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Journal of Business Economics and Management Volume 9, 2008 - Issue 1
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Original Articles

Role of fixed investments in economic growth of country: Lithuania in European context

Vytautas Tvaronavičius Vilnius Gediminas Technical University, Sauletekio al. 11, Vilnius, 10223, Lithuania E-mail: [email protected]
&
Manuela Tvaronavičiene Vilnius Gediminas Technical University, Sauletekio al. 11, Vilnius, 10223, Lithuania E-mail: [email protected]
Pages 57-64 | Received 03 Feb 2007, Accepted 05 Dec 2007, Published online: 14 Oct 2010

References

  • Blomstrom , M. , Lipsey , R. E. and Zejan , M. 2001 . Is fixed investment the key to economic growth , Working Paper No. 4436. Cambridge, MA : National Bureau of Economic Research .
  • Carone , G. , CÉcile , D. , Mc Morrow , K. , Mourre , G. and Werner , R. August 2006 . Long‐term labour productivity and GDP projections for the EU25 Member States: a production function framework , MPRA Paper No. 744 August ,
  • Caselli , Pagano and Schivardi , F. 2003 . Uncertainty and the slowdown of capital accumulation in Europe . Applied Economics , 35 (1) : 79 – 89 .
  • De Long , J. B. 1992 . Productivity growth and machinery investment: A long‐run look, 1870–1980 . The Journal of Economic History , 52 (2) : 307 – 324 .
  • De Long , J. B. and Summers , L. H. 1991 . Equipment investment and economic growth . Quarterly Journal of Economics , May : 445 – 502 .
  • De Long , J. B. and Summers , L. H. 1994 . Equipment investment and economic growth: A reply . Quarterly Journal of Economic , 109 : 803 – 807 .
  • Dellas , H. and Koubi , V. 2001 . Industrial employment, investment equipment and economic growth . Economic Development and Cultural Change , 49 (4) : 867 – 881 .
  • European Commission . 2006 . “ Economic forecasts Spring ” . Luxemburg 2006, Issue 2
  • EUROSTAT. Available from Internet: <http://ec.europa.eu/eurostat.> (<http://ec.europa.eu/eurostat.>)

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