Lecture of Klara Major at the conference of Rajk László College for Advanced Studies

Klara Major, the research director of HETFA held a lecture about the concept of today’s one of the most important macroeconomic index number, the GDP, that is the gross domestic product, at the “Sexy Economics” conference of Rajk László College for Advanced Studies. The birth of GDP, such as many important innovations is related to […]

Impact of Academic Research on GDP Growth

As it is shown in the economic growth literature, the return of resources invested in research is expected to contribute to the higher growth rate of potential income of the economy. This paper examines this relation in case of Hungary based on data from the period 2000-2011. Three sources of GDP growth are the increase in […]