20.500.12556/RUL-151961 Total factor productivity and the significance of the public sector It is typical in the modern world that most economic growth is explained by an increase in total factor productivity, commonly accompanied by the rise of real capital. After the last financial crisis, Slovenia was specific in the growth of total factor productivity between 2009 and 2019 in that the 44 analyzed industries substituted the decline of net real values of fixed capital, associated with a large contraction in bank loans to non-financial corporations. During this period, Slovenia’s total factor productivity strengthened due to increases in innovative potential, human capital (employees with higher education), and the share of foreign trade in Slovenia’s GDP. The public sector played an important role in this, as the increase in innovation potential and human capital was the result of the increase in the real level of Slovenian Export and Development Bank loans to enterprises and from extensive EU Structural and Cohesion Funds placements. The growth of innovation potential was influenced by the rise in the number of full-time researchers, and the increase in human capital was influenced by the economic climate in the EU. total factor productivity fiscal policy European Union gross domestic product capital EU GDP fiscal policies skupna faktorska produktivnost fiskalna politika Evropska unija kapital bruto domači proizvod true false true Angleški jezik Slovenski jezik Na spletni strani založnika navedeno, da članki izhajajo pod licenco CC BY 4.0 Članek v reviji 2023-10-26 09:27:25 2023-10-26 09:36:34 2023-10-27 04:02:16 0000-00-00 00:00:00 2023 0 0 Str. 118-132 No. 69 2023 0000-00-00 Zaloznikova Objavljeno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 338 1842-2845 10.24193/tras.69E.7 157274883 Total_Factor_Productivity_and_the_Significance_of_the_Public_Sector.pdf Total_Factor_Productivity_and_the_Significance_of_the_Public_Sector.pdf 1 4CBE16F903CD5B9FB2D0125CA5357417 1da6955f27196c53533f99d9a9ba99a6ebbd9959c120b5b670e4ddd84e31dfac 78b6bf30-73d1-11ee-a653-0050569b8976 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=177126 https://rtsa.ro/tras/index.php/tras/article/view/745 0 86573c50-73d1-11ee-a653-0050569b8976 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=177127 Ekonomska fakulteta 0 0 0