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Author
Nowak Marcin (Poznan University of Technology, Poland), Kokocińska Małgorzata (University of Zielona Góra, Zielona Góra, Poland)
Title
Efficiency ranking of economic growth toward sustainable growth with grey system theory: the case of small countries in advanced and emerging economies
Source
International Journal of Management and Economics, 2023, vol. 59, nr 3, s. 183-196, tab, rys., bibliogr. 36 poz.
Zeszyty Naukowe / Szkoła Główna Handlowa. Kolegium Gospodarki Światowej
Keyword
Rozwój zrównoważony, Konwergencja gospodarcza, Wzrost gospodarczy
Sustainable development, Economic convergence, Economic growth
Note
JEL Classification: O47, O40, O32
summ.
Abstract
The article refers to the new Synthetic Efficiency Indicator for Economic Growth (SEI-EG) proposedin an earlier publication. Research from 2016-2018 in 11 EU countries revealed small nations were notablymore effective at sustainable growth than their larger counterparts. This prompted the authors to ask aboutthe differences between small countries with developed economies and small countries with lower levelsof development joining the EU in 2004. The article aims to determine the relative efficiency of transforminggrowth inputs and debt into sustainability outcomes for small countries in the EU using the SEI-EG indexover the period 2016-2020. The study group symmetrically includes six countries each from developedeconomies and six countries that joined the EU in 2004. The adopted indicator complements the expandedSDGs and aligns with the trend linking research inputs to sustainable development effects.(original abstract)
Accessibility
The Library of Warsaw School of Economics
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Bibliography
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Cited by
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ISSN
2299-9701
Language
eng
URI / DOI
https://doi.org/10.2478/ijme-2023-0013
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