Daniel Armeanu|Georgeta Vintil?|?tefan Cristian Gherghina
Empirical Study towards the Drivers of Sustainable Economic Growth in EU-28 Countries
Bucharest University of Economic Studies|Bucharest University of Economic Studies|Bucharest University of Economic Studies
study aims empirically investigating drivers sustainable economic growth eu28 countries means panel data regression models form fixed random effects models alongside system generalized method moments examine several drivers real gross domestic product gdp growth rate follows higher education business environment infrastructure technology communications media population lifestyle demographic changes regards higher education empirical results show expenditure per student higher education traditional 1822 yearold students positively linked sustainable economic growth whereas science technology graduates negatively influence real gdp growth terms business environment total expenditure research development employment rates recent graduates contributes sustainable development corruption perceptions index revealed negative association economic growth well results provide support negative influence infrastructure abreast technological measures economic growth besides found negative connection oldage dependency ratio sustainable economic growth