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Wyszukujesz frazę "economic growth" wg kryterium: Temat


Tytuł:
The Impact of Corruption on Economic Growth and Innovation in an Economy in Developed European Countries
Autorzy:
Pluskota, Anna
Powiązania:
https://bibliotekanauki.pl/articles/610153.pdf
Data publikacji:
2020
Wydawca:
Uniwersytet Marii Curie-Skłodowskiej. Wydawnictwo Uniwersytetu Marii Curie-Skłodowskiej
Tematy:
economic growth
innovation
corruption
Opis:
Theoretical background: The article explores the relationship between corruption and innovation in an economy and between corruption and economic growth. The multi-faceted and complex nature of corruption means that the impact of corruption on innovation and economic growth is unidirectional. There are arguments in the literature for both positive and negative effects of corruption on macroeconomic figures. Most empirical research confirms the linear negative impact of corruption on economic growth. These results are the opposite of theoretical arguments that there may be both positive and negative consequences of corruption.Purpose of the article: The research aim is to analyse the theoretical aspects of the impact of corruption on selected macroeconomic variables. This goal was achieved by analysing the most significant arguments describing the relationships between chosen variables. Based on the literature analysis, research hypotheses were developed, and they were verified in an empirical study. The results were analysed in the discussion section.Research methods: The study is based on a set of data on economically developed countries in Europe from 1996 to 2017. The empirical study was conducted using basic statistical measures – descriptive statistics and correlation coefficient, whereas econometric models were based on the GMM system (Generalized Method of Moments).Main findings: The results of this research show that the relationships between corruption and the measure of innovation, and corruption and economic growth are not linear. They take the form of a parabola. This means that the influence of corruption on innovation and economic growth is not the same for all levels of the corruption indicator. The relationship between corruption and economic growth is specific enough to show that a low level of corruption is economically justified from the point of view of empirical research. This is possible because corruption solves other economic problems, such as bureaucracy, which limits development. Corruption will support economic growth if the state does not work properly.
Theoretical background: The article explores the relationship between corruption and innovation in an economy and between corruption and economic growth. The multi-faceted and complex nature of corruption means that the impact of corruption on innovation and economic growth is unidirectional. There are arguments in the literature for both positive and negative effects of corruption on macroeconomic fiures. Most empirical research confirms the linear negative impact of corruption on economic growth. These results are the opposite of theoretical arguments that there may be both positive and negative consequences of corruption. Purpose of the article: The research aim is to analyse the theoretical aspects of the impact of corruption on selected macroeconomic variables. This goal was achieved by analysing the most signifiant arguments describing the relationships between chosen variables. Based on the literature analysis, research hypotheses were developed, and they were verifid in an empirical study. The results were analysed in the discussion section. Research methods: The study is based on a set of data on economically developed countries in Europe from 1996 to 2017. The empirical study was conducted using basic statistical measures – descriptive statistics and correlation coefficient, whereas econometric models were based on the GMM system (Generalized Method of Moments). Main findings: The results of this research show that the relationships between corruption and the measure of innovation, and corruption and economic growth are not linear. They take the form of a parabola. This means that the influence of corruption on innovation and economic growth is not the same for all levels of the corruption indicator. The relationship between corruption and economic growth is specific enough to show that a low level of corruption is economically justified from the point of view of empirical research. This is possible because corruption solves other economic problems, such as bureaucracy, which limits development. Corruption will support economic growth if the state does not work properly.
Źródło:
Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia; 2020, 54, 2
0459-9586
Pojawia się w:
Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Effect of Economic Growth on Poverty in Eastern Europe
Autorzy:
Nándori, Eszter Siposné
Powiązania:
https://bibliotekanauki.pl/articles/639714.pdf
Data publikacji:
2010
Wydawca:
Uniwersytet Jagielloński. Wydawnictwo Uniwersytetu Jagiellońskiego
Tematy:
economic growth, poverty, inequality
Opis:
Economists have long been debating about the relationship between economic growth and poverty. In my research I am interested in the effect of economic growth on poverty and income inequality concerning upper-middle income Eastern European countries. I examine this relationship after 1990. Based on Adams’ research, my hypothesis states that in upper-middle income Eastern Europe economic development has significantly reduced income inequalities and poverty since 1990. Besides economic growth, I examine the effect of human development on poverty and inequality as well. To test my hypothesis, I carry out regression analysis and I use data from household surveys and national accounts. Results show that economic growth has had a signifi cant effect on poverty, but not on income inequalities since 1990. It means that economic growth can promote the decrease of the extent and the depth of poverty. Human development, however, has significant effect nor on poverty, neither on income inequalities. So if a country’s government is willing to decrease poverty, it has to concentrate on economic growth, rather than on human development.
Źródło:
Zarządzanie Publiczne; 2010, 1-2(9-10)
2084-3968
Pojawia się w:
Zarządzanie Publiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Analiza czynników określających wzrost gospodarczy w regionie basenu Morza Bałtyckiego
Analysis of Factors Determining Economic Growth in the Baltic Sea Region
Autorzy:
Narękiewicz, P.
Powiązania:
https://bibliotekanauki.pl/articles/906173.pdf
Data publikacji:
2005
Wydawca:
Akademia Morska w Szczecinie. Wydawnictwo AMSz
Tematy:
wzrost gospodarczy
economic growth
Opis:
Region Morza Bałtyckiego odnotowuje jeden z najwyższych w Europie wskaźników wzrostu gospodarczego. Celem artykułu jest analiza czynników determinujących wzrost gospodarczy w regionie. Ponadto określono uwarun-kowania i możliwości wzrostu wymiany handlowej w regionie w przyszłości na tle zmian zachodzących w handlu międzynarodowym.
The region of the Baltic Sea is recording an economic growth index which is one of the highest in Europe. The purpose of the paper is to analyse the factors determining this economic growth. The paper also describes the conditions and possibilities of trade exchange increase in the region in future against the background of changes taking place in international trade.
Źródło:
Zeszyty Naukowe Akademii Morskiej w Szczecinie; 2004, 4 (76); 143-155
1733-8670
2392-0378
Pojawia się w:
Zeszyty Naukowe Akademii Morskiej w Szczecinie
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Problematyka inwestowania w wybranych koncepcjach ekonomicznych
Investment issues in selected economic approaches
Autorzy:
Makary, Borys
Powiązania:
https://bibliotekanauki.pl/articles/1316014.pdf
Data publikacji:
2013-05-21
Wydawca:
Wyższa Szkoła Zarządzania i Bankowości w Krakowie
Tematy:
investment
economy
economic growth
Opis:
W teorii ekonomii możemy zauważyć różne podejścia do problemu inwestowania. Wynikają one między innymi z tego, że na przestrzeni wieków zmieniały się systemy ekonomiczne jak i społeczne. W artykule przedstawione zostaną różne podejścia do problematyki inwestowania w wybranych koncepcjach ekonomicznych. Analizie zostaną poddane inwestycje w teoriach przedklasycznych, klasycznych, Marksa oraz Keynesa
The theory of economics includes various approaches to investment. They result from different economic and social systems that existed throughout ages. The article presents various approaches to investment in selected economic theories and analyzes the issue of investment in pre-classical, classical, Marx’s and Keynes’s theories.
Źródło:
Zeszyt Naukowy Wyższej Szkoły Zarządzania i Bankowości w Krakowie; 2013, 27; 84-95
2300-6285
Pojawia się w:
Zeszyt Naukowy Wyższej Szkoły Zarządzania i Bankowości w Krakowie
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Has Economic Growth in Balkan Countries Been Pro-Poor in the 2012–2017 period?
Autorzy:
Zwierzchowski, Jan
Panek, Tomasz
Powiązania:
https://bibliotekanauki.pl/articles/2076902.pdf
Data publikacji:
2022-05-20
Wydawca:
Uniwersytet Warszawski. Wydział Nauk Ekonomicznych
Tematy:
economic growth
poverty
inequality
Opis:
The study investigates whether economic growth in the Balkan countries was pro-poor in the most recent period. We also try to establish to what extent various measures of pro-poorness of economic growth produce consistent and comparable results. Firstly, concepts of pro-poor growth are defined and corresponding approaches toward measuring pro-poor growth are presented. We distinguish between measures based on a general class of pro-poor indices and a dominance-based techniques. In the empirical part of the study, we verified whether economic growth in six Balkan countries (Greece, Bulgaria, Romania, Slovenia, Croatia and Serbia) was pro-poor in the 2012–2017 period. The analyses is based on the latest available panel data of the European Union Survey on Income and Living Conditions (EU-SILC). Growth was pro-poor in Croatia, Romania and Slovenia during the whole analysed period. The growth pattern was non pro-poor in Bulgaria, Greece and Serbia in certain years, mainly during periods of economic downfall. Various measures of pro-poor growth patterns do not produce consistent results in all instances. The results of the conducted comparative analysis suggest that the level of social benefits does not directly influence the pro-poor nature of the economic growth.
Źródło:
Central European Economic Journal; 2022, 9, 56; 76-92
2543-6821
Pojawia się w:
Central European Economic Journal
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Wpływ zbyt małych i zbyt dużych nierówności płac na wzrost gospodarczy
The Impact of Too Little and Too Big Earnings Inequalities on Economic Growth
Autorzy:
Kumor, Paweł
Powiązania:
https://bibliotekanauki.pl/articles/964232.pdf
Data publikacji:
2010-05-15
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
earnings inequalities
economic growth
Opis:
In political economics coexist two thoughts of income (earnings) inequalities. First, motivating, which postulates bigger earnings inequalities and second, egalitarian, which postulates less earnings inequalities. In the earlier research we tried to reconcile these two thoughts. We confirmed the appearance of optimum, for economic growth, earnings inequalities (Gini index, 28%). From this perspective, both too little and too big earnings inequalities had equally a negative impact on growth. Now we’re putting one hypothesis that too little and too big inequalities cause different waste of economic effectiveness. On one hand, when inequalities are less than the optimum ones, their increase causes considerable economic growth. Then the whole of society accept the increase of earnings inequalities. On the other hand, when inequalities are too big, their downfall gives less economic profits. Demands of poor people to reduce too big disparities in earnings can be corrected by the necessity of using differential work and level of education. The research was conducted for Poland for period 1970–2006 on the economic growth model.
Źródło:
Annales. Etyka w Życiu Gospodarczym; 2010, 13, 1
1899-2226
2353-4869
Pojawia się w:
Annales. Etyka w Życiu Gospodarczym
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Effects of Economic Reforms in India in the Early 1990s
Autorzy:
Narayanan, Vijay
Allen, Ikemefuna
Naser, Nahidah
Powiązania:
https://bibliotekanauki.pl/articles/420766.pdf
Data publikacji:
2015
Wydawca:
Akademia Ignatianum w Krakowie
Tematy:
India
reforms
liberalisation
economic growth
Opis:
The aim of this paper is to understand the economic reforms that were undertaken in the late 1980s and early 1990s in India and their relevance today. The study is based on a literature review. The findings from the literature review are validated from data on growth at the national and regional levels. It was found that much of the effects of the reforms are relevant even today in the Indian context. There has been a positive impact on growth due to liberalisation policies. Economic indicators such as GDP and FDI have been on an increasing trend. The removal of trade barriers has had a positive effect on industry. Employment opportunities have increased in both rural and urban areas resulting in a reduction in unemployment. On the negative side, the observed growth is not inclusive. There has been regional a disparity in growth among the different states with some states growing faster than others. Moreover, not all sectors enjoy the benefits of liberalisation. The agriculture sector, for example, has not seen any or at least very few reforms. Thus to sum up, the government of India needs to continue the reforms and ensure that the benefits of an open market reaches one and all.
Źródło:
Horyzonty Polityki; 2015, 6, 17; 129-147
2082-5897
Pojawia się w:
Horyzonty Polityki
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Проблема общественной динамики как незадействованного потенциала социальной ответственности субъектов экономики
The problem of social dynamics of a non-functional potential of the social responsibility of businesses
Autorzy:
Забрудский, А. В.
Powiązania:
https://bibliotekanauki.pl/articles/501391.pdf
Data publikacji:
2012
Wydawca:
Instytut Studiów Międzynarodowych i Edukacji Humanum
Tematy:
corporate social responsibility
economic growth
Opis:
The author addresses current and important issues of corporate social responsibility. The current situation in this respect is limited economic growth and social development. The author calls for concrete steps to be taken to improve the situation.
Źródło:
Społeczeństwo i Edukacja. Międzynarodowe Studia Humanistyczne; 2012, 2(10); 563-569
1898-0171
Pojawia się w:
Społeczeństwo i Edukacja. Międzynarodowe Studia Humanistyczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The impact of the financial sector on economic growth
Autorzy:
Włodarczyk, Bogdan
Szturo, Marek
Powiązania:
https://bibliotekanauki.pl/articles/2097012.pdf
Data publikacji:
2018
Wydawca:
Polska Akademia Nauk. Komitet Nauk o Finansach PAN
Tematy:
financial sector
economic growth
financialization
Opis:
The approach of a unilateral impact of the financial sector on economic growth was invalidated by the last financial crisis which very quickly changed into a global economic crisis. The aim of the study is the analysis of the impact of the financial sector on economic growth in the context of the growing phenomenon of financialization, which was one of the significant reasons of the financial crisis. The study was focused on presenting the growing scale of this phenomenon and analysing the impact of money supply in USD and EUR on world GDP and the GDP of the USA and the Eurozone. The following hypothesis was postulated: the growing process of financialization causes the growth of the USD and EUR supply, influencing changes in the world GDP, the GDP of the USA and the Eurozone. The study confirmed the hypothesis of the relation of the money supply with changes in economic growth. However, influencing economic growth with the money supply causes the purchasing power of business entities to decrease and causes growing debt. Furthermore, it does not contribute to the strength of the real economy. A repair of the current “system“ should not be sought for in constantly increasing macroprudential regulations, but in a return to a country’s interventionism, leading to a change in the priorities of the actions of financial institutions; mainly banks, and the supply of money based on fixed parities (gold, energy).
Źródło:
FINANSE Czasopismo Komitetu Nauk o Finansach PAN; 2018, 1(11); 9-25
1899-4822
Pojawia się w:
FINANSE Czasopismo Komitetu Nauk o Finansach PAN
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Rodzinny kapitał społeczny a wzrost gospodarczy w Polsce
Family Based Social Capital and Economic Growth in Poland
Autorzy:
Sztaudynger, Jan Jacek
Powiązania:
https://bibliotekanauki.pl/articles/20196997.pdf
Data publikacji:
2009
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
Social Capital
Economic Growth
Polska
Opis:
Economic growth is mostly explained by investments and employment growth. Since the mid 1990s various social categories have been introduced into the economic growth analysis such as trust, crime and income inequality etc. According to sociology and psychology, it is the family that constitutes interpersonal ties and is an indicator of happiness and quality of life. It can be said that happy people better fulfil their social roles and also work better. We set a hypothesis that the family ties have an influence on economic growth. More precisely: the more divorces (compared to newly couples), the slower economic growth. This hypothesis was confirmed in an analysis of Poland’s economy in the years 1967–2006. Due to the disintegration of family ties measured by the above mentioned divorce rate Poland’s annual economic growth was slowed by about a 0.6 percentage point on average. This estimation is based on a GDP growth model which, along with the divorce rate, also includes employment dynamics, invest rate and crime rate.
Źródło:
Annales. Etyka w Życiu Gospodarczym; 2009, 12, 1; 225-244
1899-2226
2353-4869
Pojawia się w:
Annales. Etyka w Życiu Gospodarczym
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Uwarunkowania i priorytety rozwoju pokryzysowej Unii Europejskiej
Determinants and Priorities of the EU Post-Crisis Growth
Autorzy:
Czarczyńska, Anna
Powiązania:
https://bibliotekanauki.pl/articles/957008.pdf
Data publikacji:
2013
Wydawca:
Akademia Leona Koźmińskiego w Warszawie
Tematy:
economic growth
economic integration
financial crisis
Opis:
Purpose: The aim of this paper is to show the conditions of the EU against the realities of the global economy in the post-crisis era, an indication of which are the determinants of the development of the competitive advantage of the Community. Methodology: An analysis of the determinants of growth at different stages of the process of EU integration with particular emphasis on optimum currency area criteria for the euro zone crisis, under asymmetric demand shock. Findings: The last global crisis has highlighted the structural weaknesses of the EU, which in times of economic prosperity can be compensated by a system of transfers and the mechanism of credibility borrowing. With such a strong crisis Europe needs more growth. Research limitations: The costs of this crisis affect the Community, significant for both public finances and the standard of life, but are also visible on a global scale, which is difficult to estimate. Originality: An ex ante perspective on the determinants that will not only restore EU’s position in the world, but also did not miss an opportunity to play a significant role in the rapidly changing global economy, the twenty first century.
Źródło:
Management and Business Administration. Central Europe; 2013, 21, 2(121); 155-169
2084-3356
Pojawia się w:
Management and Business Administration. Central Europe
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Can Georgia Return to the Pre‑crisis Rate of Growth?
Autorzy:
Surmanidze, Ucha
Powiązania:
https://bibliotekanauki.pl/articles/420503.pdf
Data publikacji:
2016
Wydawca:
Akademia Ignatianum w Krakowie
Tematy:
Economic Growth
Global Economic Prospects
Georgia
Opis:
RESEARCH OBJECTIVE: The article aims to analyse Georgia’s short ‑term economic prospects and to make well ‑founded conclusions on the Country’s potential to return to the pre ‑crisis rate of growth in the near future. THE RESEARCH PROBLEM AND METHODS: For evaluat‑ing Georgia’s growth perspective, Country’s essential macroeconomic indicators and statistical data are thoroughly analysed, along with profound study of global economic outlooks and quarterly reports from three prestigious international institutions (IMF, World Bank, EBRD). THE PROCESS OF ARGUMENTATION: Apart from relevant professional and scholarly literature, current economic trends in Geor‑gia are presented in the paper, revising such important issues like FDI and remittances inflow, foreign trade, currency depreciation, government spending and national debt, so those variables that af‑fect the domestic economy at most. Georgia is small, open economy and because of its high dependency on the external sector, certain significant economic tendencies in main partner countries and in the world in general are also applied in the article. RESEARCH RESULTS: On the one hand, the decline of capital inflow into the Country, and socially‑oriented government spending on the other, depreciated the national currency gradually and made Georgia’s external liabilities very costly. Neither the depreciation of the currency, nor export subsidies helped the Country’s exports to recover. This is partially conditioned also by economic troubles in main trade and investment partner countries of Georgia. CONCLUSIONS, INNOVATIONS AND RECOMMENDATIONS: The article intends to enrich the understanding of how small, transition economies operate in uncertain financial environment and what perspectives they have in dealing with external shocks. Current regional and global context, along with obvious drawbacks in Georgia’s fiscal policy make the possibility of regaining pre‑crisis growth rates unrealistic in the near term. The country needs the diversification of export markets and its foreign investment sources, to cut government spending on social programs and bureaucracy, and to direct funds on infrastructural projects.
Źródło:
Horyzonty Polityki; 2016, 7, 20
2082-5897
Pojawia się w:
Horyzonty Polityki
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Review Of Theories And Models Of Economic Growth
Autorzy:
Piętak, Łukasz
Powiązania:
https://bibliotekanauki.pl/articles/632843.pdf
Data publikacji:
2014-03-01
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
economic growth
theories of economic growth
models of economic growth
balanced growth
wzrost gospodarczy
teorie wzrostu gospodarczego
modele wzrostu gospodarczego
zrównoważony wzrost gospodarczy
Opis:
The subject of this article is a review of the theories and models of economic growth. In the first section, the author analyzes the theories of economic growth, such as Schumpeter’s, Lewis’s and Rostow’s theory. In the second part there is a review of the models of economic growth. In this part the author divides models into two groups: exogenus models and endogenus models. The article finishes with conclusions concerning the issues discussed. The method used in writing the article is an analysis of the English and Polish literature on the subject.
Celem artykułu jest przegląd teorii oraz modeli wzrostu gospodarzcego. W pierwszej części autor dokonuje analizy teorii wzrostu gospodarczego autorstwa: Schummpetera, Lewisa oraz Rostowa. W drugiej części opracowania zawarty jest przegląd modeli wzrostu gospodarczego. Autor analizowane modele dzieli na dwie grupy; modele egzogeniczne oraz modele endogeniczne. Artykuł kończy lista wniosków dotyczących przeprowadzonych analiz. Autor przygotowując artykuł wykorzystał metodę analizy literatury angielskiej i polskiej.
Źródło:
Comparative Economic Research. Central and Eastern Europe; 2014, 17, 1; 45-60
1508-2008
2082-6737
Pojawia się w:
Comparative Economic Research. Central and Eastern Europe
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Teoria biegunów wzrostu François Perroux i implementacja jej założeń w Hiszpanii w latach 1964-1975
The growth poles theory by François Perroux and the implementation of its assumptions in Spain in the years of 1964-1975
Autorzy:
Piętak, Łukasz
Powiązania:
https://bibliotekanauki.pl/articles/570122.pdf
Data publikacji:
2014
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
economic growth
growth poles theory
regional policy
Opis:
This paper is devoted to the analysis of the concept of growth poles theory elaborated by an outstanding French professor François Perroux. In the first part the author presents philosophical and methodological analysis of Perroux’s concepts. The second part is devoted to the analysis of the implementation of the growth poles theory in Spain in the years 1964−1975. The originality of Perroux’s concept lies in the introduction of economic space in a consideration and the omission of the role played by physical space. On the other hand, Perroux’s concept is the generalization of the method applied much earlier by other economists. Perroux’s growth poles theory is the part of theory of harmonized growth, but harmonized growth is not the concept of harmonious growth understood as the natural harmony existing in the economic life. Perroux indicates the need for permanent harmonizing of economic forces for social welfare. Perroux is convinced the economic growth is unsustainable, not only spatially but also by sector. That opinion was not something new. He simply belongs to a group of researchers of economics convinced of unsustainable growth. However, there is one difference. Perroux, not like the others, limits only to establish the fact. He tries to explain why that is. Therefore, he created the theory which explained the phenomenon of unsustainable economic growth. He believes the economic growth appears at the points with different frequencies and at different time. Perroux also points to the industrial complexes and entire industries that can be a source of economic growth which he calls “growth poles”. Growth poles policy was very popular in the 60s and 70s. Many countries like France, Spain, Greece or Italian had poles in their economic plans. This tendency was halted as a result of the oil crisis in 1973. Then the active policy of the state in economic planning began to give the way to economic liberalism. In case of Spain, the growth poles policy consisted in the stimulation of industry formation in regions which give hope for accelerated industrial development. During three consecutive periods of planning in Spain a number of poles situated in different regions were created. At that time in Spain there was a problem of migration towards rich regions like Catalonia, Madrid or Basque Country. Therefore, the aim of the implementation of the poles was not only to develop the industry, but also to stop the migration process. One way to evaluate the functioning of the poles in the Spanish economy is examining the amount of established companies, the level of production and the rate of economic growth obtained in regions with poles, the balance of trade between a region with the pole and surrounding regions. The method used by the author consists in comparing two periods: the first period without the pole and the second period with the pole. The analysis also compares the results obtained with the national average.
Źródło:
Ekonomia XXI Wieku; 2014, 1(1); 185-205
2353-8929
Pojawia się w:
Ekonomia XXI Wieku
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Economic growth and its determinant: a crosscountry evidence
Autorzy:
Adepoju, Adedayo A.
Ogundunmade, Tayo P.
Powiązania:
https://bibliotekanauki.pl/articles/1194461.pdf
Data publikacji:
2019-07-02
Wydawca:
Główny Urząd Statystyczny
Tematy:
economic growth
panel data analysis
growth determinants
Opis:
Empirical evidence from a panel of 126 countries, over the time period of 2010 to 2014, indicates that economic growth is dependent on various factors. This paper finds that government expenditure control, reduced inflation and increased trade openness are the factors that boost the economic growth of a country. Significant evidence is seen for government consumption, fiscal policy and trade openness. No significant relationship has been observed between exchange rate and economic growth, whereas unemployment influences output for African countries. The cross regional analysis of Asian, European, African, Caribbean, and American countries gives specific determinants for these regions. Economic growth is also analysed in developing, developed, least developed, Muslim and petroleum exporting and emerging countries. The results of this study validate the dependence of economic growth on various factors. Fiscal balance has shown a consistent positive relationship with economic growth throughout the analyses. Fiscal balance and unemployment rate played their role in the growth of African countries. Inflation rates and increased openness were significant for some regions. Exchange rate did not return significant coefficients for any of the sub-regions. Government consumption, trade openness, policy interest rate and industrial production rate showed significant effect for different regions of the world.
Źródło:
Statistics in Transition new series; 2019, 20, 2; 69-84
1234-7655
Pojawia się w:
Statistics in Transition new series
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Modelowanie realnej konwergencji w skali międzynarodowej
Real Convergence Models in the World
Autorzy:
Próchniak, Mariusz
Witkowski, Bartosz
Powiązania:
https://bibliotekanauki.pl/articles/575911.pdf
Data publikacji:
2006-10-31
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
economic growth
convergence
panel data
Opis:
The article discusses conditional β-convergence in 126 countries around the world in 1975-2003. The authors offer a theoretical model to explain the essence of convergence. Unlike in most empirical studies, the authors assume that convergence, or the relationship between the rate of economic growth and the initial level of GDP, is not constant but changes over time. The model was constructed on the basis of panel data, using the Fixed Effects estimator and the Generalized Method of Moments estimator developed by Arellano and Bond. The results of the evaluation confirm the existence of β-convergence, which is much faster than suggested by most empirical studies. When per capita GDP is 1% higher, the rate of growth falls by 0.20-0.22 percentage points on average. The β-convergence indicator ranges from 22% to 25%. By assuming that convergence is not constant, the authors proved that there is a strong relationship between the initial level of GDP and the rate of economic growth. This shows that their assumption was fully justified as the main hypothesis of the analysis.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2006, 211, 10; 1-31
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Relationships between unemployment and economic growth – the review (results) of the theoretical and empirical research
Autorzy:
Nagel, Katarzyna
Powiązania:
https://bibliotekanauki.pl/articles/522310.pdf
Data publikacji:
2015
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Economic growth
Okun law
Unemployment
Opis:
The article aims to discuss the relationship between economic growth and unemployment as well as related determinant factors based on literature review. The traditional approach presents this relationship through the prism of the effects of creation, capitalization, pool of savings and creative destruction. Nowadays, an increasing number of researchers attach more importance to the impact of institutional factors, such as minimum and efficiency wages or the flexibility of the labor market. Both theoretical and empirical research reveal both the evolution of the relevant views and the lack of consistency between the concepts explaining the relationship between economic growth and unemployment in different regions of the world and in different groups of countries.
Źródło:
Journal of Economics and Management; 2015, 20; 64-79
1732-1948
Pojawia się w:
Journal of Economics and Management
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Nexus between Improvements in Economic Freedom and Growth: Evidence from CEE Countries in Transition
Autorzy:
Gurgul, Henryk
Lach, Łukasz
Powiązania:
https://bibliotekanauki.pl/articles/483259.pdf
Data publikacji:
2011
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
economic growth
economic freedom
CEE transition economies
Opis:
This study examines the causal links between improvements in economic freedom and changes in GDP per capita of new EU members in transition in the period 2000-2009. The empirical results suggest significant causality running from changes in monetary and fiscal freedom, trade openness, regulation of credit, labour, and business, legal structure and security of property rights, and access to sound money to movements in GDP per capita, especially in less and moderately developed CEE transition countries. Moreover, we find evidence that improvements in economic freedom are one of the main factors stimulating the convergence of these economies towards rich EU members. The evidence of causality in the opposite direction is much weaker.
Źródło:
Central European Journal of Economic Modelling and Econometrics; 2011, 3, 3; 133-168
2080-0886
2080-119X
Pojawia się w:
Central European Journal of Economic Modelling and Econometrics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Państwo a dobrobyt ekonomiczny - między wolnością a przymusem
Government and Prosperity: Between Economic Freedom and the Rule of Law
Autorzy:
Piątek, Dawid
Sarzec, Katarzyna
Powiązania:
https://bibliotekanauki.pl/articles/575671.pdf
Data publikacji:
2009-06-30
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
economic freedom
rule of law
economic growth
Opis:
The article examines the key aspects of a debate on the concept of the state and the relationship between freedom and the rule of law in economic studies. On the basis of selected research reports, the authors discuss the results of studies on the influence of economic freedom and the rule of law on prosperity. The paper reviews the most common definitions of economic freedom and the rule of law and methods for measuring them. It follows up with a description of the results of studies on how economic freedom and the rule of law influence economic growth. The analysis made in the paper shows that economic freedom and the rule of law are indispensable for sustained economic growth. They have a major positive influence on the rate of growth. Economic freedom promotes innovation in business and prosperity. However, the government tends to limit economic freedom and forces businesses to behave in a specific way to benefit the economy and the public. This works when the government acts in keeping with the rule of law, the authors say. The rule of law promotes business efficiency and leads to lower transaction costs, which results in faster economic growth, the authors conclude.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2009, 232, 5-6; 1-19
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Historia gospodarcza Chin okresu przedkomunistycznego: wpływ otwarcia gospodarki na świat na rozwój ekonomiczny kraju
Economic history of China’s pre-communist period: the impact of opening the economy on economic development
Autorzy:
Cieślik, Ewa
Powiązania:
https://bibliotekanauki.pl/articles/521598.pdf
Data publikacji:
2016
Wydawca:
Uniwersytet Wrocławski. Wydział Nauk Społecznych. Instytut Studiów Międzynarodowych
Tematy:
economic history
China
Middle Kingdom
economic growth
Opis:
The aim of the article is to present the different stages of China’s development before the real socialism period, with the special emphasis on international economic relations. The paper describes the most important stages of development of international trade and capital flows. The research question of the article is the statement that increasing the openness of the Chinese economy in 1850-1930 translated into GDP growth in the Middle Kingdom in pre-communist period.
Źródło:
Wschodnioznawstwo; 2016, 10; 121-132
2082-7695
Pojawia się w:
Wschodnioznawstwo
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Public Debt as a Problem of the European Union
Autorzy:
Piątkowski, Paweł
Powiązania:
https://bibliotekanauki.pl/articles/488879.pdf
Data publikacji:
2014
Wydawca:
Instytut Badań Gospodarczych
Tematy:
public debt
economic growth
European Union
Opis:
The article is aimed at analyzing the consequences of debt crisis in European Union. Special attention is paid to changes in economic policy. In the first paragraph theoretical background of public debt is presented. In the second paragraph the level of public debt in European Union is compared with other countries. Finally, changes in the public debt policy are presented.
Źródło:
Oeconomia Copernicana; 2014, 5, 2; 21-34
2083-1277
Pojawia się w:
Oeconomia Copernicana
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The BRIICs and inequality: income inequality trends in major emerging markets and their implications
Nierówności w krajach BRIIC: trendy w nierównościach dochodowych na głównych rynkach wschodzących i ich konsekwencje
Autorzy:
Fabisiak, Jan
Prokurat, Sergiusz
Powiązania:
https://bibliotekanauki.pl/articles/548970.pdf
Data publikacji:
2012
Wydawca:
Uniwersytet Rzeszowski. Wydawnictwo Uniwersytetu Rzeszowskiego
Tematy:
income inequalities
BRIIC countries
economic growth
Opis:
Artykuł bada trendy kształtowania się nierówności dochodowych w krajach BRIIC. Pierwsza część opisuje ewolucję pojmowania nierówności dochodowych, przechodząc do ich klasyfikacji, metod pomiaru i wpływu na wzrost gospodarczy. Kolejna część definiuje kraje BRIIC, ich cechy wspólne, ich przyszłe perspektywy w globalnym układzie sił, oraz, co najważniejsze z punktu widzenia tego artykułu, zmiany w ich nierównościach dochodowych. Ostatnia część podsumowuje debatę, przeprowadzając porównania między poszczególnymi krajami.
This paper seeks to study the trends in income inequalities in the BRIIC countries. The first section of this paper investigates the evolution of the understanding of income inequalities, moving on to their classification, measurement and proposed impact on growth. The following section examines the nature of the BRIIC countries, their commonalities, future perspectives on the world stage and, most importantly to this paper, their income inequality dynamics. The last section concludes with a cross-country comparison
Źródło:
Nierówności Społeczne a Wzrost Gospodarczy; 2012, 26; 122-135
1898-5084
2658-0780
Pojawia się w:
Nierówności Społeczne a Wzrost Gospodarczy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Efekty skali a wzrost gospodarczy
Scale Effects and Economic Growth
Autorzy:
Tokarski, Tomasz
Powiązania:
https://bibliotekanauki.pl/articles/574471.pdf
Data publikacji:
2007-02-28
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
scale effects
production function
economic growth
Opis:
The paper focuses on the neoclassical production function and its influence on the economic growth model proposed by N. Gregory Mankiw, David Romer and David N. Weil [1992]. The model is an expanded version of the traditional neoclassical model developed by Robert M. Solow [1956]. In the context of the production function, the author examines the influence of scale effects on long-term growth and basic macroeconomic variables such as output, physical capital, human capital and consumption per worker. He also reviews scale effects in terms of Edmund S. Phelps’ golden rules of capital accumulation [1961, 1966]. The analysis includes differential equations of the type used by Bernoulli and Riccati to describe increases in physical and human capital stock per unit of effective labor (in the case of constant scale effects) and increases in capital stock growth rates (in the case of decreasing and growing scale effects). The paper ends with a number of important conclusions. First, under constant scale effects, the long-term rates of growth for basic macroeconomic variables are equal to the rate of Harrod-neutral technological progress (which is an exogenous variable in the Mankiw-Romer-Weil model). Second, under decreasing/growing scale effects, these rates are lower/higher than the rate of Harrod-neutral technological progress. Third, repealing the constant-scale-effects assumption in the Mankiw-Romer-Weil growth model does not change the golden rules of capital accumulation because, regardless of whether scale effects decrease, grow or are constant, the golden rule of accumulation holds that the structure of investment rates corresponds to the elasticities of output with regard to physical and human capital inputs.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2007, 213, 1-2; 9-31
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Zastosowanie modelu wzrostu gospodarczego do szacowania optymalnej nierówności płac
The Use of the Economic Growth Model for the Estimation of Optimal Pay Disparities
Autorzy:
Kumor, Paweł
Sztaudynger, Jan J.
Powiązania:
https://bibliotekanauki.pl/articles/574530.pdf
Data publikacji:
2007-03-31
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
economic growth
econometric model
pay disparities
Opis:
The authors have developed an econometric growth model to estimate an “optimal” diversification of wages. Pay disparities are optimal when they produce the highest rate of GDP growth. An optimal diversification of wages can be calculated by introducing a variable thanks to which the model will measure “parabolic” disparities. The authors advance a hypothesis that there is an optimal level for the diversification of wages. If pay disparities are smaller than optimal, the most creative, hard-working and efficient individuals are insufficiently rewarded and are not properly encouraged to take advantage of their capabilities in contributing to gross domestic product. If wage disparities are greater than optimal, employees with lower qualifications are underpaid. This can be accompanied by feelings of social injustice and a sense of exploitation and impoverishment. This harms interpersonal ties and the relationship between employees and employers, in addition to limiting people’s confidence and reducing social capital. In such a situation, low-paid employees have little incentive to work. They only have enough motivation to satisfy their minimum biological needs and stay above the poverty line. Underpaid employees display insufficient creativity and dedication. The empirical analysis conducted by the authors for the Polish economy applies to the 1986-2004 period. The analysis shows that pay disparities are higher than optimal and have grown steadily since 1999. A statistically significant slowdown in productivity caused by an excessive diversification of wages occurred in 2003 and 2004. At the time, productivity dropped by around 0.5 and 0.8 percentage points respectively.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2007, 214, 3; 49-65
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Concerns on the issue of defence expenditure in the post-crisis Greece
Autorzy:
Katsaitis, Odysseus
Kondylis, Konstantine
A. Zombanakis, George
Powiązania:
https://bibliotekanauki.pl/articles/576127.pdf
Data publikacji:
2019-01-28
Wydawca:
Akademia Sztuki Wojennej
Tematy:
defence expenditure
economic growth
arms races
Opis:
The paper aims to tackle a controversial issue, namely the anticipated developments regarding defence expenditure once the Greek economy returns to growth. Such a comeback is expected to occur following a prolonged recessionary period during which defence spending cuts were a top priority, as recommended by the IMF, the ECB and the EC, members of the so-called “Troika”. The paper uses both conventional econometrics as well as neural networks to consider and evaluate the hierarchy’s ordering of the determinants used in such a demand for defence expenditure based on their explanatory power. While the role of property resources is certainly pronounced, as expected, human resources variables also seem to be able to explain defence spending developments, especially in the recent past. A forecasting investigation based on this background points to a number of interesting conclusions on the anticipated developments concerning defence spending in the future as well as on the determinants of such developments which might represent a threat to NATO cohesion.
Źródło:
Security and Defence Quarterly; 2019, 24, 2; 177-201
2300-8741
2544-994X
Pojawia się w:
Security and Defence Quarterly
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Health Capital and its Relationship to Economic Growth
Autorzy:
Zarzycki, Daniel
Malaczewski, Maciej
Powiązania:
https://bibliotekanauki.pl/articles/1022720.pdf
Data publikacji:
2020-06-30
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
economic growth
health indicators
health capital
Opis:
The purpose of the article/hypothesis: The purpose of this paper is to attempt to justify the thesis that the health potential of human and society has an impact on economic well-being, contributing to the economic growth of countries, and thus their enrichment.Methodology: In order to examine the significance and strength of the impact of health capital on productivity on a macroeconomic scale, an econometric model of economic growth was used and six estimations were made in which the impact of subsequent components of this capital was examined.Results of the research: It turned out that 4 out of 6 introduced variables of health capital significantly influenced economic growth, and their direction is consistent with the economic theory. This implies necessity for further studies.
Źródło:
Finanse i Prawo Finansowe; 2020, 2, 26; 157-170
2391-6478
2353-5601
Pojawia się w:
Finanse i Prawo Finansowe
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Human capital and economic development: The axiological perspective
Autorzy:
Woźniak, Michał Gabriel
Powiązania:
https://bibliotekanauki.pl/articles/653139.pdf
Data publikacji:
2017
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
economic growth and development
business ethics
Opis:
Global capitalism is both an outcome and a stimulant of spreading not only the same market economy standards and lifestyles but moral relativism as well. Its origin goes back to Anglo-Saxon liberalism that limits the individuals to maximize their personal benefits that are measured according to the market values. The perception of human nature adopted in this ideology determines solutions as for how to achieve individual and communitarian goals and meet criteria of their validation. As a result, the development of human capital understood as the knowledge necessary to act, is focused on its subjective functions. Thus, human capital plays a more important role in the multiplication of individual benefit than in the improvement of the value of human life. Such developed human capital results in growing disparities in the knowledge assets enabling the harmonization of personal benefit with the responsibility for the valuable life of present and future generations. These disparities lead to an increase in risk of global threats to humanity. The reaction to these threats cannot be based on the development of globalization. The concept that respects the multi-faceted nature of a human being seems to be an appropriate alternative. Due to these efforts, new economics might be developed that may provide applicable educational and institutional tools for long-term sustained economic development and improve the quality of life of an individual.
Źródło:
Annales. Etyka w Życiu Gospodarczym; 2017, 20, 5; 83-93
1899-2226
2353-4869
Pojawia się w:
Annales. Etyka w Życiu Gospodarczym
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Economic growth and the optimal inequality of income
Autorzy:
Sztaudynger, Jan Jacek
Powiązania:
https://bibliotekanauki.pl/articles/653292.pdf
Data publikacji:
2018
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
income inequality
economic growth
optimal inequality
Opis:
Inequality of income is one of the significant factors forming social capital. Two views dominate among economists dealing with the influence of income inequality on economic growth. On the one hand, a too low level of income inequality does not motivate people to increase their labour productivity. Low inequality of income might result from an extended social care system and a GDP burdened with social transfers. A good example may be a situation when an unemployed person refuses to accept a job offer and prefers unemployment benefits to a slightly higher salary. Moreover, a lack of incentives for an employee who fails to acknowledge the economic sense of increasing the productivity of his or her work might lead to a slower growth of the economy. On the other hand, a contrary view suggests that an increase in inequality of income has a negative impact on the economy. The accumulation of wealth by a small number of citizens raises doubts about the good use of that wealth for the investments necessary for the growth of the economy. Excessive inequality of income is confronted with the disapproval of a significant part of society and is regarded as unfair and unjustified. It may also increase the crime rate, decrease trust and, more generally, lead to the weakening of social capital. The arguments presented above lead to the hypothesis that the influence of income inequality on the growth of the economy has a non-linear, parabolic character. We have confirmed this hypothesis in growth models of the US and Swedish economies. We assess the historically optimal inequality of income measured by the Gini coefficient at 46% and 24% for the US and Sweden, respectively. The optimal inequality of income for Poland was assessed previously at 29%. The dissimilarities may result from differences in culture, society, educational level and diligence.
Źródło:
Annales. Etyka w Życiu Gospodarczym; 2018, 21, 8; 89-99
1899-2226
2353-4869
Pojawia się w:
Annales. Etyka w Życiu Gospodarczym
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Consumption-led expansions lead to lower future output growth
Autorzy:
Virén, Matti
Powiązania:
https://bibliotekanauki.pl/articles/2176613.pdf
Data publikacji:
2023-02-28
Wydawca:
Główny Urząd Statystyczny
Tematy:
economic growth
demand management
consumption-led growth
Opis:
When assessing future growth prospects, does the current structure of demand matter, i.e. does it affect the future growth? This question is analysed in our paper using global and EU panel data. The result is quite striking: consumption-led growth - either in terms of private or public or total consumption - is slower than investment-led or exports-led growth. The same qualitative result is obtained irrespectively of the length of the past growth period (lag window), yet the more often the past is characterised by consumption-led growth, the slower the growth rate is in the future. In this context, our research provides important insights for both structural and cyclical policies.
Źródło:
Przegląd Statystyczny; 2022, 69, 3; 44-59
0033-2372
Pojawia się w:
Przegląd Statystyczny
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Wzrost gospodarczy a rozwój społeczno-gospodarczy w Chinach
Economic growth and socio-economic development in China
Autorzy:
Pisarski, Marcin
Powiązania:
https://bibliotekanauki.pl/articles/533464.pdf
Data publikacji:
2014
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
economic growth
socio-economic development
China
PRC
Opis:
The aim of this article is to analyze the impact of economic growth on socio-economic development in China. The secondary objective is to answer the question whether economic growth can be associated with the increase of poverty in the society. To achieve the objectives there was used the analysis of social welfare indicators such as: the level of poverty in the society, the GDP per capita, inflation level and access to particular goods and services in the People’s Republic of China and the Republic of India. The paper describes differences between economic growth and socio-economic development. The analysis of mentioned indicators has allowed to determine how fast the prosperity in China develops, and has answered the question posed as a secondary aim, i.e. economic growth in India is unfortuanely accompanied by the increased poverty of the population.
Źródło:
Społeczeństwo i Ekonomia; 2014, 1 (1); 173-182
2353-8937
Pojawia się w:
Społeczeństwo i Ekonomia
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Zrównoważony wzrost gospodarczy w teoriach i modelach wzrostu i rozwoju gospodarczego
Sustainable economic growth in theories and models of economic growth and development
Autorzy:
Piętak, Łukasz
Powiązania:
https://bibliotekanauki.pl/articles/684570.pdf
Data publikacji:
2016
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
zrównoważony wzrost gospodarczy
teorie wzrostu i rozwoju gospodarczego
modele wzrostu gospodarczego
sustainable economic growth
theories of economic growth and development
models of economic growth
Opis:
The aim of this article is to analyze the concept of sustainable economic growth in theories and models of growth and development. The theoretical character of article decided on the choosing of research method, which is the analysis of the literature on discussed issue. In the article were used bibliography published in Polish, English and French. The first part of the article was devoted to the issue of economic growth in the history of economic thought. In his part were characterized factors determining economic growth according to classical economics and Keynesian economics. In the second part theories of socio-economic development and theories of economic growth were characterized and their division, which provide balanced and unbalanced character of growth, were done. The third part of the study was devoted to models of economic growth. In this case, the models were divided into exogenous models, which provide achieving the sustainable growth by the economy, and endogenous models, according to which, economic growth is unbalanced. In thelast part of this article it considers about other factors affecting economic development. The article ends with conclusions resulting from analyzes.
Celem artykułu jest analiza koncepcji zrównoważonego wzrostu gospodarczego w teoriach i modelach wzrostu i rozwoju. Teoretyczny charakter artykułu zdecydował o wyborze metody badawczej, którą jest analiza piśmiennictwa dotyczącego omawianego zagadnienia. W artykule wykorzystano pozycje bibliograficzne publikowane w języku polskim, angielskim i francuskim. Pierwszą część artykułu stanowi wstęp. Druga część została poświęcona zagadnieniu wzrostu gospodarczego w historii myśli ekonomicznej. Scharakteryzowano w niej czynniki decydujące o wzroście gospodarczym według ekonomii klasycznej oraz keynesizmu. W kolejnej – trzeciej – części charakteryzowano teorie rozwoju społeczno-gospodarczego i teorie wzrostu gospodarczego oraz dokonano ich podziału na teorie przewidujące odpowiednio zrównoważony i niezrównoważony charakter wzrostu gospodarczego. Czwartą część opracowania poświęcono modelom wzrostu gospodarczego. W tym przypadku modele podzielono na egzogeniczne, przewidujące osiąganie przez gospodarkę stanu zrównoważonego, oraz endogeniczne, według których wzrost gospodarczy jest niezrównoważony. W ostatniej części artykułu podjęto zagadnienie dotyczące innych czynników wpływających na rozwójgospodarczy. Artykuł kończy się wnioskami wynikającym z przeprowadzonych analiz.
Źródło:
Gospodarka w Praktyce i Teorii; 2016, 43, 2
1429-3730
2450-095X
Pojawia się w:
Gospodarka w Praktyce i Teorii
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Empirical analysis of multinational corporations and economic growth in Nigeria (1991-2014)
Autorzy:
Ogiriki, Tonye
Werigbelehga, Andabai Priye
Powiązania:
https://bibliotekanauki.pl/articles/1193881.pdf
Data publikacji:
2015
Wydawca:
Przedsiębiorstwo Wydawnictw Naukowych Darwin / Scientific Publishing House DARWIN
Tematy:
economic growth
empirical analysis
multinational corporations
Opis:
The paper attempts to evaluate the relationship between empirical analysis of multinational corporations and economic growth in Nigeria using data spanning (1991-2014). Secondary data were used and were collected from the CBN statistical bulletin and national bureau of statistics. Hypotheses were formulated and tested using time series econometrics and the study reveals that the variables do not have unit roots. There is also long-run equilibrium relationship between economic growth and multinational corporations and the result confirms that about 73% short-run adjustment speed from long-run disequilibrium. There is a causal relationship between multinational corporations and economic growth. The coefficient of determination indicates that about 52% of the variations in economic growth is explained by changes in multinational corporations’ variables. The study therefore recommends that multinational corporations should make life meaningful to the host country by providing infrastructural facilities. Government should ensure that multinational corporations plough back part of their profits to the development of the host communities in other to established good working relationship. Federal environmental protection agencies should also ensure effective monitoring of multinational corporations to avoid the violation of the lay down rules and regulations guiding their operations.
Źródło:
World Scientific News; 2015, 23; 58-72
2392-2192
Pojawia się w:
World Scientific News
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Economic effects of taxation by income taxes (outline of the problem)
Autorzy:
Wołowiec, Tomasz
Powiązania:
https://bibliotekanauki.pl/articles/1375580.pdf
Data publikacji:
2019
Wydawca:
Międzynarodowy Instytut Innowacji Nauka – Edukacja – Rozwój w Warszawie
Tematy:
income taxation
fiscal policy
economic growth
Opis:
Public discussions concerning tax system reforms are dominated by the view that lowering taxes is the only panacea for stimulating economic growth. But is this really so? To be able to answer this question we need to examine how the level of fiscal burden and structure of budget tax revenues are correlated with GDP growth rate (27 EU countries, data 2000-2018). A relationship that is particularly examined is the correlation between the level of fiscal burden in personal income tax and economic growth rate. Considerably less attention is paid in various analyses to the influence of the structure of budget tax revenues on economic growth. income taxation, fiscal policy, economic growth
Przeprowadzona analiza zależności między trzema rodzajami podatków a wzrostem gospodarczym w Polsce i krajach UE w latach 2000-2018 wskazuje na następujące. Po pierwsze istnieje statystycznie istotny związek między opodatkowaniem a wzrostem gospodarczym w badanym okresie, po drugie istnieje statystycznie istotny, ujemny związek między udziałem składek na ubezpieczenie społeczne do PKB a wzrostem gospodarczym, po trzecie istnieje statystycznie istotny, ujemny związek między udziałem podatków bezpośrednich do PKB a wzrostem gospodarczym, ale słabszy niż w przypadku składek na ubezpieczenie społeczne i po czwarte istnieje statystycznie istotny, dodatni związek pomiędzy wpływami z podatków pośrednich a wzrostem gospodarczym. Przeprowadzona w pracy analiza statystyczna wykazała statystycznie istotny, ujemny wpływ opodatkowania podatkami bezpośrednimi i składkami na ubezpieczenie społeczne na wzrost gospodarczy w prezentowanych krajach. podatki dochodowe, polityka fiskalna, wzrost gospodarczy
Źródło:
International Journal of New Economics and Social Sciences; 2019, 9(1); 29-49
2450-2146
2451-1064
Pojawia się w:
International Journal of New Economics and Social Sciences
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Hypothesis of Jobless Economic Growth in the Global Triad Countries
Autorzy:
Misztal, Piotr
Powiązania:
https://bibliotekanauki.pl/articles/517258.pdf
Data publikacji:
2014
Wydawca:
Instytut Badań Gospodarczych
Tematy:
economic growth
employment
Okun 's law
Opis:
The aim of the study is to analyze the hypothesis of jobless economic growth in economic theory and in the Global Triad countries (U.S. , EU-15, Japan, China , India). In the article the research method based on the literature study in the field of macroeconomics and international finance were used, as well as econometric methods (Ordinary Least Squares). All the statistics used in the study had an annual frequency and covered the period from 1990 to 2012. These data came from the statistical database of the Business Membership and Research Associa-tion – The Conference Board Total Economy Database. On the basis of the study the phenomenon of jobless economic growth in China and India was revealed. However, in the case of the USA, the EU-15 and Japan the positive impact of eco-nomic growth on changes in employment was confirmed.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2014, 9, 3; 109-129
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Ekonomiczne skutki transferowania zarobków przez emigrantów
The Economic Effects of Cash Transfers from Expatriate Workers
Autorzy:
Brzozowski, Jan
Szarucki, Marek
Powiązania:
https://bibliotekanauki.pl/articles/575415.pdf
Data publikacji:
2010-03-31
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
expatriate workers
economic growth
cash transfers
Opis:
The paper examines the economic effects of cash transfers from Poles working abroad. The authors discuss selected methodological issues, including the treatment of cash transfers in international statistics and problems linked with the interpretation of the data. According to Brzozowski and Szarucki, cash transfers are usually examined in terms of their overall effect, while a more appropriate method would be to look at their net inflow, considering the outflow of funds from another country. Many researchers also tend to forget that such transfers are intended for private purposes, which limits the possibility of using them to spur a country’s economic growth, the authors say. Brzozowski and Szarucki analyze the flow of cash transfers in Poland and elsewhere. Cash transfers from Poles working abroad have increased markedly in recent years, the authors say, because many people have left the country for economic reasons. The greatest inflow of net transfers was recorded in 2007-2008, at around $9 billion annually. Preliminary data for 2009 show that the global economic crisis has considerably reduced the possibility of transferring cash by expatriate workers to their families back home, the authors note. The paper also discusses the results of research into cash transfers and the effects of their inflow in Poland and other countries. The aim is to show the possible consequences of cash transfers for a given economy, including the ways in which these funds could spur economic growth. In countries with relatively well-developed financial systems, cash transfers have led to a significant increase in consumption, while failing to boost investment, Brzozowski and Szarucki say. As a result, it is difficult to expect that such transfers will have a positive impact on economic growth in the longer term, the researchers conclude.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2010, 238, 3; 63-78
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Konwergencja dochodowa: mocne i słabe strony istniejących podejść
Autorzy:
Bernardelli, Michał
Próchniak, Mariusz
Witkowski , Bartosz
Powiązania:
https://bibliotekanauki.pl/articles/630519.pdf
Data publikacji:
2017
Wydawca:
Szkoła Główna Handlowa w Warszawie
Tematy:
Economic growth, Convergence, Hidden Markov model
Opis:
The paper presents the review of the literature on income-level convergence(catching-up). The analysis includes convergence defined as the tendency toward equalization of income levels between countries. Unlike typical survey papers, the article focuses on the identification of weaknesses in the hitherto empirical studies on convergence. Apart from the standard types of the catching-up process (beta and sigma convergence), papers with the alternative measures of convergence(gamma and rho) are also analyzed. Both these elements constitute the value added of this research. The authors conclude that despite many empirical approaches, there is still much room for proposing new theoretical and empirical methods to analyze the catching-up process. Among others, studies that use hidden Markov models in the analysis of convergence are absent.
Źródło:
Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace; 2017, 3; 71-86
2082-0976
Pojawia się w:
Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Health Capital and its Relationship to Economic Growth
Autorzy:
Zarzycki, Daniel
Malaczewski, Maciej
Powiązania:
https://bibliotekanauki.pl/articles/2121680.pdf
Data publikacji:
2021-09-03
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
economic growth
health indicators
health capital
Opis:
The purpose of the article/hypothesis: The purpose of this paper is to attempt to justify the thesis that the health potential of human and society has an impact on economic well-being, contributing to the economic growth of countries, and thus their enrichment. Methodology: In order to examine the significance and strength of the impact of health capital on productivity on a macroeconomic scale, an econometric model of economic growth was used and six estimations were made in which the impact of subsequent components of this capital was examined. Results of the research: It turned out that 4 out of 6 introduced variables of health capital significantly influenced economic growth, and their direction is consistent with the economic theory. This implies necessity for further studies.
Źródło:
Finanse i Prawo Finansowe; 2021, Numer Specjalny; 185-198
2391-6478
2353-5601
Pojawia się w:
Finanse i Prawo Finansowe
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Wzrost gospodarczy a optymalne zróżnicowanie dochodów w USA i Szwecji
Economic Growth and the Optimal Inequality of Income in the US and Sweden
Autorzy:
Pawlak, Witold
Sztaudynger, Jan Jacek
Powiązania:
https://bibliotekanauki.pl/articles/964278.pdf
Data publikacji:
2008-05-15
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
income inequality
economic growth
optimal inequality
Opis:
Inequality of incomes is one of the significant factors forming the social capital. Two views dominate among economists dealing with the influence of inequality of income on economic growth. On the one hand, a too low inequality of income does not motivate people to increase the labour productivity. A low inequality of income might result from an extended social care system and overloading GDP with social transfers. A good example of it may be a situation when the unemployed refuses to accept a job offer and prefers the unemployment benefit rather to a slightly higher salary. Moreover, a lack of incentives for the employee who fails to acknowledge the economic sense of increasing the productivity of his work might lead to the slower growth of economy. On the other hand, a contrary view suggests that an increase of the inequality of income has a negative impact on the economy. The accumulation of wealth by a small number of citizens raises doubts about good use of that wealth for investments necessary for the growth of the economy. An excessive inequality of income is confronted with disapproval of the significant part of society and regarded as unfair and unjustified. It may also increase the crime level and decrease the trust and, more generally, lead to the weakening of social capital. The arguments above lead to a hypothesis that the influence of the inequality of income on the growth of the economy has a non-linear character. We confirmed this hypothesis in growth models of the US and Swedish economies. We assess the historically optimal inequality of income measured by the Gini coefficient at 46% and 24% for the US and Sweden respectively. The optimal inequality of income in Poland was assessed previously at 29%. The dissimilarities may result from the cultural differences, educational level differences, ethnic differences and differences in diligence.
Źródło:
Annales. Etyka w Życiu Gospodarczym; 2008, 11, 1
1899-2226
2353-4869
Pojawia się w:
Annales. Etyka w Życiu Gospodarczym
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Corruption and economic growth in India and Nigeria
Autorzy:
Obamuyi, Tomola M.
Olayiwola, Saheed O.
Powiązania:
https://bibliotekanauki.pl/articles/522170.pdf
Data publikacji:
2019
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Corruption
Economic growth
Human capital
Investment
Opis:
Aim/purpose – Theoretical arguments about the impact of corruption on economic growth have divided economists into two groups. The first one believes that corruption is an obstruction to economic growth and development while the second – that corruption plays a positive role in the development process. Therefore, the arguments on the effects of corruption on economic growth are inconclusive. This study investigates the effects of corruption on economic growth as measured in real Gross Domestic Product (GDP) per capita growth in Nigeria and India due to the pervasive corruption in the two low-income countries. Design/methodology/approach – The study employed Mo’s framework (2001) for investigating corruption and growth mechanism. The data for the study which covered 1980-2015 was extracted from the World Bank data repository. Corruption was measured by the Corruption Perception Index. Other variables are population growth rate, trade openness, education and the output of agriculture, industry and service sectors. Correlation coefficients were used to show a correlation between corruption and GDP growth rate for both countries. Ordinary Least Square (OLS) regression was used to estimate the effects of corruption on economic growth. Findings – The major findings of the study are: (1) Corruption has a stifling effect on economic growth when the measures of human capital, political instability and capital formation were not included in the estimation for India; (2) Corruption has a positive effect on economic growth when the measures of human capital, political instability and capital formation were included interchangeably and combined together in the estimation for India; (3) Corruption has a stifling effect on economic growth when the measures of human capital, political instability and capital formation were both included and excluded in the estimation for Nigeria; and (4) The transmission mechanism results show that corruption adversely affects economic growth through investment and human capital in both countries. Research implications/limitations – The implications of this study are that corruption produces a dampening effect on growth in both countries and the transmission channels were through investment and human capital. The limitation of the study has to do with the data. A better measure of corruption aside corruption perception index may produce different results. Originality/value/contribution – The unique contribution of the study is the investigation of the channel through which corruption affects economic growth in India and Nigeria.
Źródło:
Journal of Economics and Management; 2019, 35; 80-105
1732-1948
Pojawia się w:
Journal of Economics and Management
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Produktywność jako czynnik wzrostu gospodarczego w Polsce, Czechach i na Słowacji w okresie 2004-2013
Productivity as a factor of economic growth Poland, the Czech Republic and Slovakia in the period 2004-2013
Autorzy:
Siński, Wojciech
Powiązania:
https://bibliotekanauki.pl/articles/509807.pdf
Data publikacji:
2016
Wydawca:
Polskie Towarzystwo Ekonomiczne
Tematy:
wzrost gospodarczy
determinanty wzrostu gospodarczego
produktywność
nierówność dochodowa
economic growth
determinants of economic growth productivity
income inequality
Opis:
W pracy podjęto próbę analizy porównawczej produktywności czynników długookre-sowego (10 lat) wzrostu gospodarczego Polski, Czech i Słowacji, po akcesji do Unii Europejskiej. Determinanty wzrostu gospodarczego (zasoby ludzkie, kapitał, postęp technologiczny) potraktowane zostały w pracy jako zmienne objaśniające, a wartość PKB jak zmienna objaśniana. Porównanie dynamiki czynników produkcji z dynamiką PKB pozwoliło na analizę, w jakim stopniu mamy do czynienia ze wzrostem produk-tywności, a w jakim ze wzrostem o charakterze ekstensywnym. Z analizy danych empirycznych wynika, że wzrost produktywności, mierzony TFP (postępem technologicznym i organizacyjnym), gospodarek słowackiej i czeskiej wskazuje na fakt lepszego niż w Polsce wykorzystania przez te gospodarki nagromadzonego kapitału. W pracy przedstawiono także zmiany, które nastąpiły w okresie 2005-2013 w rozkładzie dochodów (mierzonym współczynnikiem Giniego) polskich, słowackich i czeskich gospodarstw domowych. Przedstawiony w opracowaniu materiał analityczny, przy wszystkich uproszczeniach badania, stawia przede wszystkim pytanie o poziom innowacyjności polskich przedsiębiorstw. Gospodarka polska bowiem, przy niezaprzeczalnych sukcesach w zakresie tempa wzrostu gospodarczego, ma ciągle duży dystans do odrobienia, tak w zakresie udziału postępu technologicznego we wzroście gospodarczym, jak i w zakresie zmniejszenia skali nierówności dochodowych polskich gospodarstw domowych.
This article attempts to provide a comparative analysis of the long-term (10 years) economic growth factors in Poland, the Czech Republic and Slovakia, after the accession to the European Union. While determinants of economic growth (human resources, capital, technological progress) are treated in this work as explanatory variables, the value of GDP is perceived as the dependent variable. The comparison of production factors dynamics with the GDP growth made it possible to analyze the extent to which one deals with an increase in productivity as compared with an increase of an extensive nature. The analysis of empirical data shows that the increase in productivity of the Slovak and Czech economies, measured by TFP (Total Factor Productivity), points to the fact that those economies make better use of accumulated capital than the Polish one. The paper also shows the changes which occurred in the years 2005-2013 in the distribution of income (measured by the Gini coefficient) in the Polish, Slovak and Czech households. Aknowledging all simplifications of the study, the analytical material presented in the paper primarily brings into question the innovation level of Polish enterprises. While the Polish economy has been undeniably successful in terms of economic growth, there is still a big gap to fill both with regard to the share of technological progress in the economic growth and in terms of reducing the scale of income inequality in the Polish households.
Źródło:
Zeszyty Naukowe Polskiego Towarzystwa Ekonomicznego w Zielonej Górze; 2016, 3, 4; 239-253
2391-7830
2545-3661
Pojawia się w:
Zeszyty Naukowe Polskiego Towarzystwa Ekonomicznego w Zielonej Górze
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Impact of Gender Wage Gap on Sectoral Economic Growth – Cross-country Approach
Autorzy:
Wolszczak-Derlacz, Joanna
Powiązania:
https://bibliotekanauki.pl/articles/517291.pdf
Data publikacji:
2013
Wydawca:
Instytut Badań Gospodarczych
Tematy:
gender wage gap
economic growth
manufacturing sectors
Opis:
We propose an empirical analysis of testing the relationship between gender wage gap and economic growth. The study takes into account 12 manufacturing sectors in 18 OECD countries for the period between 1970 and 2005.We use industrial statistics (EU KLEMS, 2008) on female and male wages that distinguish between wages paid to different groups of workers classified according to skill level: high, medium and low. We estimate augmented production function where the male-female wage differentials constitute a potential channel influencing growth (posi-tively or negatively). Our research is motivated by the ambiguous results of previous empirical studies (e.g.: Seguiono 2000; Busse, Spielmann 2006; Seguino 2011; Schober, Winter-Ebmer 2011). Our main findings indicate that gender wage gap for high, medium and low-skilled workers is negatively correlated with sectoral growth. This results are confirmed in a number of robustness checks.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2013, 8, 3; 103-122
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Bipolar growth model with investment flows
Autorzy:
Katarzyna, Filipowicz
Tomasz, Misiak
Tomasz, Tokarski
Powiązania:
https://bibliotekanauki.pl/articles/943113.pdf
Data publikacji:
2016-09-30
Wydawca:
Uniwersytet Ekonomiczny w Poznaniu
Tematy:
Economic growth
investment flows
convergence
numerical simulations
Opis:
The aim of the present study is to design a bipolar model of economic growth with investment flows between two types of economies (conventionally referred to as relatively rich economies and relatively poor economies). Therefore in the following considerations it is assumed that the process of capital accumulation depends on investments undertaken in the economy. At the same time the Solow growth model takes into account only investments financed by domestic savings, whereas in the bipolar growth model also the investment flows between rich and poor economies are considered. It is assumed that both relatively rich economies are investing in the relatively poor economies and the poor economies make investments in the rich economies. The paper analyses the long-term equilibrium of the growth model, both in terms of existence of steady states of the system of differential equations and in terms of the stability of a non-trivial steady state. What is more economic characteristics of the point of the long-term equilibrium of the model are examined, model parameters are calibrated and growth paths of basic macroeconomic variables in selected variants of numerical simulations are presented.
Źródło:
Economics and Business Review; 2016, 2(16), 3; 32-56
2392-1641
Pojawia się w:
Economics and Business Review
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Electricity consumption and economic growth : a var model for the new economy of Pakistan
Autorzy:
Kumar, Mukesh
Begam, Azeema
Nargis, -
Powiązania:
https://bibliotekanauki.pl/articles/1203402.pdf
Data publikacji:
2019
Wydawca:
Instytut Polityki Energetycznej im. Ignacego Łukasiewicza
Tematy:
Electricity Consumption
Economic Growth
CPEC
VAR Model
Opis:
The economy of Pakistan had always been plunged due to its severe electricity shortages over the last two decades and persistently faces challenges in revamping its electricity supply network. The China Pakistan Economic Corridor (CPEC) is considered as a productive shock which has opened up new avenues for the energy sector in Pakistan. This study is an endeavor to incorporate the impact of such shock in the production function and to revisit the dynamics between electricity consumption and economic growth (ECEG) in the new economy of Pakistan for the time span of 1971-2018. The study has employed Vector Autoregression (VAR) model, including capital formation, labor participation, openness of the economy and financial development. The findings of the study affirmed the neutrality hypothesis while cointegration estimates jagged long run effectiveness for ECEG nexus. Keeping in view the internal and external bottlenecks, it is thus recommended to revise the ECEG model for the new economy of Pakistan keeping in view the revival of industrial sector removing the inefficiencies of the power sector.
Źródło:
Energy Policy Studies; 2019, 1 (3); 17-40
2545-0859
Pojawia się w:
Energy Policy Studies
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Impact of technological progress on economic growth in developed countries. Accounting for model uncertainty and reverse causality
Autorzy:
Kyzy, Aigerim Anvarbek
Powiązania:
https://bibliotekanauki.pl/articles/2049830.pdf
Data publikacji:
2020
Wydawca:
Uczelnia Łazarskiego. Oficyna Wydawnicza
Tematy:
innovation
technology
economic growth
R&D
patent
Opis:
The aim of this paper is to analyse the relationship between the determinants of technological innovation and economic growth. Moreover, it is aimed at examining whether expenditures on R&D variable has a stronger impact on economic growth, comparing to other determinants of technological development. The primary reason to choose the topic is that we are living in a century of notable technological change and investigating the relationship between technology progress and economic development is the way to find new methods of accelerating economic growth. The literature on this topic is extremely rich and many authors claim that the main driver of long-term economic growth is technological innovation. Furthermore, over the previous fifty years, a key financial finding has been that technological progress is crucial to long-term economic growth. This paper uses panel data for 19 developed countries over the period of 45 years (1973–2017) to examine the effect of such variables as expenditures on R&D, panel applications and R&D personnel on GDP per capita. The paper uses panel Bayesian Model Averaging under weak exogeneity. The results obtained show that all three indicators of technological innovation have a positive impact on per capita GDP and that expenditures on R&D have the strongest effect on economic growth.
Źródło:
Myśl Ekonomiczna i Polityczna; 2020, 1(68); 56-105
2081-5913
2545-0964
Pojawia się w:
Myśl Ekonomiczna i Polityczna
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
EXPORT DIVERSIFICATION AND ECONOMIC GROWTH IN TRANSITION: LESSONS FROM THE 2008 FINANCIAL CRISIS IN CEE
Autorzy:
Gurgul, Henryk
Lach, Lukasz
Powiązania:
https://bibliotekanauki.pl/articles/453116.pdf
Data publikacji:
2013
Wydawca:
Szkoła Główna Gospodarstwa Wiejskiego w Warszawie. Katedra Ekonometrii i Statystyki
Tematy:
export diversification
economic growth
CEE transition economies
Opis:
This paper examines the role of export diversification for economic growth in CEE transition economies. The results prove that before the outbreak of 2008 financial crisis export specialization rather than diversification was an important growth factor, especially in those countries which followed more specialized export patterns. However, after the outbreak of the crisis the direction of this causal link changed essentially. All three main aspects of export diversification turned out to play a significant role in reducing the growth slowdown effects of the 2008 financial crisis.
Źródło:
Metody Ilościowe w Badaniach Ekonomicznych; 2013, 14, 1; 137-149
2082-792X
Pojawia się w:
Metody Ilościowe w Badaniach Ekonomicznych
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Evaluation of interaction between chosen indicators of development of regions in Ukraine
Autorzy:
Horská, Elena
Moroz, Serhiy
Poláková, Zuzana
Nagyová, Ľudmila
Paska, Ihor
Powiązania:
https://bibliotekanauki.pl/articles/22446414.pdf
Data publikacji:
2019
Wydawca:
Instytut Badań Gospodarczych
Tematy:
regional development
regional economics
economic growth
Ukraine
Opis:
Research background: In recent years, special attention has been given to the research direction regarding the study of economic, social, and demographic aspects of regional development. This direction is especially important for transition countries, including Ukraine. Despite that, there is a lack of research studies in which interdependencies of economic and demographic indicators of Ukraine?s regions are investigated. Purpose of the article: The paper assesses the relationships between the selected indicators of Ukrainian regions (export of goods per capita, foreign direct investment per capita, and the average resident population) and gross regional product per capita. Methods: Research results were compared in the periods before and during the military conflict in the eastern part of the country, based on regional data for 2010 and 2015. We used a multiple linear econometric model and tested multicollinearity. Findings & Value added: The analysis confirms that there is a positive correlation between export of goods and gross regional product and between foreign direct investment and gross regional product. That is why it is necessary to pay attention to the effective use of existing trade opportunities, especially within the framework of the Ukraine ? EU Association Agreement, and to elaborate directions for further expansion of export activities. It is important to provide simpler and more understandable conditions in order to attract foreign investments in Ukrainian regions. Our study also shows that there is no influence of the average resident population on gross regional product. In many aspects, the interaction between demographic and economic components takes place through the labour market. This situation indicates that insufficient attention is given to regional employment issues, and the quantitative and structural imbalance is observed on the labour market at the regional level. In our opinion, to improve the situation, targeted activities should be elaborated on in the frame of regional development programmes.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2019, 14, 2; 341-357
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Influence of the Capital Market on Economic Growth in the USA
Autorzy:
Czupryn, Rafał
Wójtowicz, Łukasz
Powiązania:
https://bibliotekanauki.pl/articles/17839947.pdf
Data publikacji:
2021
Wydawca:
Instytut Naukowo-Wydawniczy "SPATIUM"
Tematy:
capital market
economic growth
OLS
GARCH
GRETL
Opis:
This article analyzes the impact of the capital market on economic growth in the US with the use of annual data. The study covers the years 1975-2019. As part of the analysis, the construction and estimation of an econometric model was made using the GRETL program. The obtained results confirmed the statistically significant influence of the capital market on the economic growth in the USA.
Źródło:
Central European Review of Economics & Finance; 2021, 35, 4; 5-14
2082-8500
2083-4314
Pojawia się w:
Central European Review of Economics & Finance
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Energy consumption and economic growth linkage: Global evidence from symmetric and asymmetric simulations
Autorzy:
Ali, Wajid
Nathaniel, Solomon Prince
Adekunle, Ibrahim Ayodaye
Kumar, Bezon
Powiązania:
https://bibliotekanauki.pl/articles/15803490.pdf
Data publikacji:
2022-06-30
Wydawca:
Uniwersytet im. Adama Mickiewicza w Poznaniu
Tematy:
energy consumption
economic growth
NARDL
co-integration
Opis:
The literature reveals that linear models do not accurately represent the asymmetric relationship between economic growth and energy consumption (EC). To fill this gap, we examined the asymmetric relationship between EC and economic growth in a non-linear panel autoregressive distributed lag (ARDL) framework of 85 countries as a whole sample and of Brazil, Russia, India, China, and South Africa (BRICS), the Next Eleven, Big Four in Western Europe, Asia-Pacific region, Group of Seven, South Asian Association for Regional Cooperation (SAARC), Economic Cooperation Organization (ECO) and the Arab League as a sub-sample analysis from 1977 to 2014. A second generational unit root test has been applied to check the problem of cross-sectional dependency. Asymmetric contegration was employed to analyse the co-integration between the variables of interest. Long-run and short-run estimates have been calculated using the non-linear panel ARDL method. Results indicate that positive shocks to energy use tend to have a growth-enhancing effect in ECO and the Next Eleven while in the rest of the regions, the effect is growth con- traction. Moreover, economic recovery from a positive shock to energy use is the case in the Arab League, Asia-Pacific region, Group of Seven and in the whole sample. However, a negative shock to EC is observed in the Group of Seven, Asia Pacific region, Big Four in Western Europe and ECO, and the whole sample worsens the economic contraction. We can deduct from this study’s results that information on the asymmetric relationship between the subject variables is needed to design sound economic policy decisions across different economic regions.
Źródło:
Quaestiones Geographicae; 2022, 41, 2; 67-82
0137-477X
2081-6383
Pojawia się w:
Quaestiones Geographicae
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The impact of the capital market on economic growth in Luxembourg
Autorzy:
Wójtowicz, Łukasz
Czupryn, Rafał
Powiązania:
https://bibliotekanauki.pl/articles/30116472.pdf
Data publikacji:
2023
Wydawca:
Instytut Naukowo-Wydawniczy "SPATIUM"
Tematy:
GRETL
GARCH
OLS
economic growth
capital market
Opis:
In this article, a detailed analysis of the impact of capital markets on economic growth in Luxembourg is presented, utilizing annual economic data. The study spanned from 1975 to 2020. As part of the analysis, an econometric model was constructed and estimated using the GRETL software. The results obtained confirm that the capital market has a statistically significant impact on Luxembourg's economic development. This research provides new insights into the role of capital markets in shaping economic growth dynamics, which is crucial for understanding the economic mechanisms in small, open economies like Luxembourg.
Źródło:
Central European Review of Economics & Finance; 2023, 44, 3; 175-185
2082-8500
2083-4314
Pojawia się w:
Central European Review of Economics & Finance
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Growth and Well-Being, Economic and Human
Autorzy:
Stikkers, Kenneth W.
Powiązania:
https://bibliotekanauki.pl/articles/451329.pdf
Data publikacji:
2017-12-15
Wydawca:
Uniwersytet Warszawski. Wydział Filozofii
Tematy:
economic anthropology
economic growth
homo economicus
Adam Smith
enclosure
Opis:
Growth and Well-Being, Economic and Human
Źródło:
Eidos. A Journal for Philosophy of Culture; 2017, 1, 2; 54-67
2544-302X
Pojawia się w:
Eidos. A Journal for Philosophy of Culture
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Macroeconomic factors of economic growth in the European Union in 2000-2016: A multidimensional analysis
Autorzy:
Batóg, Jacek
Batóg, Barbara
Powiązania:
https://bibliotekanauki.pl/articles/424879.pdf
Data publikacji:
2019
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
economic growth
discriminant analysis
the European Union
economic crisis
Opis:
The creation of an effective growth policy requires the identification of its key determinants. The study used one of the methods of multidimensional analysis – discriminant analysis. It is widely used on a microeconomic scale, especially in the area of forecasting bankruptcy of enterprises, but in the area of economic growth, it has not been used in practice so far. In addition to the main objective of identifying the most important economic growth factors of the European Union countries in 2000- 2016, the impact of the crisis and accession to the EU was examined. The statistical data sources were the databases of Eurostat and the Conference Board (Total Economy Database). The results obtained allowed us to conclude that the rate of Gross Domestic Product growth in the EU countries was determined by consumption, investment, export and labour productivity, and in periods of economic slowdown also public debt. The enlargement of the EU resulted in an increase in the importance of export.
Źródło:
Econometrics. Ekonometria. Advances in Applied Data Analytics; 2019, 23, 3; 1-14
1507-3866
Pojawia się w:
Econometrics. Ekonometria. Advances in Applied Data Analytics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Ocena poziomu rozwoju gospodarczego i powiązań z zagranicą krajów na przykładzie członków NAFTA
Assessment of economic development and foreign relations as illustrated by the case of NAFTA member states
Autorzy:
Kowalik, Paweł
Powiązania:
https://bibliotekanauki.pl/articles/424961.pdf
Data publikacji:
2015
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
economic growth
economic integration
NAFTA
comparative studies of countries
Opis:
Numerous economic indicators are used for the purpose of research and international comparisons. Most important are Gross Domestic Product (GDP), national income, unemployment rate, inflation rate, foreign trade’s and investments’ share in GDP. Other measures, which are based on GDP, may be used for the economic growth assessment. These are for example economy internationalization, activity level, openness and dependence and international competitiveness. The aim of this paper is to assess the level of economic development and foreign relations of the countries forming the economic group of NAFTA. After a brief introduction to the subject, the manner of calculating the indicators that are used for such an assessment more rarely is described. Then the indicators calculated for the current NAFTA member states are analysed.
Źródło:
Econometrics. Ekonometria. Advances in Applied Data Analytics; 2015, 2 (48)
1507-3866
Pojawia się w:
Econometrics. Ekonometria. Advances in Applied Data Analytics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Kryzys gospodarczy a kryzys rodziny – analizy symulacyjne
Economic Crisis and Family Crisis – Econometric Simulations
Autorzy:
Sztaudynger, Jan Jacek
Zatoń, Wojciech
Powiązania:
https://bibliotekanauki.pl/articles/468856.pdf
Data publikacji:
2010
Wydawca:
Polska Akademia Nauk. Instytut Filozofii i Socjologii PAN
Tematy:
family social capital
marriages
divorces
economic growth
economic crisis
Opis:
In the article we test the hypothesis that the weakening of family ties, as measured by reduction of marriages and a cascade of divorces, caused economic slowdown in Poland. We also suppose (second hypothesis) that the level of economic growth and welfare facilitate life for oneself, make the individuals apart thus limiting the number of marriages and resulting in increasing number of divorces. We verify these hypotheses by using an econometric model of economic growth with social equity of the family. The model consists of 9 equations (5 stochastic and 4 identities) and exhibits the feedback between GDP and some variables representing social capital, marriages disintegration ratio especially. We have run several simulation scenarios changing efficiency of enforcement of penalties, GINI coefficient, marriages disintegration ratio. We also made a forecast for Polish families disintegration in period 2009–2011 assuming different GDP growth. The results confirmed both hypotheses. In further studies we plan to verify the more complex hypothesis of the existence of an optimal GDP growth rate for the disintegration of marriages.
Źródło:
Prakseologia; 2010, 150; 109-128
0079-4872
Pojawia się w:
Prakseologia
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
HOW DOES PUBLIC DEBT AFFECT ECONOMIC GROWTH IN ALBANIA?
Autorzy:
Permeti Cifligu, Eneida
Powiązania:
https://bibliotekanauki.pl/articles/453347.pdf
Data publikacji:
2018
Wydawca:
Szkoła Główna Gospodarstwa Wiejskiego w Warszawie. Katedra Ekonometrii i Statystyki
Tematy:
economic growth
public debt
SVAR methodology
Albania
Opis:
The global recession and the sovereign debt of European countries has triggered an intense debate over the effectiveness of fiscal policy and over the consequences of rising public debt. The purpose of this paper is to determine if there exist a correlation between the public debt and the economic growth in Albania, where the economic growth will be considered as the increase of GDP. The results and the methodologies are different in different countries and periods, as represented by various empirical studies. What is the situation in Albania at about the last 25 years? The SVAR methodology is used for analyzing this relationship. The results indicated that an instantaneous increase in real economic growth might increase the public debt and vice versa.
Źródło:
Metody Ilościowe w Badaniach Ekonomicznych; 2018, 19, 4; 330-338
2082-792X
Pojawia się w:
Metody Ilościowe w Badaniach Ekonomicznych
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Czy wolne i otwarte oprogramowanie może przyczyniać się do wzrostu gospodarczego?
Does Open Source Software influence economic growth?
Autorzy:
Chełkowski, Tadeusz
Powiązania:
https://bibliotekanauki.pl/articles/426035.pdf
Data publikacji:
2015-04-30
Wydawca:
Szkoła Główna Handlowa w Warszawie
Tematy:
Open Source Software
economic growth
property rights
Opis:
Open Source Software (OSS) community is challenging the traditional meaning of property rights. The way the OSS products are developed and distributed is questioning the right to exclude others from using the goods and introduces the right to distribute and modify software for free. The economic impact of the Open Source Software contribution is significant, it has been estimated that it represents c.a. 30% of the software market. There is an increasing interest in studying OSS communities, however there have been a small number of studies investigating the general role of the OSS in the economic growth. Therefore the lack of theory linking the economic growth and OSS contribution represents the main theoretical problem of this paper. The goal of this article is to prove that the existence of OSS communities increases the quantity of non-rival and non-excludable goods, which - according to endogenous model of growth - leads to economic growth. Additionally the study findings undermine the neoclassical theory of property rights in terms of non-rival and non-excludable goods. The structure of the paper is organized as follows. In section 1 the article focuses on the literature addressing the role of the non-rival and non-excludable goods in the theory of growth and theory of property rights. Section 2, contains the literature review of the OSS socio-economic phenomena and argues that the neoclassical theory of rights is inadequate to explain OSS market existence. Section 3 of the paper summarizes the main conclusions and discusses the general motivation behind the creation of the non-excludable and non-rival goods as well as the diminishing role of the egoism as the origin of the economic growth. From the methodological point of view the paper represents a literature review and a critical analysis of the endogenous growth theory and the theory of property rights.
Źródło:
e-mentor. Czasopismo naukowe Szkoły Głównej Handlowej w Warszawie; 2015, 2 (59); 69-75
1731-6758
1731-7428
Pojawia się w:
e-mentor. Czasopismo naukowe Szkoły Głównej Handlowej w Warszawie
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Complementarity of FDI and employment generation in the agriculture sector of Ghana: analysis of recent developments
Autorzy:
Yeboah, Evans
Powiązania:
https://bibliotekanauki.pl/articles/1375638.pdf
Data publikacji:
2020
Wydawca:
Międzynarodowy Instytut Innowacji Nauka – Edukacja – Rozwój w Warszawie
Tematy:
FDI
Agricultural Sector
Employment Generation
Economic Growth
Opis:
Foreign direct investment inflows into Ghana have been a major source of economic growth transformation. Many investing countries aspire to provide Ghana’s economy with new models and direction for development alternatives to foreign aid which will in effect benefit both nations. Given the government’s intention of transforming most agriculture products into finished commodities other than exporting these commodi-ties in their raw states, a new set of incentives and policies to attract investors into the agriculture sector have been initiated. This consists of farming for food provision and employment generation in a bid to moderating the high rate of unemployment aside depending on the normal farming methods. This study sets to investigate the impact of foreign direct investment in the agriculture sector on employment generation. The paper argues that employment created in the agriculture sector was attained through the number of registered projects allocated to various sectors within the Ghanaian economy categorized by the Ghana Investment Promotion Centre. Methodologically, this study utilizes a statistical descriptive approach that backs a summary of the complementary analysis of foreign direct investment inflow quantitatively using data on FDI inflows from 2013 to 2018. The result shows that the percentage share of the total number of registered projects allocated and employment created in the agriculture sector through FDI is very low compared to sectors like the manufacturing and service. It was also discovered that the agriculture sector contribution to the Gross Domestic Product (GDP) in the late 90s weighed much higher than the other sectors and contin-uous decline in the 2000s. It is recommended that investors should enter into the agri-culture sector since there are many benefits. FDI, Agricultural Sector, Employment Generation, Economic Growth
Napływ bezpośrednich inwestycji zagranicznych do Ghany był głównym źródłem transformacji wzrostu gospodarczego. Wiele krajów inwestujących dąży do zapewnienia gospodarce Ghany nowych modeli i kierunków rozwoju, alternatywnych dla pomocy zagranicznej, które w efekcie przyniosą korzyści wszystkim. Biorąc pod uwagę zamiar rządu w kierunku przekształcenia większości produktów rolnych w gotowe towary (inne niż eksport tych towarów w stanie surowym), zainicjowano nowy plan zachęt i polityk mających na celu przyciągnięcie inwestorów do sektora rolnego. Rolnictwo ma zapewniać żywność i tworzenie miejsc pracy dla złagodzenia wysokiego poziomu bezrobocia przy zachowaniu normalnych metod uprawy. Niniejsze badanie ma na celu zbadanie wpływu bezpośrednich inwestycji zagranicznych w sektorze rolnym na tworzenie miejsc pracy. W artykule argumentuje się, że zatrudnienie sektorze rolnym zostało osiągnięte dzięki szeregowi zarejestrowanych projektów przydzielonych różnym sektorom w gospodarce Ghany, sklasyfikowanych przez Ghana Investment Promotion Centre. Metodologicznie w niniejszym badaniu zastosowano statystyczną metodę opisową, która opiera się na streszczeniu uzupełniającej analizy napływu bezpośrednich inwestycji zagranicznych w ujęciu ilościowym, z wykorzystaniem danych dotyczących napływu BIZ w latach 2013–2018. Wyniki pokazują, że procentowy udział w całkowitej liczbie przydzielonych zarejestrowanych projektów i miejsc pracy utworzonych w sektorze rolnym za pośrednictwem bezpośrednich inwestycji zagranicznych jest bardzo niski w porównaniu do sektorów takich jak produkcja i usługi. Ujawniono również, że wkład sektora rolnego w produkt krajowy brutto (PKB) pod koniec lat 90. był znacznie wyższy niż innych sektorów, ale zanotował ciągły spadek w latach 2000-nych. Zaleca się, aby inwestorzy wchodzili do sektora rolnego, ponieważ przynosi to wiele korzyści.
Źródło:
International Journal of New Economics and Social Sciences; 2020, 11(1); 47-60
2450-2146
2451-1064
Pojawia się w:
International Journal of New Economics and Social Sciences
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Role of Foreign Direct Investment in Economic Growth. The Production Function Perspective
Autorzy:
Napiórkowski, Tomasz M
Powiązania:
https://bibliotekanauki.pl/articles/429670.pdf
Data publikacji:
2017
Wydawca:
Uniwersytet w Białymstoku. Wydawnictwo Uniwersytetu w Białymstoku
Tematy:
economic growth
foreign direct investment
absorption path
Opis:
Throughout the studies on the impact of foreign direct investment (FDI) on the economic growth of the host economy, there is a significant heterogeneity in terms of the results; not only between the theory and empirics, but also within empirics itself. The aim of this study is to explain the heterogeneity of results of the previous studies on the benefits of hosting FDI. This work uses the topic-relevant literature to present the key benefits of inward FDI, which are then translated into a mathematical model, which the direct and indirect benefits are derived from and differentiated between. Firstly, this work develops a production function including the key direct and indirect effects of hosting FDI in order to (through the proof of endogenization of FDI) show that a simple inclusion of FDI as the next (usually along with capital and labor) factor of growth may lead to spurious and, therefore, inconsistent results. Secondly, the study introduces the Foreign Direct Investment Benefits Absorption Path, which due to its classification of host economies into four distinctive groups, differentiating between direct and indirect benefits of FDI, and showing their different ways of impacting the host’s economy provides a unique insight into the topic of heterogeneity of results on the impact of hosting FDI. It also provides a blueprint for further research into this topic. Lastly, the Foreign Direct Investment Benefits Absorption Path is used to develop FDI-related strategies aimed at increasing the economic growth of host countries.
Źródło:
Optimum. Economic Studies; 2017, 5(89)
1506-7637
Pojawia się w:
Optimum. Economic Studies
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The European Union as a Global Economic Power
Autorzy:
Mucha-Leszko, Bogumiła
Twarowska, Katarzyna
Powiązania:
https://bibliotekanauki.pl/articles/633049.pdf
Data publikacji:
2016-09-01
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
European Union
economic growth
productivity
global position
Opis:
The aim of this study is to evaluate the EU economic position in 1995–2014 as well as the prospective growth potential in the global dimension up to 2025. The subject of the research is real and projected data including: GDP growth rate, main growth factors (labour, labour productivity and Total Factor Productivity), and their input to GDP growth, as well as data showing public debts and budget deficits. The analysis was conducted for the years 1995–2014 and 2015–2025. The authors' basic conclusions are: 1) the technological and economic gap between the European Union and the United States has been deepening; 2) the increasing polarisation of world economic powers and low GDP growth in the European Union limit the EU’s chances of maintaining the position as the second centre in the world economy; 3) improving the situation in public finances in the European Union as compared to the US is a factor which could raise GDP growth rates in European countries, however, there are countries whose future is in doubt due to the dramatically poor state of public finances, such as Greece, Italy, Portugal or Ireland; 4) economic growth forecasts indicate a deepening of the economic gap between the largest EU countries and the US.
Źródło:
Comparative Economic Research. Central and Eastern Europe; 2016, 19, 3; 27-44
1508-2008
2082-6737
Pojawia się w:
Comparative Economic Research. Central and Eastern Europe
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Wrocław in comparison with other European creative cities
Autorzy:
Dec, Beata
Richards, Greg
Powiązania:
https://bibliotekanauki.pl/articles/584135.pdf
Data publikacji:
2017
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
creative cities
economic growth
Wrocław
Budapest
Prague
Opis:
Cities and metropolises are progressively adopting the concept of the ‘creative city’, in an attempt to differentiate themselves from other cities, and as a remedy for problems of urban development in the postindustrial economy. The creative city combines traditional cultural products, cultural services and heritage with the emerging creative industries such as media, entertainment or architecture. This paper examines how the creative city concept is being developed in Central Europe, analysing Wrocław as an example of the Polish creative city, compared with Budapest, as a Creative City of Design and Prague, as a Creative City of Literature.
Źródło:
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu; 2017, 473; 137-147
1899-3192
Pojawia się w:
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Impact of Institutional Factors on Economic Growth in the United States in the Years 1979–2007
Autorzy:
Kuder, Dorota
Powiązania:
https://bibliotekanauki.pl/articles/489115.pdf
Data publikacji:
2015
Wydawca:
Instytut Badań Gospodarczych
Tematy:
economic growth
new institutional economics
regression function
Opis:
The purpose of this article is to isolate and determine the importance of institutional arrangements in shaping the dynamics of the U.S. GDP in the years 1979–2007. The research hypothesis which has been verified here can be summa-rized as follows: institutions in the U.S. economy have a positive influence on economic growth through a significant impact on improving the business environment. Having regard to the division of the economy into institutional areas: economic system, labor market, financial market, education and R&D, the author selected these institutional factors which indicated that the operation could be important for the process of economic growth in the United States, and then measured the impact in the years 1979–2007. To verify the thesis about the impact of institutions on economic growth the author used one of the most popular tools in this kind of econometric research – the multiple regression analysis. The analysis revealed that during the period of all the analyzed institutional factors it was the proportion of the working population and the degree of unionization that most strongly influenced the economic growth of the United States – an increase in one of these factors was associated with a much more than proportional increase in the rate of the economic growth.
Źródło:
Oeconomia Copernicana; 2015, 6, 1; 137-159
2083-1277
Pojawia się w:
Oeconomia Copernicana
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Аналіз впливу факторів та чинників на економічне зростання в умовах трансформаційній економіці України
The analysis of factors of economic growth in the economy of Ukraine
Autorzy:
Мельнік, О.М.
Powiązania:
https://bibliotekanauki.pl/articles/501421.pdf
Data publikacji:
2012
Wydawca:
Instytut Studiów Międzynarodowych i Edukacji Humanum
Tematy:
factors of economic growth
economy of Ukraine
Opis:
The article defined the essence of economic growth, its basic principles on which it is based, as well as the factors and causes that have an influence on it.
Źródło:
Społeczeństwo i Edukacja. Międzynarodowe Studia Humanistyczne; 2012, 2(10); 473-482
1898-0171
Pojawia się w:
Społeczeństwo i Edukacja. Międzynarodowe Studia Humanistyczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Kapitał ludzki w wybranych modelach wzrostu gospodarczego
Human Capital in Selected Models of Economic Growth
Autorzy:
Jabłoński, Łukasz
Powiązania:
https://bibliotekanauki.pl/articles/574320.pdf
Data publikacji:
2011-02-28
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
economic growth
human capital
neoclassical and endogenous growth models
Opis:
The article focuses on the influence of human capital on the accumulation of physical capital, technological advancement, the development of the national financial system and income disparities in selected models of economic growth. The author also examines the impact of different stages of economic growth and external effects on the accumulation of human capital. The discussion is based on neoclassical and endogenous models of economic growth as well as the findings of empirical studies. The review of economic growth models in terms of the role of human capital shows that the accumulation of this factor of production has a substantial positive influence on the development of the real economy, Jabłoński says. What’s more, the level of economic development has a strong impact on human capital accumulation. As a result, the author concludes, human capital is a driver of economic growth, while economic growth contributes to the development of human capital.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2011, 245, 1-2; 81-103
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Economic openness versus economic growth: a correlation study in long-term and short periods based on a selection of European Union countries
Autorzy:
Machowska-Okrój, Sylwia
Powiązania:
https://bibliotekanauki.pl/articles/969922.pdf
Data publikacji:
2016
Wydawca:
Akademia Ignatianum w Krakowie
Tematy:
Economic growth
economic openness factor
correlation research
positive dependency
Opis:
Objective: The objective of this paper is to show the connection between economic openness with economic growth and attempt to answer the following question: Did the accession to EU had any affect on correlation between economic growth and the economic openness? Research Design & Methods: The research method adopted here was a study of correlation among the variables. Program "Statistica" have been used to study this correalation. Economic growth plays the role of a dependent variable and is estimated according to GDP. An economy’s openness is an independent variable and is estimated by the openness factor calculated using this formula: the sum of exports and imports divided by GDP. Findings: Not all research agrees with the idea of the positive influence of openness in the economy on economic growth. In 2004, the former ‘Eastern Bloc’ countries (Czech Republic, Estonia, Hungary, Lithuania, Latvia, Poland, Slovak Republic, Slovenia) joined the European Union, offering an opportunity to study the effects of accession. Implications & Recommendations: The study has been divided into two phases. The first phase examines the relation between the economic growth rate and the openness factor for the 24 countries which were members of the EU in 2004. The results show a positive correlation between the studied variables. Afterwards, each of the eight listed countries were researched concerning two time periods: the first from before their accession to the EU and the second after their accession to the EU. Correlation research does not satisfactorily settle this aspect. In the second phase of the study, a longer time horizon was allowed and the former Eastern Bloc countries were researched again. The results were explicit and credible. A positive and statistically substantial correlation for the researched countries was achieved. Contribution & Value Added: On the basis of the conducted research the following conclusions were drawn.An analysis of the correlation between economic growth and economic openness shows a positive dependency with the following assumptions: the researched group consists of the 24 EU countries in 2004 and the research is done within the 2004-2015 period.The twice-run correlation research for the time periods 1995-2004 and 2004-2015 respectively and for the eight selected countries does not present explicit results. Consequently, it cannot be concluded that accession to the EU has positively influenced the correlation between economic growth and economic openness.The correlation research for 1995-2015 and the eight selected countries do confirm the popularity of the idea of the positive influence of the economic openness on economic growth.
Źródło:
Horyzonty Polityki; 2016, 7, 21; 141-165
2082-5897
Pojawia się w:
Horyzonty Polityki
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Oscillations in a Growth Model with Capital, Technology and Environment with Exogenous Shocks
Autorzy:
Zhang, Wei-Bin
Powiązania:
https://bibliotekanauki.pl/articles/1036569.pdf
Data publikacji:
2015
Wydawca:
Academicus. International Scientific Journal publishing house
Tematy:
perturbations
economic oscillations
economic growth
technological change
wealth accumulation
Opis:
This paper generalizes the dynamic growth model with wealth accumulation, technological change and environmental change by Zhang (2012) by making all the parameters as time-dependent parameters. The model treats physical capital accumulation, knowledge creation and utilization, and environmental change as endogenous variables. It synthesizes the basic ideas of the neoclassical growth theory, Arrow’s learning-by-doing model and the traditional dynamic models of environmental change within a comprehensive framework. The behavior of the household is described with an alternative approach to household behavior. We simulated the model to demonstrate existence of equilibrium points, motion of the dynamic system, and oscillations due to different exogenous shocks.
Źródło:
Academicus International Scientific Journal; 2015, 12; 73-93
2079-3715
2309-1088
Pojawia się w:
Academicus International Scientific Journal
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Innovation in economic theory and the development of economic thought
Innowacje w teorii ekonomii i rozwoju myśli ekonomicznej
Autorzy:
Lemanowicz, M.
Powiązania:
https://bibliotekanauki.pl/articles/38228.pdf
Data publikacji:
2015
Wydawca:
Szkoła Główna Gospodarstwa Wiejskiego w Warszawie. Wydawnictwo Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie
Tematy:
innovation
economic theory
economic development
economic thought
economic growth
economic model
Źródło:
Acta Scientiarum Polonorum. Oeconomia; 2015, 14, 4
1644-0757
Pojawia się w:
Acta Scientiarum Polonorum. Oeconomia
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Nowe modele wzrostu gospodarczego a paradygmat zrównoważonego rozwoju
New Models of Economic Growth and Paradigm of Sustainable Development
Autorzy:
Kuder, Dorota
Powiązania:
https://bibliotekanauki.pl/articles/549145.pdf
Data publikacji:
2014
Wydawca:
Uniwersytet Rzeszowski. Wydawnictwo Uniwersytetu Rzeszowskiego
Tematy:
wzrost gospodarczy
zrównoważony rozwój
economic growth
sustainable development
Opis:
Współcześnie dodatni wzrost gospodarczy kojarzony jest z pogorszeniem się stanu środowi-ska naturalnego (przykładem może być nadmierna emisja CO2), a dodatkowo przyczynia się on do gwałtownego wyczerpywania się nieodnawialnych zasobów energii. Możliwe jest oczywiście odnoszenie jakości środowiska naturalnego, realizowane poprzez ograniczanie szkodliwego wpływu produkcji i konsumpcji na stan środowiska i poprzez ochronę zasobów przyrodniczych, dotyczy to jednak krajów rozwiniętych. Przedmiotem artykułu jest analiza tych nowoczesnych teorii wzrostu gospodarczego, w któ-rych możliwe jest uwzględnienie problemu ochrony środowiska. Opracowanie przedstawia próbę włą-czenia paradygmatu zrównoważonego rozwoju do modelu wzrostu gospodarczego, a dokładniej celem badawczym jest znalezienie odpowiedzi na pytanie, w jaki sposób endogeniczne innowacje i zmiana warunków technologicznych godzą cele zrównoważonego wzrostu gospodarczego z ograniczeniami w dostępności zasobów naturalnych lub potrzebą ochrony środowiska naturalnego? Pierwsza część pracy skupia się na pojęciu wzrostu gospodarczego, jego determinantach oraz na klasyfikacji modeli wzrostu. Druga część opracowania ma na celu wprowadzenie problemu ograniczonych zasobów naturalnych do modelu AK, a następnie w trzeciej części – do modelu wzrostu opartego na schumpeteriańskiej teorii wzrostu gospodarczego. Przeprowadzona analiza dowodzi, że model AK nie wyjaśnia dodatniego długookresowego wzrostu w sytuacji, kiedy pro-dukcja opiera się na ograniczonych zasobach, natomiast w schumpeteriańskim modelu wzrostu gospodarczego zrównoważony wzrost może występować w gospodarce o endogenicznych inno-wacjach. Artykuł ma charakter teoretyczny.
Recently, positive economic growth is associated with the deterioration of the environment (an example might be excessive CO2 emissions), and additionally contributes to the rapid deple-tion of non-renewable energy resources. It is possible to relate the quality of the environment, implemented by limiting the harmful effects of production and consumption on the environment and through the protection of natural resource, however, this applies to developed countries. The article is an analysis of the modern theory of economic growth, in which it is possible to address the issue of environmental protection. The paper presents an attempt to integrate the para-digm of sustainable development model of economic growth, and the research purpose is to find an answer to the question of how endogenous innovation and technological change in the terms reconcile the objectives of sustainable economic growth with limitations in the availability of natural resources or the need to protect the environment? The first part of the work is focused on the concept of economic growth, its determinants and classification of growth models. The second part of the paper is to introduce the problem of limited resources for model AK, then the same has been applied in the growth model based on the theory of schupeterian economic growth in the third part of the article. The analysis shows that the AK model does not explain the positive long-term growth at a time when production is based on lim-ited resources, while in schumpeterian growth model the sustainable growth can occur in an econ-omy with endogenous innovation. The nature of the paper is theoretical.
Źródło:
Nierówności Społeczne a Wzrost Gospodarczy; 2014, 38; 27-39
1898-5084
2658-0780
Pojawia się w:
Nierówności Społeczne a Wzrost Gospodarczy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Czy wzrost gospodarczy w Polsce w latach 2005 -2015 był korzystny dla ubogich?
Did Economic Growth Benefit the Poor in Poland from 2005 to 2015?
Autorzy:
Panek, Tomasz
Powiązania:
https://bibliotekanauki.pl/articles/575379.pdf
Data publikacji:
2019-06-24
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
ubóstwo
wzrost ekonomiczny
nierówności
economic growth
poverty
inequality
Opis:
Poland’s economic growth accelerated strongly after the country became a member of the European Union in 2004. The average 10-year GDP growth rate has since exceeded 4 percent. Rapid economic growth has been accompanied by rising real household incomes. However, not all social groups have benefited equally from this growth. This article attempts to answer the question whether poor people in Poland have benefited more or less than the non-poor from rapid GDP growth and increasing real incomes. In the theoretical part of the article, pro-poor growth is defined. In the next step, various approaches to the analysis of the nature of growth and the basic measures of pro-poor growth are presented. In addition, the main advantages and limitations are discussed, and some modifications are proposed. In the empirical part of the article, the hypothesis is verified of whether economic growth in Poland was pro-poor from 2005 to 2015. The analyses are based on panel data taken from the Social Diagnosis (DS) study. The results of empirical analyses indicate that economic growth in Poland from 2005 to 2015 was generally favourable for the poor.
Po przystąpieniu Polski do Unii Europejskiej w 2004 r. wzrost gospodarczy znacznie przyspieszył a średnie tempo wzrostu PKB w przeciągu 10 lat wyniosło przeszło 4 proc. Szybkiemu wzrostowi gospodarczemu towarzyszył wzrost dochodów realnych gospodarstw domowych. Jednakże nie wszystkie grupy społeczne w równym stopniu skorzystały z tego wzrostu. W artykule podjęto próbę odpowiedzi na pytanie czy ze wzrostu gospodarczego skorzystali w większym stopniu ubodzy czy też nieubodzy. Innymi słowy czy wzrost gospodarczy był sprzyjający ubogim czy też nieubogim. W części teoretycznej opracowania dokonano uporządkowania definicji wzrostu sprzyjającego. W kolejnym kroku zostały przedstawione różne podejścia do analizy charakteru wzrostu oraz podstawowe miary wzrostu sprzyjającego ubogim. Obok prezentacji teoretycznych podstaw konstrukcji tych miar omówiono ich podstawowe zalety i ograniczenia oraz zaproponowano pewne ich modyfikacje. W części empirycznej opracowania dokonano weryfikacji hipotezy czy wzrost gospodarczy w Polsce w latach 2005-2015 był sprzyjający ubogim, stosując wcześniej przedstawione metody oceny charakteru wzrostu. Podstawą przeprowadzonych analiz charakteru wzrostu w Polsce są dane panelowe z badania Diagnoza Społeczna (DS) realizowanego przez Radę Monitoringu Społecznego. Wyniki przeprowadzonych analiz empirycznych wskazują, że generalnie wzrost gospodarczy w Polsce był w latach 2005-2015 wzrostem sprzyjającym ubogim.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2019, 298, 2; 5-39
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
ON THE USE OF PANEL STATIONARITY TESTS IN CONVERGENCE ANALYSIS: EMPIRICAL EVIDENCE FOR THE EU COUNTRIES
Autorzy:
Próchniak, Mariusz
Witkowski, Bartosz
Powiązania:
https://bibliotekanauki.pl/articles/517309.pdf
Data publikacji:
2016
Wydawca:
Instytut Badań Gospodarczych
Tematy:
economic growth
convergence
catching up
stationarity
ADF test
Opis:
The study examines the concept of stochastic convergence in the EU28 countries over the 1994–2013 period. The convergence of individual countries’ GDP per capita towards the EU28 average per capita income level and the pair-wise convergence between the GDP of individual countries are both analyzed. Additionally, we introduce our own concept of conditional stochastic convergence which is based on adjusted GDP per capita series in order to account for the impact of other growth factors on GDP. The analysis is based on time series techniques. To assess stationarity, ADF tests are used. The study shows that the process of stochastic convergence in the EU countries is not as widespread as the cross-sectional studies on b or s convergence indicate. Even if we extend the analysis to examine conditional stochastic convergence, the number of converging economies or pairs of countries rises, but not as much as it could be expected from the cross-sectional studies.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2016, 11, 1; 77-96
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Wpływ korupcji na przedsiębiorczość
The Impact of Corruption on Domestic Economic Activity
Autorzy:
Pluskota, Anna Maria
Powiązania:
https://bibliotekanauki.pl/articles/657766.pdf
Data publikacji:
2018
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
korupcja
przedsiębiorczość
wzrost gospodarczy
corruption
entrepreneurship
economic growth
Opis:
The purpose of this article is to analyze the impact of corruption on entrepreneurship. The relationship between corruption and entrepreneurship is undoubtedly observed, but its characterization in literature (mainly foreign) is poor. The following article is an attempt to describe the most important correlations between corruption and entrepreneurship and the functioning of companies under the conditions of corrupt officials. The study was carried out by analyzing available literaturę as well as the available data to construct econometric models verifying the hypothesis of a nonlinear (concave) relationship between corruption and entrepreneurship. The study was conducted on data collected for 28 European countries. On the basis of the analysis of literature and econometric studies it was found that the relationship between corruption and entrepreneurship is nonlinear (concave). The best result was obtained for a model with logarithm of the corruption index, which was characterized by better values of selected statistics. An interesting description of the analysis made is a structured description of the relationship between corruption and entrepreneurship, which was assessed in each case. On the basis of literature analysis, the characteristics of the concave relationship between corruption and entrepreneurship are described, which points to the diminishing benefits of combating corruption for economic development.
Celem artykułu jest analiza wpływu korupcji na wybraną miarę przedsiębiorczości. Relacja między korupcją a przedsiębiorczością jest bezsprzeczna, lecz jej charakterystyka w literaturze (głównie zagranicznej) jest uboga. Poniższy artykuł stanowi próbę opisania najważniejszych zależności między korupcją a przedsiębiorczością i funkcjonowaniem przedsiębiorstw w warunkach skorumpowania urzędników. Badanie przeprowadzono za pomocą analizy dostępnej literatury, wykorzystano również dostępne dane do zbudowania modeli ekonometrycznych weryfikujących postawioną hipotezę badawczą o nieliniowej zależności między korupcją a przedsiębiorczością. Badanie przeprowadzono na danych zebranych dla 28 państw europejskich. Na podstawie przeprowadzonej analizy literatury i badań ekonometrycznych stwierdzono, że zależność między miernikami korupcji a przedsiębiorczością jest nieliniowa. Najlepsze wyniki uzyskano dla modelu z logarytmem wskaźnika korupcji, który cechował się lepszymi wartościami wybranych statystyk. Wartość przeprowadzonych analiz stanowi uporządkowany opis zależności między korupcją a przedsiębiorczością, który każdorazowo był oceniany. Na podstawie analizy literatury opisano charakterystykę wklęsłej relacji między korupcją a przedsiębiorczością, która wskazuje na malejące korzyści wynikające ze zwalczania korupcji dla rozwoju gospodarczego.
Źródło:
Acta Universitatis Lodziensis. Folia Oeconomica; 2018, 2, 334
0208-6018
2353-7663
Pojawia się w:
Acta Universitatis Lodziensis. Folia Oeconomica
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Financial Markets and Economic Growth in Poland: Simulations with an Econometric Model
Rynki finansowe a wzrost gospodarczy w Polsce: analiza symulacyjna w oparciu o model ekonometryczny
Autorzy:
Wdowiński, Piotr
Powiązania:
https://bibliotekanauki.pl/articles/907294.pdf
Data publikacji:
2005
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
financial market
economic growth
econometric model
simulation
Polska
Opis:
W artykule przedstawiliśmy analizę symulacyjną rozwoju gospodarki Polski w oparciu o kwartalny model ekonometryczny. Model ten składa się z 22 równań stochastycznych, które opisują związki rynku finansowego z sektorem realnym gospodarki. Celem badania jest zaprezentowanie wpływu zmian krajowych i zagranicznych stóp procentowych oraz kursu walutowego EUR/USD na wzrost gospodarczy w Polsce w okresie Q2, 1993-Q2, 2003.
In this paper we present simulations of economic performance of the Polish economy based on a quarterly econometric model. The model consists of 22 stochastic equations which link the financial market with the real economy. The purpose of the research is to present effects o f changes to domestic and foreign interest rates and the EUR/USD exchange rate on economic growth in Poland over the period Q2, 1993 - Q2, 2003.
Źródło:
Acta Universitatis Lodziensis. Folia Oeconomica; 2005, 192
0208-6018
2353-7663
Pojawia się w:
Acta Universitatis Lodziensis. Folia Oeconomica
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Health, agricultural expenditure and economic growth in Nigeria: ARDL and ECM approach
Autorzy:
Omotayo, Olayemi Henry
Ayomitunde, Aderemi Timothy
Afolakemi, Adeagbo Olayinka
Aromoke, Olajide Olufunmilayo
Powiązania:
https://bibliotekanauki.pl/articles/1375438.pdf
Data publikacji:
2019
Wydawca:
Międzynarodowy Instytut Innowacji Nauka – Edukacja – Rozwój w Warszawie
Tematy:
Health
Agriculture
Expenditure
Economic Growth
ARDL and ECM
Opis:
This study examines the short run and long relationship between agricultural expenditure, health expenditure and economic growth in Nigeria. This study was motivated due to the lack of sufficient studies regarding this subject matter in recent times. Consequently, Data were collected from CBN Statistical Bulletin from 1981 to 2016. Relevant pre-estimation tests such as unit root and Bound tests were carried out because all the study variables were integrated of order zero and one. Estimated results from ARDL and ECM models established the existence of a short-run and long-run relationship between the variables of interest in Nigeria. While the error correction model reveals that about 19 percent of total disequilibrium due to external shock in the previous year is corrected in the current year. Therefore, it will take about five (5) years for the system to adjust back to its long-run equilibrium path. Results further showed that there is a significant positive relationship between agricultural expenditure and economic growth in Nigeria. However, there is a significant negative relationship between health expenditure and economic growth in the long run. Finally, policymakers in Nigeria should allocate substantial budget towards health and agricultural sectors in Nigeria. Health; Agriculture; Expenditure; Economic Growth; ARDL and ECM
Niniejszy artykuł analizuje krótko- i długoterminowy związek między wydatkami na rolnictwo, wydatkami na zdrowie a wzrostem gospodarczym w Nigerii. Badanie będące przedmiotem artykułu było motywowane brakiem wystarczających badań dotyczących tego tematu w ostatnim czasie. W związku z tym dane zebrano z Biuletynu Statystycznego CBN od 1981 do 2016 r. Przeprowadzono odpowiednie testy wstępnego oszacowania, takie jak testy pierwiastkowe i powiązane, ponieważ wszystkie zmienne badawcze zostały zintegrowane od zera i jednego rzędu. Szacowane wyniki modeli ARDL i ECM wykazały istnienie krótko- i długoterminowej zależności między zmiennymi. Natomiast model korekcji błędów wykazuje, że około 19 procent całkowitej nierównowagi spowodowanej szokiem zewnętrznym w poprzednim roku jest korygowane w bieżącym roku. Dlatego też przywrócenie systemu do długoterminowej ścieżki równowagi powinno zająć około pięciu lat. Wyniki pokazały również, że istnieje znaczący pozytywny związek między wydatkami rolnymi a wzrostem gospodarczym w Nigerii. Jednak długoterminowo istnieje również znaczący negatywny związek między wydatkami na zdrowie a wzrostem gospodarczym. Wyniki badania, pozwalają na wysunięcie wniosku, że Nigeryjscy decydenci powinni przeznaczyć znaczny budżet na ochronę zdrowia i sektory rolnictwa. zdrowie; rolnictwo; wydatki; rozwój ekonomiczny; ARDL i ECM
Źródło:
International Journal of New Economics and Social Sciences; 2019, 10(2); 127-138
2450-2146
2451-1064
Pojawia się w:
International Journal of New Economics and Social Sciences
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Institutional equilibrium in EU economies in 2008 and 2018: SEM-PLS models
Autorzy:
Borkowski, Mateusz
Powiązania:
https://bibliotekanauki.pl/articles/2107099.pdf
Data publikacji:
2022-06-14
Wydawca:
Główny Urząd Statystyczny
Tematy:
institutional equilibrium
SEM-PLS
economic growth and development
Opis:
The aim of the research is to identify the strength and direction of the development of the relationship between formal and informal institutions and to assess the institutional equilibrium of modern economies. The structural equations modelling based on partial least squares (SEM-PLS) is applied to achieve the purpose of the article. It is an econometric method that allows the measurement and analysis of the dependencies between latent variables (measures that cannot be directly observed). The study included 27 EU economies and the research period covered the years 2008 and 2018. The results of the study demonstrate that the quality of informal institutions strongly, positively determines the quality of formal institutions. The conducted analyses indicate that modern economies are diversified in terms of the quality of informal and formal institutions and, consequently, in institutional equilibrium. Considerable institutional disparities also translate into a large diversification in economic development. The article proposes a different meaning of institutional equilibrium, understood as the achieved state of institutional structure characterised by high quality informal institutions which interact with each other to improve the efficiency of formal institutions. The article presents a comprehensive model of the institutional structure and a unique method of measuring institutional equilibrium.
Źródło:
Statistics in Transition new series; 2022, 23, 2; 107-127
1234-7655
Pojawia się w:
Statistics in Transition new series
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Ocena propozycji zmian w polskim podatku od wartości dodanej
Evaluation of proposals for changes in Polish value added tax
Autorzy:
Adamczyk, Adam
Powiązania:
https://bibliotekanauki.pl/articles/587710.pdf
Data publikacji:
2016
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Efektywność
Sprawiedliwość
VAT
Wzrost
Economic growth
Efficiency
Justice
Opis:
Zgodnie z zaleceniami Komisji Europejskiej oraz OECD Polska powinna zmierzać do rozszerzenia bazy podatkowej w podatku VAT przez likwidację lub ograniczenie stosowania preferencyjnych stawek tego podatku. Zaleceniom tym wychodzą naprzeciw ostatnie propozycje polskich władz, zgodnie z którymi obniżeniu z 23% do 20% ulegnie podstawowa stawka tego podatku przy jednoczesnej likwidacji stawki 8%. Celem artykułu jest zaprezentowanie ewentualnych konsekwencji takich zmian, a w szczególności skutków gospodarczych, fiskalnych oraz zmian w strukturze obciążenia podatkiem VAT ludności.
According to the recommendations of the European Commission and the OECD Poland should aim to broaden the tax base of VAT by eliminating or limiting the application of preferential tax rates. In reference to these recommendations Polish authorities propose the cut of basic VAT rate from 23% to 20% and the liquidation of 8% preferential VAT rate. The aim of the article is to present the economical, fiscal and social consequences of such changes.
Źródło:
Studia Ekonomiczne; 2016, 273; 7-18
2083-8611
Pojawia się w:
Studia Ekonomiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
An analysis of causal relationship between economic growth and financial development for Turkey: A MODWT-Granger causality test
Autorzy:
Abar, Hayri
Powiązania:
https://bibliotekanauki.pl/articles/2131143.pdf
Data publikacji:
2022-10-07
Wydawca:
Uniwersytet Ekonomiczny w Poznaniu
Tematy:
economic growth
Granger causality
wavelet transform
financial development
Opis:
This study aims to investigate the relationship between financial development and economic growth in different time horizons for Turkey. In this study an ensemble of wavelet analysis and Granger causality test were used. PSC was used to represent financial development and GDP was used to represent growth. The annual data used are for the period 1961–2018. The result obtained for a one year period shows that the demand-following hypothesis is valid for Turkey. Financial development is the Granger cause of growth and positively affects growth. The financial sector should be supported for growth in the short term. While there is no causal relationship for the 2–4 year period, bidirectional causality relationships were determined for the periods of 4–8 years, 8–16 years and 16–32 years. Because variables are a Granger cause of each other and affect each other in a positive direction supporting the financial sector is a preferable policy when the purpose is to achieve growth in the long run.
Źródło:
Economics and Business Review; 2022, 8, 3; 59-81
2392-1641
Pojawia się w:
Economics and Business Review
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Konsumpcja a wzrost gospodarczy w Polsce. W cieniu globalnego kryzysu gospodarczego
Consumption and economic growth in Poland. In the shadow of the global economic crisis
Autorzy:
Śleszyńska-Świderska, Anna
Powiązania:
https://bibliotekanauki.pl/articles/548435.pdf
Data publikacji:
2014
Wydawca:
Uniwersytet Rzeszowski. Wydawnictwo Uniwersytetu Rzeszowskiego
Tematy:
konsumpcja
wzrost gospodarczy
kryzys gospodarczy
consumption
economic growth
economic crisis
Opis:
Głównym celem niniejszego artykułu jest zbadanie współzależności pomiędzy konsumpcją a wzrostem gospodarczym w świetle globalnego kryzysu gospodarczego. Okres analizy obejmuje generalnie lata 2005–2012. W niektórych sytuacjach okres badania obejmuje także kilka lat przed rokiem 2005. Tam gdzie było to możliwe wykorzystano również dane z pierwszych kwartałów roku 2013. Aczkolwiek badaną kwestię z wykorzystaniem wskaźników makroekonomicznych analizo-wać można w dłuższym okresie, na przykład od roku 1995, co daje praktycznie dwa cykle gospodarcze, to jednak zamierzeniem autora nie jest analiza współzależności pomiędzy konsumpcją i wzrostem gospodarczym w ogóle, ale właśnie w warunkach globalnego kryzysu gospodarczego. Realizacja tego celu jest możliwa dzięki osiągnięciu celów cząstkowych, którymi są: analiza kształtowania się wzrostu gospodarczego i konsumpcji w Polsce w latach 2005–2012 oraz zbadanie ich korelacji w latach 2006–2012. W badaniu wykorzystano studia literaturowe, analizę statystyczną i metodę dedukcji. Ostatnie kilka lat w Polsce, poczynając od roku 2007, to okres turbulencji gospodarczych bę-dących konsekwencją trwającego kryzysu gospodarczego na świecie. Dynamika wzrostu gospo-darczego w tym czasie słabnie, co znajduje wyraz m.in. w zmianach konsumpcji. Pomimo że konsumpcja ulega ograniczeniu, nie pogłębia się istotnie istniejące już i tak jej zróżnicowanie. Uwidacznia to analiza konsumpcji w poszczególnych grupach społeczno-ekonomicznych gospo-darstw domowych oraz w ujęciu przestrzennym. Wynika z niej, że pomiędzy poszczególnymi grupami gospodarstw domowych i województwami w Polsce występują znaczne różnice w tym zakresie. Chociaż w warunkach stabilności gospodarczej wzrost gospodarczy niezaprzeczalnie pozytywnie i z dużą siłą wpływa na wzrost konsumpcji, to jednak w warunkach kryzysu, spowolniony, aczkolwiek dodatni wzrost gospodarczy nie przekłada się na wzrost wydatków konsumpcyjnych.
The main purpose of this article is to investigate the correlation between consumption and eco-nomic growth in the light of the global economic crisis. The period of analysis generally includes the years 2005 to 2012. In some cases, the study period also includes several years before 2005. Where this was possible data from the first quarter of 2013 were also used. Although examining the issue by using macroeconomic indicators can be analyzed over a longer period, for example, since 1995, giving practi-cally two business cycles, it is not the intention of the author to analyze the correlation between con-sumption and increase economic as such, but during the global economic crisis. This objective is achieved by partial achievement of objectives, which are: analysis of the evolution of economic growth and consumption in Poland in the years 2005–2012 and investigation of their correlation in 2006–2012. Literature studies, statistical analysis and the method of deduction have been used. The last few years in Poland, starting from 2007, is a period of economic turbulence as a conse-quence of the ongoing economic crisis in the world. The dynamics of economic growth in this period is weakening, which is reflected for example in consumer spending. Although the consump-tion is reduced, but it’s already existing diversity is not enlarging. The analysis of consumption in different socio-economic groups of households and in spatial terms shows that there are significant disparities between different groups of households and provinces in Poland in this respect. Alt-hough in terms of economic stability, economic growth undeniably has a positive and strong im-pact on the consumption growth, in conditions of crisis, slowed-down (although positive) econom-ic growth does not reflect consumer spending.
Źródło:
Nierówności Społeczne a Wzrost Gospodarczy; 2014, 38; 352-364
1898-5084
2658-0780
Pojawia się w:
Nierówności Społeczne a Wzrost Gospodarczy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Impact of Economic Inertia on Economics: a Methodological Framework
Autorzy:
Navickas, Valentinas
Bačiulienė, Vaida
Powiązania:
https://bibliotekanauki.pl/articles/2162512.pdf
Data publikacji:
2021
Wydawca:
Politechnika Częstochowska
Tematy:
economic inertia
macroeconomic factors
methodology
sustainable economic growth
sustainable economic development
Opis:
The article is devoted to the phenomenon of economic inertia. The authors of the study conducted sufficiently detailed research of economic inertia, on the basis of which the damage to the economy from various economic reforms or economic shocks can be revealed in a timely manner. as Additionally, guidelines can be outlined for further economic growth and sustainable economic development. In their in-depth research on the concept of economic inertia, the authors introduced into usage and employed new concepts of certainty, uncertainty, insufficiency and the redundancy of economic inertia. The authors delineated out as many as four levels of complexity of economic inertia uncertainty. The empirical research is based on a model of the impact of subsidies on the economy. The research model demonstrates that the use of subsidies decreases the market equi-librium price. Innovative companies lose motivation to pursue sustainable economic growth and ensure competitiveness. In this case, the phenomenon of economic inertia is obvious and deprives businesses of the incentives to use innovation to ensure eco-nomic growth. Thus, subsidies as a system of stimulus and rescue in the strategic as-pect of increasing competitiveness have negative effects on the country's economy.
Źródło:
Zeszyty Naukowe Politechniki Częstochowskiej. Zarządzanie; 2021, 44; 46-53
2083-1560
Pojawia się w:
Zeszyty Naukowe Politechniki Częstochowskiej. Zarządzanie
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Ewolucja teorii ekonomii rozwoju w XX wieku: od kategorii wzrostu gospodarczego do koncepcji zrównoważonego rozwoju
Autorzy:
Zadroga, Adam
Powiązania:
https://bibliotekanauki.pl/articles/630023.pdf
Data publikacji:
2016
Wydawca:
Szkoła Główna Handlowa w Warszawie
Tematy:
History of economic thought, Development economist, Economic growth, Social economic development, Sustainable development
Opis:
The article addresses the economic theories that have arisen on the basis of development economics of the 20th century. The aim is to present the evolution of these concepts and to evaluate them. Historical, descriptive and comparative methods were used. The author argues that in face of current development issues a return to historical sources, combined with their proper reading and (re) interpretation, enables formulation of important conclusions for the present and setting more accurate targets for the future. Thanks to this reading and reinterpretation policy makers have a chance to avoid errors in managing the current socio-economic policy. The analysis led to the conclusion that (1) the understanding of economic development was at first narrowed to growth but with time has moved to (2) to the category of socio-economic development and in the 1950 s a new sub-discipline of economics - development economics - was developed. Its achievements helped to take into account in today's prevailing approaches the social determinants of economic growth, of which sustainable development is the most popular.
Źródło:
Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace; 2016, 2; 117-135
2082-0976
Pojawia się w:
Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Empiryczna analiza wpływu wybranych czynników na wzrost gospodarczy
Empirical Analysis of the Impact of Selected Factors on Economic Growth
Analyse empirique d’un impact de plusieurs facteurs sur la croissance économique
Эмпирический анализ влияния избранных факторов на экономический рост
Autorzy:
Totleben, Bartosz
Powiązania:
https://bibliotekanauki.pl/articles/543410.pdf
Data publikacji:
2015
Wydawca:
Główny Urząd Statystyczny
Tematy:
Analiza empiryczna
Wzrost gospodarczy
Czynniki wzrostu gospodarczego
Regresja liniowa
Empirical analysis
Economic growth
Factors of economic growth
Linear regression
Opis:
W artykule zbadano wpływ wybranych zmiennych: poziomu wydatków rządowych, inflacji, skolaryzacji, bezpośrednich inwestycji zagranicznych, innowacji oraz wolności gospodarczej na poziom PKB per capita. Badaniu poddano 59 krajów, które podzielono zgodnie z klasyfikacją Banku Światowego na 4 grupy dochodowe. W celu określenia zależności i wpływu opisanych zmiennych na PKB per capita wykorzystano regresję liniową, test przyczynowości Grangera oraz uogólnioną metodę momentów. Efektem badań jest potwierdzenie postawionej hipotezy, że wybrane zmienne są determinantami wzrostu gospodarczego, co jest zgodne z zaprezentowaną analizą literatury.
The article examines the impact of selected variables such as the level of government spending, inflation, school enrollment, FDI, innovation and economic freedom on GDP per capita level. To do so, linear regression, Granger causality test and general method of moments are employed. The research takes into consideration 59 countries, divided into 4 groups accordingly to GNP. The results confirm stated hypothesis, i.e. selected variables determine economic growth, what coincides with the analysis of literature.
Źródło:
Wiadomości Statystyczne. The Polish Statistician; 2015, 1; 42-59
0043-518X
Pojawia się w:
Wiadomości Statystyczne. The Polish Statistician
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Financial and economic development link in transitional economies: a spectral Granger causality analysis 1991-2017
Autorzy:
Skare, Marinko
Porada-Rochoń, Małgorzata
Powiązania:
https://bibliotekanauki.pl/articles/19087539.pdf
Data publikacji:
2019
Wydawca:
Instytut Badań Gospodarczych
Tematy:
financial development
economic growth
transition
spectral Granger causality
Opis:
Research background: The relationship between financial development and economic growth has been attracting attention in the field of economics since the times of the "great moderation". Previous empirical studies still fail to put forward a general conclusion on whether and how financial development affects economic growth. This is particularly true due to the lack of empirical research on the matter in question for countries in transition. Purpose of the article: This study aims to contribute to bridging the gap in the financial development-growth nexus in transitional economies. Understanding the mechanism behind financial development and economic growth should assist policymakers in the design of efficient economic policies or avoiding/alleviating financial cycles. Methods: Using Granger causality test in frequency domain, which shows to have more power over standard time domain Granger causality test, as well as gross domestic product (GDP) and the monetary base (M2 - intermediate money), we investigated the finance-growth relationship in 19 Central, East, and Southeast European countries (CESEE) from 1991 to 2017. Findings & Value added: Study results show that financial development is important for growth in CESEE countries, thus supporting the "supply-leading" theories in general for countries in the sample. Our findings indicate that the relationship between financial development and economic growth exists in CESEE countries (with one exception - the Czech Republic) ranging from unidirectional (Albania, Bosnia and Hercegovina, Belarus, Estonia, Macedonia, Russia, Turkey), to bi-directional spectral Granger causality (Bulgaria, Croatia, Hungary, Kazakhstan, Latvia, Lithuania, Poland, Romania, Slovenia, Slovakia, Ukraine).
Źródło:
Oeconomia Copernicana; 2019, 10, 1; 7-35
2083-1277
Pojawia się w:
Oeconomia Copernicana
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Income inequality in China 1952-2017: persistence and main determinants
Autorzy:
Skare, Marinko
Gil-Alana, Luis A.
Claudio-Quiroga, Gloria
Pržiklas Družeta, Romina
Powiązania:
https://bibliotekanauki.pl/articles/19233721.pdf
Data publikacji:
2021
Wydawca:
Instytut Badań Gospodarczych
Tematy:
China
income inequality
fractional integration
persistence
economic growth
Opis:
Research background: China's economic growth, however remarkable, is due to the Harrod-Domar nature of economic growth and, therefore, limited. The main limitation lies in the extension of the neoclassical growth model and the government need to decrease regional disparities using new migration, urbanization and social policy. Purpose of the article: It is the rising regional disparity in the total factor productivity to cause the income inequality increase (measured by GINI index) in China from 1952-2017. Our paper brings new insight into the main inequality determinants and causes in China, using a fractional integration modeling framework. Methods: Using fractional integration, we find total factor productivity (TFP), real gross domestic product per capita and growth and expenditures for the social safety net and employment effort to have a statistically significant impact on GINI. Income inequality in China is of a persistent nature with the effects of the shocks affecting the GINI index enduring over time. Findings & value added: The results of this study highlight the importance for model/policy changes by the policy makers and practitioners in China to deal with the inequality issue. This involves improving the growth model through innovation and technological advancement, relaxing TFP dependence on the physical inputs (labor and capital) to reduce income inequality.
Źródło:
Oeconomia Copernicana; 2021, 12, 4; 863-888
2083-1277
Pojawia się w:
Oeconomia Copernicana
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Economic growth and labour market in the European Union: lessons from COVID-19
Autorzy:
Privara, Andrej
Powiązania:
https://bibliotekanauki.pl/articles/19322535.pdf
Data publikacji:
2022
Wydawca:
Instytut Badań Gospodarczych
Tematy:
COVID-19
economic growth
pandemic
labour market
crisis
Opis:
Research background: The world has been fighting the new pandemic caused by COVID-19 since March 2020. The subsequent restrictions on economic activity resulted in a supply shock, accompanied by a supply chain disruption, job layoffs, reduced work time and wages and decreased disposable incomes and taxes, which led to a demand shock. However, whether a close link exists between the number of confirmed cases, deaths and economic indicators during the COVID-19 pandemic remains uncertain. Purpose of the article: The current study aims to analyse the impact of the number of infections and deaths on economic growth and labour market indicators in the member states of the European Union. Methods: To achieve the main research goal, we conduct a panel data analysis on the quarterly data of 2020. Specifically, we developed three random-effects panel data econometric models to estimate the significance of infection and mortality rates for economic growth as well as employment and unemployment rates. Findings & value added: This study contributes to the existing literature by analysing the link between the infection and mortality rates of COVID-19 and selecting macro-economic indicators within the European Union. The results show that the infection rate is not a significant variable for economic growth and labour market indicators. However, an increase in the number of confirmed deaths has a significantly negative impact on the economy. Moreover, an increase in the mortality rate has a worse impact on the labour market than on economic growth in general. These results can serve as a theoretical basis for future research on the interconnections between pandemics and macro-economic indicators. The findings can also contribute to developing efficient policy instruments for mitigating the negative impact of pandemics in the future, thereby ensuring the cooperation of fiscal, monetary and health policy authorities.
Źródło:
Oeconomia Copernicana; 2022, 13, 2; 355-377
2083-1277
Pojawia się w:
Oeconomia Copernicana
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
ENDOGENOUS TECHNOLOGICAL PROGRESS AND ECONOMIC GROWTH IN A MODEL WITH NATURAL RESOURCES
Autorzy:
Malaczewski, Maciej
Powiązania:
https://bibliotekanauki.pl/articles/972842.pdf
Data publikacji:
2013
Wydawca:
Szkoła Główna Gospodarstwa Wiejskiego w Warszawie. Katedra Ekonometrii i Statystyki
Tematy:
economic growth
technological progress
natural resources
technological opportunities
Opis:
Idea of technological progress based on two different types of research that generate radical and incremental innovations, became new approach in endogenous growth modeling. This approach seems to be useful in modeling relationships between technological progress, natural resources, environmental quality and economic growth. The purpose of this paper is to answer questions about relationships between long-term economic growth, technological progress and use of natural resources. The main object is an impact of natural resources use on growth rate and a role of endogenous technological progress.
Źródło:
Metody Ilościowe w Badaniach Ekonomicznych; 2013, 14, 2; 70-77
2082-792X
Pojawia się w:
Metody Ilościowe w Badaniach Ekonomicznych
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Rozwój sektora finansowego a wzrost gospodarczy na przykładzie Indii
Financial system development and economic growth – case study of India
Autorzy:
Ostrowska, Marta
Lach, Marika
Wójcicka, Karolina
Powiązania:
https://bibliotekanauki.pl/articles/434668.pdf
Data publikacji:
2013
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
India
financial system
economic growth
microfinance
capital market
Opis:
The aim of the article is to analyze the relationship between financial system development and economic growth. The influence of financial system development on real economy has been an object of interest of economists for a long time, which is confirmed by numerous empirical studies. A vast majority of scientists believes that there is a strong positive correlation between the level of financial development (financial system development in particular) and economic growth. Many empirical studies confirm that countries with a well developed financial system manage to achieve improvement in various social development indicators at the same time. The analysis presented in the article is based on the case study of India, an emerging market, where a number of financial reforms took place. The reforms enabled development of both the Indian banking sector and capital market. In the last couple of years India joined the group of countries with huge development potential. Due to steady economic growth, India has entered the top 10 of the world biggest economies. Financial system reforms contributed to the increase in the number of banks. New private banks were established and foreign banks entered the market. Unfortunately, it has proved not to be sufficient to grant an entire financial inclusion. In spite of the fact that financial assets in India are dominated by banking assets, the further development of banking sector is impeded by high agency costs and obstacles to market penetration. Even though the banking sector in India is relatively big, only 55 percent of population owns bank accounts and merely 5.9 percent − credit cards. In economic literature it is commonly accepted that microfinance creates an opportunity for the poor to access banking products and services, which should consequently lead to further economic growth. Capital market deregulation and liberalization attracted professional intermediaries and resulted in an increase in listed companies. During the upswing on global financial markets, the market capitalization to GDP ratio in India was higher than the ratio in developed economies. However, dynamic growth of market valuations of listed companies is not matched by the trading volume, which is proved by relatively low values of turnover ratio and stocks traded-to-GDP ratio. In a short period of time India managed to create a well-developed derivatives market from scratch. However, fixed income market in India is dominated by Treasury securities with corporate debt constituting only a small and illiquid segment of the market. Developed equity market and new lending growth constitute an important source of capital necessary for further development of domestic companies.
Źródło:
Ekonomia - Uniwersytet Ekonomiczny we Wroclawiu; 2013, 3 (24); 44-62
2080-5977
Pojawia się w:
Ekonomia - Uniwersytet Ekonomiczny we Wroclawiu
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Modelling factors connected with the effect of international migration for security and economy
Autorzy:
Berezka, Kateryna
Kovalchuk, Olha
Powiązania:
https://bibliotekanauki.pl/articles/425050.pdf
Data publikacji:
2019
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
international migrations
economic growth
safety
climate change
modeling
Opis:
This article concerns research conducted on the casual connections between modern global migratory processes and basic socio-economic and safety indexes for countries around the world countries. On the basis of new official dataset there was developed a cluster model of countries distributed according to the basic indicators which characterize migratory streams (emigration/ immigration), safety and macroeconomic indexes, related to the international migration. It is established that, in general, people are moving to safer countries that can provide them with better opportunities and social guarantees. The factor models for emigration and immigration processes, and international migration in general have been constructed. The main factors that prompt people to change their place of residence and the economic and safe effects of unprecedented levels of international migration are revealed. The empirical research examined in this paper confirmed the causal link between the volumes of international migration flows and the growth of Foreign Direct Investment in home countries and the reduction of security in host countries. The lack of statistical connection between immigration and emigration flows has been established.
Źródło:
Econometrics. Ekonometria. Advances in Applied Data Analytics; 2019, 23, 4; 30-42
1507-3866
Pojawia się w:
Econometrics. Ekonometria. Advances in Applied Data Analytics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Growth-maximizing public debt in Turkey: An empirical investigation
Autorzy:
Bulus, Gokay Canberk
Powiązania:
https://bibliotekanauki.pl/articles/1837949.pdf
Data publikacji:
2020-09-30
Wydawca:
Uniwersytet Ekonomiczny w Poznaniu
Tematy:
public debt
economic growth
fiscal rule
Turkish economy
Opis:
The aim of the paper is to empirically estimate the growth-maximizing debtto-GDP ratio in the case of Turkey. To calculate the growth-maximizing debt-to-GDP ratio FMOLS, DOLS, and CCR estimators are used for the period from 1960–2013. According to the empirical findings the growth-maximizing debt-to-GDP ratio varies between 34.3% and 38.7%. Based on a comparison of these ratios to current data (29.1% for 2018), Turkey has the capacity for additional borrowing to achieve a growthmaximizing debt-to-GDP ratio. If this additional borrowing capacity is used for public investment with a return greater than the interest cost of the additional debt economic growth will be maximized and public debt sustainability supported.
Źródło:
Economics and Business Review; 2020, 6, 3; 68-87
2392-1641
Pojawia się w:
Economics and Business Review
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Mechanizmy oddziaływania deficytu fiskalnego na wzrost gospodarki
The Fiscal Deficit and Its Impact on Economic Growth
Autorzy:
Ciżkowicz, Piotr
Rzońca, Andrzej
Powiązania:
https://bibliotekanauki.pl/articles/574399.pdf
Data publikacji:
2011-10-31
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
fiscal deficit
public debt
economic growth
fiscal policy
Opis:
The article describes the mechanisms by which fiscal expansion and the resulting fiscal deficit influence long-term economic growth. Since the early 1930s, many economists have argued that fiscal expansion is capable of stimulating the economy at a time of recession. The authors do not address the issue of how effective fiscal expansion may prove to be in stimulating aggregate demand and, consequently, in relieving strong negative demand shocks. In their article, Ciżkowicz and Rzońca examine six channels of the fiscal deficit’s impact on economic growth based on an overview of research reports in this area. The analysis reveals that the fiscal deficit may inhibit economic growth through each of these channels, Ciżkowicz and Rzońca say. First, a higher deficit today means higher taxes in the future. Second, an increase in the deficit may worsen the tax structure because it deepens income inequality between the rich and poor, which in turn provides an excuse for the authorities to raise taxes on income or capital, thus discouraging people from working, improving their skills, saving and innovating. Third, the deficit adds to the public debt, while crowding out spending on infrastructure, scientific research, and education. It also makes it easier to channel public funds to areas that do not generate benefits for society as a whole. Fourth, it absorbs private savings that could be used to finance corporate investment. Moreover, it adds to the uncertainty about future tax burdens and the stability of the economy, which is not conducive to investment. Fifth, it causes inflows and outflows of foreign portfolio capital, thus leading to fluctuations in the exchange rate and hindering international trade and, in effect, foreign technology transfers. Sixth, a persistent deficit leads to a crisis with time. A specific level of fiscal deficit does not have the same consequences everywhere, according to Ciżkowicz and Rzońca. Its negative impact on economic growth is especially evident in countries with a high capital-to-income ratio, low domestic savings rate, significant barriers for businesses trying to adapt their savings to changes in the deficit, excessive public expenditure, high public debt, low income per capita, poor protection of creditors’ rights, high vulnerability to shocks, a strong dependence on the inflow of savings from abroad, a high proportion of debt denominated in foreign currencies and nearing maturity, poor credit history, and slow GDP growth.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2011, 251, 10; 1-20
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Makroekonomiczne uwarunkowania i efekty wzrostu gospodarczego w Irlandii
The Macroeconomic Determinants and Effects of Economic Growth in Ireland
Autorzy:
Heller, Janusz
Ewertowska, Emila
Powiązania:
https://bibliotekanauki.pl/articles/574656.pdf
Data publikacji:
2008-06-30
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
Ireland
economic growth
Inflation
unemployment
neoliberalism
state intervention
Opis:
The authors describe a combination of factors that have influenced economic growth in Ireland. The study relies on description methods, tabular analysis and synthesis. Ireland joined the European Community in 1973, but the first few years of membership brought no major benefits for the country. This means that European Community membership alone was not enough to spur the Irish economy, Heller and Ewertowska note. In the initial period after joining the European Community, Ireland experienced stagnation and a regression that eventually led to stagflation, an extremely dangerous trend that lasted from 1981 to 1983. It was not until 1984 that the Irish government brought inflation under control and kept in check effectively for many years. This successful campaign against inflation was the first macroeconomic development that laid the groundwork for sustained economic growth in Ireland, the authors say. In 1987-1997 four social partnership agreements were made in Ireland. The reforms combined neoliberal concepts with state intervention. The government streamlined expenditure, reduced the budget deficit and public debt, accelerated privatization, and reduced the rate at which pay grew, in addition to cutting non-wage labor costs. At the same time, the government offered tax breaks and preferential treatment to investors in selected industries and it also granted subsidies to those providing employee training and retraining programs. These measures were supported by an inflow of foreign direct investment and funds from European Union coffers. All these efforts were oriented toward structural changes in the infrastructure sector and the economy as a whole. As a result, Ireland stopped being a poor and backward country that it was when it joined the European Community in 1973. It grew into one of the wealthiest countries in the EU. In 1973, Ireland’s GDP per capita was just 64 percent of the EC average. In 2005, the country’s GDP per capita accounted for 139 percent of the EU average and was the second-highest in the EU after that of Luxembourg. The main source of Ireland’s success story has been the country’s ability to skillfully combine market (neoliberal) mechanisms with state intervention, Heller and Ewertowska say. This means that Ireland is not a liberal country according to the definition used in classical economics, the authors conclude.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2008, 224, 5-6; 111-130
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Inwestycje w kapitał niematerialny w gospodarkach na średnim poziomie rozwoju
Intangible capital investment in developing economies
Autorzy:
Cywiński, Łukasz
Harasym, Ruslan
Powiązania:
https://bibliotekanauki.pl/articles/569932.pdf
Data publikacji:
2016
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
intangible capital
economic growth factors
innovativeness of countries
Opis:
Structural change of the global economy involving a transition from manufacturing to knowledge-intensive industries makes the classic growth factors dwindle in favor of factors that are based on human capital and innovation. This paper presents the results of the measurement of intangible capital in Poland in 1995-2013 and the comparative analysis of countries from Central and Eastern Europe. It also presents the results for selected intermissions of time that are corresponding with institutional changes and adjustment reactions – 2005 corresponds with entry to the EU and 2010 with the adjustment to global downturn. The research presents a measure of intangible assets in Poland up to 2013 and compares the results with available data for other European countries (see: INTANINVEST project). This step was made to check whether Polish economy was led by the following pattern – high level of intangible capital stimulates economic development measured by the GDP. The results of the analysis made it possible not only to achieve the abovementioned goal but it has also multiple other applications. For instance it adds to the discussion about the “trap of medium development” and the role of Foreign Direct Investment (FDI) in shaping structural changes of Polish economy. The measurement of intangible capital in Polish economy presented in the article was based on the methodology presented by Corrado, Hulten and Sichel [2006] – which was later applied in the INTANINVEST project by the Piekkola’s [2011] team. This allowed for the abovementioned comparative analysis of Poland and selected European countries. The results indicated that the Polish economy absorbed technology and knowledge, but created only handful of innovations. It is not a knowledge-based economy, but it only imitates innovations. The transition to knowledge-based economy is furthermore neither advanced by growth strategies based on increasing spending on R&D from public funds (Lisbon strategy) nor the quality of investment climate.
Źródło:
Ekonomia XXI Wieku; 2016, 2 (10); 89-102
2353-8929
Pojawia się w:
Ekonomia XXI Wieku
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
On the Role of Portfolio Indicators of the Capital Flows in the Convergence Processes - An Application of Systems of Regression Equations in the Case of Selected CEE Countries
Autorzy:
Adamczyk, Piotr
Pipień, Mateusz
Powiązania:
https://bibliotekanauki.pl/articles/2119883.pdf
Data publikacji:
2022
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
convergence
labour productivity
economic growth
SURE
capital flows
Opis:
We analysed the empirical importance of the capital flows in processes of economic convergence of the CEE region. We depart from reference net measures of capital flow reflecting the level of development of the financial system and focus on gross capital flow. Our econometric model is based on Seemingly Unrelated Regression Equation (SURE) elaborated by Arnold Zellner. This environment seems an alternative to standard panel regression, because it enables cross-country heterogeneity of parameters of interest (like pace of convergence). We tested several restrictions of the unconstrained SURE model, leading to simpler specifications that would allow for regional homogeneity of the role of a particular factor (like capital flows) in growth fluctuations and β-type convergence.
Źródło:
Central European Journal of Economic Modelling and Econometrics; 2022, 3; 303-333
2080-0886
2080-119X
Pojawia się w:
Central European Journal of Economic Modelling and Econometrics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Wykorzystanie zagregowanej funkcji produkcji do określenia źródeł konwergencji gospodarczej województw
Using the aggregate production function to determine the sources of economic convergence of voivodships in Poland
Autorzy:
Kosmalski, Roman
Powiązania:
https://bibliotekanauki.pl/articles/2106755.pdf
Data publikacji:
2022-08-01
Wydawca:
Główny Urząd Statystyczny
Tematy:
wzrost gospodarczy
dekompozycja
konwergencja
economic growth
decomposition
convergence
Opis:
W artykule podjęto problematykę konwergencji gospodarczej, będącej od lat jednym z ważniejszych zagadnień w dziedzinie ekonomii. Celem badania, które tu omówiono, jest identyfikacja czynników warunkujących konwergencję gospodarczą województw (a konkretnie – odpowiedzialnych za regionalne zróżnicowanie PKB na osobę pracującą) oraz ocena siły ich oddziaływania. Badanie przeprowadzono dla lat 2014–2019 na podstawie danych pochodzących z Banku Danych Lokalnych Głównego Urzędu Statystycznego. Posłużono się zagregowaną funkcją produkcji typu Cobba-Douglasa, która pozwala oddzielić wpływ akumulacji czynników produkcji od wpływu zmian w stosowanej technologii na wzrost gospodarczy w województwach i w konsekwencji – na proces konwergencji gospodarczej. Zrealizowanie celu badawczego wymagało przeprowadzenia dekompozycji zagregowanej funkcji produkcji. Wyniki badania nie potwierdziły występowania konwergencji gospodarczej województw. Na skutek różnic w przestrzennej akumulacji kapitału rzeczowego oraz postępu technologicznego w rozpatrywanym okresie obserwowano tendencję do pogłębiania się regionalnego zróżnicowania PKB na osobę pracującą.
The article deals with economic convergence, which has long been one of the most important issues in the field of economics. The aim of the study is to identify the factors which determine the economic convergence of voivodships, i.e. provinces (and more specifically, factors responsible for the regional differentiation of GDP per working person) and to assess the strength of their impact. The study was conducted for the years 2014–2019 on the basis of data provided by the Local Data Bank of Statistics Poland. The aggregate production function of the Cobb-Douglas type was used. It allows the influence of the accumulation of production factors to be separated from the influence of the changes occurring in the applied technology on economic growth in voivodships and, consequently, on the process of economic convergence. The achievement of the aim of the research necessitated the decomposition of the aggregated production function. The results of the study did not confirm the occurrence of economic convergence in voivodships. A tendency was observed for the regional differentiation of the GDP per working person to deepen during the examined period, which resulted from the differences in the spatial accumulation of physical capital and technological progress.
Źródło:
Wiadomości Statystyczne. The Polish Statistician; 2022, 67, 7; 20-34
0043-518X
Pojawia się w:
Wiadomości Statystyczne. The Polish Statistician
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Złożoność koszyków eksportowych krajów. Zarys problematyki
Complexity of national export bundles: an outline
Autorzy:
Gabrielczak, Piotr
Serwach, Tomasz
Powiązania:
https://bibliotekanauki.pl/articles/956181.pdf
Data publikacji:
2016
Wydawca:
Uniwersytet w Białymstoku. Wydawnictwo Uniwersytetu w Białymstoku
Tematy:
complexity
export
economic growth
złożoność
eksport
wzrost gospodarczy
Opis:
Współczesne, światowe badania nad teorią handlu międzynarodowego skupiają się na wzbogaceniu rozważań o kolejne aspekty: jakościowe, strukturalne czy instytucjonalne. Jednym z coraz częściej poruszanych tematów jest zagadnienie złożoności koszyków eksportowych państw, jej uwarunkowań i wpływu na pozostałe sfery gospodarki. Tej, wciąż niepopularnej na polskim gruncie, problematyce poświęcono niniejszy artykuł. Część pierwsza tekstu stanowi wprowadzenie do rozważań. W części drugiej na podstawie przeglądu literatury opisano znaczenie złożoności eksportu dla gospodarki narodowej, zwłaszcza dla wzrostu gospodarczego i zmian strukturalnych. W trzeciej części zaprezentowano determinanty złożoności, a w czwartej przedstawiono współczesne trendy rozkładu złożoności między krajami i grupami produktowymi. Ostatnia część to podsumowanie pracy.
Contemporary research into the theory of international trade focuses on introducing new qualitative, structural and institutional aspects. One of the topics that seems to be gaining popularity is the issue of the complexity of bundles of exported goods, its determinants, and the effects it has on other elements of national economies. This paper is devoted to the problem because it is still unexplored by the Polish literature. The first section serves as an introduction. The second one contains a survey of literature on the significance of complexity for the economy, especially economic growth and structural transformations. The third section presents the determinants of complexity. The fourth one presents modern trends of complexity distribution among countries and groups of goods. The final section provides a conclusion to the discussion.
Źródło:
Optimum. Economic Studies; 2016, 2(80); 129-143
1506-7637
Pojawia się w:
Optimum. Economic Studies
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Elements of differential equations in the mathematics course for students of economics
Autorzy:
Biernacki, Marek
Powiązania:
https://bibliotekanauki.pl/articles/421387.pdf
Data publikacji:
2015
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
elements of economic equations
models of economic growth
differential equations
Opis:
The article presents a proposal of one lecture with elements of differential equations included in a 30-hour course in mathematics for students of economics at the University of Economics in Wrocław. The author puts forward a presentation of some basic methods for solving first order differential equations exemplified by two macroeconomic growth models: the Domar model and the Solow model.
Źródło:
Didactics of Mathematics; 2015, 12(16); 5-10
1733-7941
Pojawia się w:
Didactics of Mathematics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Financial Services Input as a Source of Economic Growth in the European Union Countries
Wydatki przedsiębiorstw na usługi finansowe jako źródło wzrostu gospodarczego w krajach Unii Europejskiej
Autorzy:
Wyszkowska-Kuna, Joanna
Powiązania:
https://bibliotekanauki.pl/articles/1050539.pdf
Data publikacji:
2016-09-30
Wydawca:
Główny Urząd Statystyczny
Tematy:
financial services
economic growth
the decomposition of economic growth
European Union
usługi finansowe
wzrost gospodarczy
dekompozycja wzrostu produkcji
Unia Europejska
Opis:
The aim of this paper is to study and compare the importance of intermediate demand for financial services for the growth of production in the European Union countries. In the study the methodology introduced by Jorgenson et al. (1987) is used. This assumes that changes in the production (in real terms) result from changes in intermediate inputs of raw and manufacturing materials and services, as well as in factor inputs (labour and capital) and in total factor productivity. The advantage of this method is the ability to calculate the contributions of different components of intermediate inputs (including service inputs – total or with respect to particular service categories) to production growth in the whole economy and in individual industries. The study is carried out with respect to financial services, but their contribution to economic growth is compared with the contribution of knowledge-intensive business services that have been already recognized as affecting economic and productivity growth. The data used in the study come from the World Input-Output Database. The analysed period covers the years 1995–2009, owing to the availability of relevant data.
Celem pracy jest zbadanie i porównanie znaczenia wydatków przedsiębiorstw na usługi finansowe dla wzrostu produkcji w krajach Unii Europejskiej. W badaniu wykorzystano metodę dekompozycji wzrostu produkcji według Jorgensona et al. (1987), która zakłada, iż zmiany produkcji wynikają ze zmian wielkości wydatków przedsiębiorstw na zakup surowców, materiałów, usług i czynników produkcji (pracy i kapitału) oraz łącznej produktywności czynników produkcji. Zaletą tej metody jest możliwość obliczenia wkładów wydatków na zakup materiałów lub usług (ogółem lub dla poszczególnych kategorii) we wzrosty produkcji w całej gospodarce oraz w poszczególnych działach. Badanie przeprowadzono w odniesieniu do usług finansowych, jednakże znaczenie usług finansowych dla wzrostu gospodarczego porównano ze znaczeniem usług biznesowych opartych na wiedzy, które postrzegane są jako mające wpływ na wzrost produkcji i produktywności. Dane wykorzystane w badaniu pochodzą z WIOD (World Input-Output Database). Okres badawczy to lata 1995–2009, z uwagi na dostępność danych.
Źródło:
Przegląd Statystyczny; 2016, 63, 3; 289-308
0033-2372
Pojawia się w:
Przegląd Statystyczny
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Impact Of The Global Financial And Economic Crisis Convergence Process In OECD Countries
Wpływ kryzysu gospodarczego i finansowego na proces konwergencji w krajach OECD
Autorzy:
GRETA, MARIANNA
LEWANDOWSKI, KRZYSZTOF
Powiązania:
https://bibliotekanauki.pl/articles/974068.pdf
Data publikacji:
2015-03-01
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
economic crisis
economic growth
OECD
convergence
kryzys gospodarczy
wzrost gospodarczy
konwergencja
Opis:
This paper analyzes the issue of convergence in OECD countries and tries to assess the effect of financial crisis on the process of convergence. In other words it will consider whether the global financial crisis pulled the economies of the organization together or pushed them apart. It tries to show whether the present crisis has had a similar effect on the convergence process as the Great Depression had 80 years ago. It will analyze the most important macroeconomic data from the period 2007–2012 and use a simple econometric model to establish the relationships and, in conclusion, compare the similarities and differences between these two economic events.
Niniejszy artykuł poświęcony jest zjawisku konwergencji i próbuje oszacować wpływ kryzysu finansowego i gospodarczego na proces konwergencji realnej wśród krajów OECD. Głównym celem artykułu jest wykazanie, czy w wyniku globalnego kryzysu finansowego i gospodarczego gospodarki ugrupowania zbliżyły się do siebie pod względem osiąganego PKB per capita, czy też wystąpiło zjawisko zupełnie przeciwne. Autorzy próbują ponadto ustalić, czy obecny kryzys miał podobny wpływ na procesy konwergencji jak Wielki Kryzys z lat 1929–1932. Artykuł obejmuje dwie części. W pierwszej, o charakterze teoretycznym, przedstawiono międzynarodowy dorobek w dziedzinie konwergencji oraz czynników, które na nią oddziałują, a także przedstawiono procesy konwergencji w perspektywie historycznej. W części drugiej, o charakterze empirycznym przedstawiono wyniki badań uzyskanych przy wykorzystaniu modelu ekonometrycznego. Model ten przedstawia analizę beta-konwergencji wśród 36 państw OECD przed i po okresie wystąpienia kryzysu i obejmuje swoim zasięgiem lata 2003–2012. W zakończeniu przeprowadzono porównanie oddziaływania na konwergencję obecnego kryzysu gospodarczego, z tym, który miał miejsce osiemdziesiąt lat temu.
Źródło:
Comparative Economic Research. Central and Eastern Europe; 2015, 18, 1; 81-96
1508-2008
2082-6737
Pojawia się w:
Comparative Economic Research. Central and Eastern Europe
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Impact of FDI on the Economic Development of Serbia and Poland
Wpływ bezpośrednich inwestycji zagranicznych na rozwój ekonomiczny Serbii i Polski
Autorzy:
MITROVIC, Ranka
JURCIC, Ana
JOKSIMOVIC, Marijana
Powiązania:
https://bibliotekanauki.pl/articles/506856.pdf
Data publikacji:
2017-07-24
Wydawca:
Państwowa Uczelnia Stanisława Staszica w Pile
Tematy:
economic growth
FDI
development
capital
wzrost gospodarczy
rozwój
kapitał
Opis:
Investments are crucial for economic growth. In the contemporary environment of intensive international financial connections and with the expansion of transnational companies a substantial part of investments are made by foreign companies. Beneficial factors for foreign direct investments are natural resources, geographical position, specifics of the labour force, the technology level and other specifics for certain country conditions. The intensive globalisation process in recent decades contributed to an easier movement of capital by cutting restrictions. The main purpose of this paper is to investigate the nature of FDIs in Serbia and Poland and their role in economic growth, as well as the effects they create in local economies. This paper will show a comparative analysis between Serbia and Poland regarding the impact of FDIs on the economic development of both countries.
Inwestycje są kluczowe dla rozwoju gospodarczego. We współczesnym środowisku intensywnych powiązań finansowych z ekspansją firm ponadnarodowych, znaczna część inwestycji jest dokonywana przez firmy zagraniczne. Czynnikami korzystnymi dla bezpośrednich inwestycji zagranicznych (ang. FDI) są zasoby naturalne, położenie geograficzne, specyfika siły roboczej, poziom technologii oraz inne warunki w danym kraju. Intensywny proces globalizacji w ostatnich dekadach przyczynił się do łatwiejszego przesuwania kapitału poprzez usuwanie ograniczeń. Głównym celem tej pracy jest zbadanie charakteru FDI w Serbii i Polsce oraz ich roli we wzroście gospodarczym a także ich wpływu na lokalne gospodarki. Praca ta przedstawia analizę porównawczą pomiędzy Serbią a Polską w zakresie wpływu FDI na rozwój gospodarczy obu krajów.
Źródło:
Progress in Economic Sciences; 2017, 4; 405-414
2300-4088
Pojawia się w:
Progress in Economic Sciences
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Przyczyny korupcji w krajach postkomunistycznych
The Causes of Corruption in Postcommunist Countries
Autorzy:
Goczek, Łukasz
Powiązania:
https://bibliotekanauki.pl/articles/575427.pdf
Data publikacji:
2010-04-30
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
corruption
postcommunist countries
economic growth
central planning
market reforms
Opis:
The paper provides an empirical analysis of the causes of corruption in postcommunist countries. Researchers vary in their evaluation of how economic policy instruments and structural factors influence the level of corruption in these countries, Goczek says. He looks at the two main hypotheses about the sources of corruption in the region. The first hypothesis holds that the current level of corruption in postcommunist countries is largely due to what happened under communism, including the institutional standards of the time. The other hypothesis is that these countries’ transition from central planning to a market economy is largely responsible for the current level of corruption in the region. Both models discussed in the article proved to be useful in explaining the level of perceived corruption in postcommunist countries, the author says. In the first model, Goczek checked if the current scope of corruption has its roots in these countries’ communist past. The empirical study showed that the more economically developed a particular country was in 1989, the more successful it was in dealing with the problem of corruption. Generally, the extent of central planning in the economy proved to be the most significant factor, Goczek says. He argues that the level of perceived corruption in a given country depended on the scope of central planning and the resulting market disturbance. In the second model discussed in the paper, the author tries to check if market reforms contributed to an increase in corruption in Central and Eastern Europe. According to some researchers, wide-ranging redistribution processes linked with privatization and liberalization in the economy frequently encouraged corruption after the fall of communism. Goczek’s analysis of economic policy choices reveals that the level of corruption in Central and Eastern Europe is lower than in the former Soviet Union. While most Central and Eastern European countries as well as the Baltic states introduced far-reaching economic reforms at the start of transition, Goczek says, former Soviet republics dragged their feet on such reforms. As a result, the levels of corruption in these two regions differ considerably. Generally, those countries that quickly carried out economic reforms managed to arrest and even reverse the progress of corruption after the fall of communism, Goczek concludes.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2010, 239, 4; 67-87
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
GLOBALISATION EFFECT MEASURE VIA HIERARCHICAL DYNAMIC FACTOR MODELLING
Autorzy:
Reklaitė, Agnė
Powiązania:
https://bibliotekanauki.pl/articles/517170.pdf
Data publikacji:
2015
Wydawca:
Instytut Badań Gospodarczych
Tematy:
leading indicator
hierarchical dynamic factor model
globalisation
economic growth
Opis:
In this paper the issue of globalisation and deteriorating precision of domestically oriented frameworks is addressed. A hypothesis that the effect of international trends on the growth of economy is increasing over time is formed. In order to validate this, a method of composing foreign series with local indicators in a hierarchical dynamic factor model is presented. The novelty of this approach is that globalisation effect is measured focusing on prediction rather than similarity. This way the measure presents the country's sensitivity to global shocks and reveals how much focal country's economy is intertwined with global economy. The application was performed on the basis of Lithuanian data and the hypothesis was validated. The results indicate that globalisation effect has an increasing effect over time.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2015, 10, 3; 139-149
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The nexus between the financial system and economic growth: GMM estimation with panel data
Autorzy:
Gemen, Simon
Powiązania:
https://bibliotekanauki.pl/articles/518138.pdf
Data publikacji:
2017
Wydawca:
Uniwersytet Gdański. Wydział Ekonomiczny
Tematy:
economic growth
financial system
financialisation
GMM estimation
panel analysis
Opis:
This paper investigates the relationship between the financial system and economic growth. Understanding this nexus is important in order to draft and implement policy measures that safeguard economic welfare based on sound financial markets. In spite of the growing number of scholars who research in this area, there is a substantial amount of unanswered questions and a lively debate with contrasting views on basic processes. The main research question that will be answered in this paper is: What is the relationship between the financial system and economic growth? This question also answers which variables of the financial system have an impact on the real economy, which variables are most relevant contributors to economic growth and if differences between different groups of countries can be identified. The analysis is executed using the Arellano‐ Bond generalized method of moments (GMM) estimator based on panel data. The dataset consists of macroeconomic control variables and financial stock market and banking system variables from 74 countries over the time period 1988–2014. The results vary substantially between the panels under analysis. At the same time it can be said, that market capitalisation is the strongest predictor of economic growth. The analysis further shows that the banking system variables are largely negatively correlated with economic growth.
W artykule badana jest relacja zachodząca między systemem finansowym a wzrostem gospodarczym. Zrozumienie tej relacji jest bardzo ważne przy opracowywaniu i wdrażaniu programów politycznych, mających na celu rozwój ekonomiczny oparty na solidnej bazie rynków finansowych. Mimo coraz większej liczby naukowców, którzy badają tę dziedzinę, znaczna ilość pytań pozostaje bez odpowiedzi, a ożywiona debata uwypukla przeciwstawne poglądy na temat podstawowych procesów. Główne pytanie badawcze brzmi: Jaki związek występuje pomiędzy systemem finansowym a wzrostem gospodarczym? To pytanie pozwala udzielić odpowiedzi także na to, jakie zmienne systemu finansowego wpływają na realną gospodarkę, które zmienne uchodzą za najistotniejsze czynniki wzrostu gospodarczego, oraz czy można zidentyfikować różnice pomiędzy różnymi grupami krajów. Analiza została przeprowadzona za pomocą uogólnionej metody momentów (GMM) Arellano‐Bonda na podstawie danych panelowych. Zestaw danych składa się ze zmiennych kontrolnych gospodarki oraz ze zmiennych finansowych z 76 krajów w okresie 1988–2014 r. Wyniki analizy różnią się znacznie pomiędzy panelami. Jednocześnie można stwierdzić, że kapitalizacja giełdowa jest najsilniejszym czynnikiem wzrostu gospodarczego. Analiza pokazuje ponadto, że zmienne systemu bankowego są negatywnie skorelowane ze wzrostem gospodarczym.
Źródło:
Zeszyty Studenckie Wydziału Ekonomicznego „Nasze Studia”; 2017, 8; 200-208
1731-6707
Pojawia się w:
Zeszyty Studenckie Wydziału Ekonomicznego „Nasze Studia”
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Prowzrostowe i nieprowzrostowe wydatki sektora finansów publicznych w Polsce na tle krajów Unii Europejskiej
Growth-promoting and non-growth-promoting expenditures of public finance sector in Poland against European Union countries
Autorzy:
Karmela, Zbigniew
Powiązania:
https://bibliotekanauki.pl/articles/2128343.pdf
Data publikacji:
2017
Wydawca:
Uniwersytet w Białymstoku. Wydawnictwo Uniwersytetu w Białymstoku
Tematy:
wzrost gospodarczy
wydatki publiczne
COFOG
economic growth
public spending
Opis:
Celem artykułu było wyodrębnienie prowzrostowych, neutralnych i nieprowzrostowych grup wydatków sektora finansów publicznych, a także dokonanie analizy porównawczej ich aktualnej struktury oraz dynamiki w latach ubiegłych w Polsce na tle innych krajów Unii Europejskiej. Badanie dotyczyło 28 krajów dla okresu 1996-2015. Podział na prowzrostowe i nieprowzrostowe wydatki publiczne został oparty na dostępnej literatury przedmiotu oraz estymacji za pomocą modelu z efektami stałymi. Przegląd przytoczonej literatury nie dał jednoznacznej odpowiedzi na to, które z grup wydatków publicznych mają charakter prowzrostowy, wobec czego przyjęto pewne upraszczające założenia, bazując na wynikach modelu z efektami stałymi. Na podstawie przeprowadzonej estymacji do grup wydatków prowzrostowych zaliczono: usługi ogólnopaństwowe, obronę narodową, bezpieczeństwo i porządek publiczny oraz sprawy gospodarcze, natomiast nieprowzrostowymi grupami wydatków okazały się: ochrona środowiska, rekreacja, kultura i religia oraz ochrona socjalna. Ustalone kryterium wyodrębnienia wydatków publicznych stanowiło podstawę do weryfikacji hipotezy o wypieraniu prowzrostowych wydatków publicznych przez nieprowzrostowe. Ustalono, że od 2011 roku w Polsce wydatki nieprowzrostowe zaczęły wypierać prowzrostowe.
The purpose of this paper is to distinguish growth-promoting, neutral and non-growth-promoting expenditures of the public finance sector, comparative analysis of their current structure and dynamics in previous years in Poland as compared with the other EU countries. The analysis concerns 28 countries over the period 1996-2015. The proposed division into growth-promoting and non-growth-promoting public expenditures is based on available literature and an estimation using a fixed effects model. Since the analysis of the existing literature fails to provide a clear answer to which groups of public expenditure promote growth, certain simplified assumptions are adopted based on the results of the fixed effects model. Based on the estimation, growth-promoting expenditures were found to include: general public services, defense, public safety and order, as well as economic purposes, whereas non-productive ones encompassed: environmental protection, recreation, culture and religion, and social protection. Also, since 2011, non-growth-promoting public spending has begun to displace growth-promoting public expenditures.
Źródło:
Optimum. Economic Studies; 2017, 6(90); 12-26
1506-7637
Pojawia się w:
Optimum. Economic Studies
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Oil price and the economic activity in GCC countries: evidence from quantile regression
Autorzy:
Zmami, Mourad
Ben-Salha, Ousama
Powiązania:
https://bibliotekanauki.pl/articles/22444397.pdf
Data publikacji:
2020
Wydawca:
Instytut Badań Gospodarczych
Tematy:
oil price
economic growth
cointegration
quantile regression
asymmetry
GCC
Opis:
Research background: The effects of oil price fluctuations on the macroeconomic performance in oil-importing and oil-exporting countries have stimulated considerable research activity. However, the debate is far from being closed. Purpose of the article: This paper revisits the impact of crude oil price on economic activity in the Gulf Cooperation Council oil-exporting countries. The study covers a relatively long period spanning from 1960 to 2018. Methods: The empirical investigation accounts for structural breaks, nonlinearity, and non-normal ?distribution of data. The Kapetanios (2005) structural breaks unit root test?? and ?Saikkonen?Lütkepohl (2000a, b, c) cointegration test with structural shifts are implemented to examine the stationary properties of data and the presence of cointegration between variables, respectively. Moreover, the quantile regression is employed to assess whether the impact of oil price on real GDP differs across different states of the economy. Findings & Value added: Empirical results suggest the absence of long-run cointegrating relationships between oil price and GDP in all countries. The quantile regression reveals that oil price does not affect real GDP in the same way across countries and for different business cycle phases. More specifically, the symmetric quantile regression findings reveal that oil price exerts a positive impact on GDP in all countries and that the effect is higher during the recession than expansion states. The asymmetric quantile regression shows that GDP reacts to positive oil price changes in all countries. However, only the Emirati and Omani GDPs are affected by negative oil price changes.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2020, 15, 4; 651-673
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł

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