THE IMPACT OF CREATIVITY AS A FACTOR OF ECONOMIC DEVELOPMENT ON GDP GROWTH IN EU COUNTRIES

THE IMPACT OF CREATIVITY AS A FACTOR OF ECONOMIC DEVELOPMENT ON GDP GROWTH IN EU COUNTRIES

This study examines the critical role of creativity in economic development and its significant impact on GDP growth within the European Union. Using Principal Component Analysis (PCA), the study evaluates and quantifies the impact of specific indicators of creative development on economic performa...

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Bibliographic Details
Main Authors: Robert Leščinskij, Olga Iurasova, Jolita Šliogerienė
Format: Article
Language:English
Published: Izdevnieciba “Baltija Publishing” 2025-03-01
Series:Baltic Journal of Economic Studies
Subjects:
сreativity
economic growth
GDP growth
principal components analysis
Online Access:http://baltijapublishing.lv/index.php/issue/article/view/2724
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