Titlebook: Economic Growth in Small Open Economies; Lessons from the Vis István Kónya Book 2018 The Editor(s) (if applicable) and The Author(s) 2018 L

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Growth and Development Accountingght countries. The role of population growth and relative price changes is also discussed. Using the development accounting results, the chapter computes growth potential measures for the Visegrad countries, related to factor inputs and total factor productivity.

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https://doi.org/10.1007/978-3-319-69317-0Labour supply; TFP growth; Human capital; Capacity utilization; Income differences; Production inefficien

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978-3-319-88754-8The Editor(s) (if applicable) and The Author(s) 2018

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https://doi.org/10.1007/978-3-663-02333-3and Slovakia—are introduced, along with the control group of Western European economies—Austria, France, Germany, and the UK. The chapter also discusses why the neoclassical framework is a good toolkit to analyze the recent growth experience of the Visegrad countries.

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