Economic Transition and Regional Growth: The Case of Albania and Comparator SEECs

Abstract

The focus of this paper is to investigate the growth performance of Albania and other South Eastern European Countries in the period 1990–2006 by examining traditional growth sources as emerge from standard theoretical models. It focuses on macroeconomic performances and GDP per capita growth rates to examine why countries in the SEE region are lagging behind with respect to other transition economies. The analysis is conducted through stylised growth regressions to estimate convergence rates and coefficients of key factors of growth. Results indicate that real GDP growth in all the eight countries is mainly driven by physical capital accumulation, whereas the contribution of human capital is insignificant or even negative


Autore Pugliese

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  • CAPOLUPO R.

Titolo volume/Rivista

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Anno di pubblicazione

2012

ISSN

1614-4007

ISBN

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