About the authors

István Kónya is Visiting Professor at the Economics Department of the Central European University in Budapest, Hungary, and Research Advisor at the Institute of Economics of the Hungarian Academy of Sciences. Previously, he worked as an assistant professor at Boston College, USA (2001-2004). 
His research interests are in economic growth, labor economics and international economics. 
István received his Ph.D. from Northwestern University in 2001. He also holds an M.A. in Economics from the Budapest University of Economics Sciences (1996). He currently teaches Macroeconomic Theory (MA) and Growth and Development (PhD).

Table of contents (9 chapters)

Table of contents (9 chapters)

Buy this book

eBook n/a
  • ISBN 978-3-319-69317-0
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
Hardcover n/a
  • ISBN 978-3-319-69316-3
  • Free shipping for individuals worldwide
Softcover n/a
  • ISBN 978-3-319-88754-8
  • Free shipping for individuals worldwide
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Bibliographic Information

Bibliographic Information
Book Title
Economic Growth in Small Open Economies
Book Subtitle
Lessons from the Visegrad Countries
Authors
Copyright
2018
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-319-69317-0
DOI
10.1007/978-3-319-69317-0
Hardcover ISBN
978-3-319-69316-3
Softcover ISBN
978-3-319-88754-8
Edition Number
1
Number of Pages
XVII, 209
Number of Illustrations
51 illustrations in colour
Topics