An application of logistic capital management theory model to the economic growth cycle in Lithuania

Dalia Štreimikiene, Neringa Barakauskaite-Jakubauskiene

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

The article analyses one of the most recent theories of economic growth prof. Girdzijauskas (2002, 2006, 2008, 2009, 2010) created logistic growth theory, whose main idea is based on market saturation and the concept of limitation. The essential claims of the theory are being tried to adjust analysing the economic growth cycle of Lithuania in 1995-2009 period. Performed logistic analysis of Lithuania's GDP (Loglet Lab2), macro-economic indicators' and factors' affecting them correlation regression analysis (SPSS15,0). The article concludes of the presentation of the created economic growth cycles and the bubble formation mechanism combining hypothetical Lithuanian economic growth cycle assessment model.

Original languageEnglish
Pages (from-to)352-368
Number of pages17
JournalTechnological and Economic Development of Economy
Volume17
Issue number2
DOIs
Publication statusPublished - 2011
Externally publishedYes

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Keywords

  • Bubble
  • Cycle
  • Economic growth
  • Logistic theory
  • Model

ASJC Scopus subject areas

  • Finance

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