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Wyświetlanie 1-3 z 3
Tytuł:
Przyczyny i implikacje zmian w udziale zysków i płac w PKB
The Causes and Implications of Changes in the Share of Profits and Wages in GDP
Autorzy:
Wojtyna, Andrzej
Powiązania:
https://bibliotekanauki.pl/articles/575759.pdf
Data publikacji:
2009-09-30
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
profits
wages
globalization
technological progress
econometric research
capital-labor substitution
Opis:
The paper examines the latest research into factors behind changes in the functional distribution of incomes, or the relationship between the share of wages and profits in GDP. The author describes the key determinants of theoretical and empirical research and explains why interest in these issues has increased in recent years in both Poland and elsewhere. The second part of the paper discusses the most controversial issues linked with the definition and measurement of the share of wages and profits in GDP, while part three focuses on general historic trends linked with the distribution of profits and wages. Part four discusses the results of the latest econometric research that takes into account the role of globalization and technological progress. Part five is dedicated to research dealing with capital-labor substitution, which is important from the perspective of theoretical debates in contemporary macroeconomics. The author concludes that future research into the distribution of profits and wages should cover countries with a medium and low level of development.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2009, 234, 9; 49-66
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Kredyt handlowy a polityka pieniężna NBP
Trade Credit and the Monetary Policy of the National Bank of Poland
Autorzy:
Młodkowski, Paweł
Powiązania:
https://bibliotekanauki.pl/articles/574375.pdf
Data publikacji:
2008-03-31
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
trade credit
monetary policy
National Bank of Poland (NBP)
substitution effect
Opis:
The paper examines the influence of the central bank’s monetary policy on trade credit financing in Poland. The aim is to establish the nature and scope of the private sector’s response to modifications in monetary policy. An additional issue is whether there is a substitution effect between bank credit and trade credit. Both these issues are subject to formal statistical analysis. In the process, the author takes a comprehensive look at the monetary policy stance of the Polish central bank. He proposes a simple and intuitive indicator in this area based on money supply and demand data. Using a regression analysis, Młodkowski finds a strong and statistically significant relationship between monetary policy and trade credit. His findings also confirm the existence of a substitution effect between bank credit and trade credit. The author builds two regression models, one for “trade credit extended” and the other for “trade credit used.” In the case of “trade credit used,” both the scope of the relationship and its significance are stronger than in the case of “trade credit extended,” Młodkowski says. This is due to an asymmetry of statistical data subject to analysis. Poland’s Central Statistical Office only gathers data from businesses with more than 45 employees. In another conclusion involving trade credit theories, Młodkowski proves wrong a financial aid theory that suggests that enterprise size is a factor that leads to an asymmetry in the propensity to extend and use trade credit. This theory does not hold true for Poland, Młodkowski says.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2008, 222, 3; 1-18
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Produktywność czynników w krajach OECD
Single-Factor Productivity in OECD Countries
Autorzy:
Growiec, Jakub
Marć, Łukasz
Powiązania:
https://bibliotekanauki.pl/articles/575715.pdf
Data publikacji:
2009-09-30
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
single-factor productivity (SFP)
Organization for Economic Cooperation and Development (OECD)
parametric method
nested constant-elasticity-of-substitution (CES) production functions
Opis:
The paper aims to determine the single-factor productivity (SFP) of capital and labor in 20 member countries of the Organization for Economic Cooperation and Development (OECD) in 1970-2000. Calculated with the use of a parametric method based onnested constant-elasticity-of-substitution (CES) production functions,the SFP values are used to deal with three research issues: (1) determine the distribution of SFP among countries; (2) compare SFP between individual OECD countries and the United States in 2000 (such an analysis makes it possible to identify which factors are especially efficiently/inefficiently used in production by which countries); (3) conduct a dynamic analysis to check how the SFP of individual factors evolved in the analyzed countries in 1970-2000. The results obtained show that the key advantage of the United States over other OECD countries analyzed in terms of total factor productivity is based on a different level of endowment with individual production factors, specifically physical and human capital. Second, an increased SFP for skilled labor was the main factor (alongside factor accumulation) behind an increase in productivity in OECD countries in 1970-2000. In most countries, especially Japan, the SFP of capital also increased. The SFP of unskilled labor, on the other hand, decreased considerably, the authors note.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2009, 234, 9; 23-47
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
    Wyświetlanie 1-3 z 3

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