Academia de Studii Economice Bucuresti

Amfiteatru Economic
Facultatea de Business si Turism

The Macroeconomic Framework of Support Analysis for Sustainable Businesses Development

Author:Constantin Mitrut, Cristina Bălăceanu, Mihaela Gruiescu and Daniela Serban

JEL:O15, O44, O47


Keywords:qualitative and quantitative growth, weak/ strong sustainability, social objectives, ecological objectives, unity, sustainable businesses.

The state of satisfaction of an economy results from the quality of the economic products it produces and consumes, in agreement with assuring environment protection, as a source of producing present and future economic goods, and with intensive utilising of human capital, as a source of innovation growth. Knowledge transfer happens in a sustainable economy, whose principles are rational use of resources, limiting of waste, protection, for enabling future generations to have also access to resources. The present research is based on a multifactorial liniar regression model which outlines the direct correlation between the dependent variable welfare and the independent variable of concentration measured by the Gini coefficient of wealth concentration, on the one hand, and by the GDP level, on the other hand, at the level of year 2012. The aim of this research is to identify the correlation between the indicator of quality of life satisfaction or of the welfare function at the level of EU 2012, and the assurance of a macroeconomic framework for sustainable business development.
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