出版社：Economic Laboratory for Transition Research Podgorica
摘要：The main purpose of this research is to study the role and impact
force of macroeconomic stability on economic growth in the period
from 2000 to 2016, using the modified Cobb–Douglas production
function. The results of Global Competitiveness Report, published by
World Economic Forum, demonstrated that at the existing level of
economic growth in Ukraine the basic drivers for improvement of the
country's competitiveness are necessary to be considered for building
of the production function. Basing on the analysis performed,
the author created odified Cobb–Douglas production function where
Macroeconomic stability, openness of the economy and foreign
direct investments are used as additional explanatory variables of
Cobb–Douglas production function. Obtained findings indicate the
high level of compliance of the built model with the initial data.
Herewith, the assessment of the elasticity of macroeconomic stability
is positive and statistically significant.
关键词：economic growth;
human capital;
macroeconomic stability;
Misery index;
physical capita
