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  5. Volume 15, Issue 1 (2015)
  6. Regiono ekonominio augimo vertinimo meto ...

Regional Formation and Development Studies

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Regiono ekonominio augimo vertinimo metodologinės problemos
Volume 15, Issue 1 (2015), pp. 134–146
Agnė Šneiderienė   Vytautas Juščius  

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https://doi.org/10.15181/rfds.v15i1.986
Pub. online: 20 January 2021      Type: Article      Open accessOpen Access

Published
20 January 2021

Abstract

The importance of regional economic growth is emphasized in many countries and their regional policy documents. This issue is emphasized also by many researchers. D. Genaro and E. Melchor (2010) state that by the time of A. Smith, economists started to focus on a problem of economic growth. According to the authors, in recent years, economists have moved from economic interest in the operating cycle analysis to the medium and long-term revenue growth influencing factors analysis. This analysis is very important because as stated by L. Ayala and A. Jurado (2011), many countries or regions economic growth reduces poverty indicators; inequalities reduction is encouraging by policy measures. Despite ongoing national regional policy programs or the Structural Funds of the European Union or the Structural Funds, significant regional differences still exists. There must be emphasized the fact that in theories of regional development a lot of attention are paid on focus what conditions are favorable for creating economic growth in the region. There are focused on modernization of the economical sectors and international business development. The new models of regional development theories visible bring together economic, management and other modern concepts of social integration.

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Keywords
regions regional economic growth economic growth models

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