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Found 45 search results for: Poland.
Jakub Kubiczek, Wojciech Derej, Angelika Kantor (2022/1, Articles,
Scientific Achievements of Economic Academic Workers in Poland: Bibliometric Analysis
University rankings take many features into account when making an evaluation. One of them are scientific achievements of employees. Based on the literature review, a research gap was identified and defined as the lack of comparisons of scientific achievements, at least in terms of citations, among research workers of economic universities in Poland. The aim of the article was defined as (...)
Łukasz Postek, Weronika Poświata (2021/3, Articles,
The authors analyse the relationship between the height of the employee and her (his) remuneration in the Polish labour market. They present a review of the literature suggesting the possibility of the existence of such a relationship on the theoretical grounds and the examples of empirical research confirming the occurrence of such a dependence in many countries. However, there have been (...)
Sebastian Stępień, Jan Polcyn, Michał Borychowski (2021/1, Articles,
Determinants Of A Balanced Economic And Social Development Of Family Agricultural Farms In Poland
The discussion on a balanced development of small agricultural farms is justified by the importance of the very concept of a balanced economic and social development of agriculture and the important role of small family farms in the Polish agriculture. In this subject area, there is an evident research gap regarding cross-sectional research concerning small family farms. The analysis of (...)
Anna Odrobina, Paweł Folfas (2020/4, Articles,
Poland’s Participation in Global Value Chains: The Case of R&D Activity
The aim of the paper is to determine to what extent the R&D industry in Poland.participates in global value chains (GVC), and to determine the place of this industry in these chains. The research tool is the participation in GVC index, being the sum of shares in these chains as a recipient of foreign components used in domestic production (participation index, backward), and as a supplier (...)
Maciej Miszewski (2020/3, Book Reviews,
Krzysztof Waliszewski
(2019/4, Book Reviews,
Piotr Krajewski (2019/3, Articles,
Decomposing the Impact of Government Spending on GDP in Poland
Using structural vector autoregression model (SVAR), the author compared the efficiency of various categories of government expenditure in boosting economic activity in Poland. The empirical analysis, covering the period of 2002–2017, was made on quarterly data. The results of the examination show that, in line with theoretical premises, the strongest and long-lasting effect on GDP is (...)
Mateusz Tomal (2019/2, Articles,
Contemporary economics recognizes that investment decisions are not always fully rational. The source of irrationality may be psychological inclinations involved in the decisionmaking process. These inclinations, called ‘behavioral factors’, take the form of heuristics, or intuitive opinions formulated quickly, and motivating factors. The aim of the paper was to analyse psychological (...)
Marcin Garbat (2019/1, Miscellanea,
System of Employment of People with Disabilities in Poland: Pigou contra Coase
According to Ronald Coase, the problem of external costs is twofold: negative external effects generated by one entity cause loss for another, but the suppression of injustice is automatically a loss for the first one; he argued that in the case of well-defined property rights and low transaction costs, the problem of external effects can be solved through transactions between parties (...)
Kamila Kuziemska-Pawlak (2018/4, Articles,
The Determinants of Poland’s Current Account Balance
This paper tries to identify empirically the main determinants of the current account balance (CAB) to GDP ratio in Poland. It shows that an increase of the CAB to GDP ratio was supported by the process of real economic convergence and a rise in the general government balance to GDP ratio. In turn, an appreciation of the real effective exchange rate of the Polish zloty, an increase in the (...)
Maciej K. Dudek (2018/3, Articles,
Equilibrium Discrepancy between GDP and GNP in Poland
In this paper a theoretical approach, based on Cobb-Douglas production function, is used to assess the difference between the GDP and GNP values in Poland. The results suggest that in the long run GDP in Poland.will be about 9.5% higher than GNP implying that the actual income levels enjoyed by Polish nationals will be lagging those implied by GDP by about three years. Furthermore, the (...)
Waldemar Florczak, Wojciech Grabowski (2018/2, Articles,
Does It Pay to Take Legal Advice? Estimates of Miroceconomic Effects of Non-comercial Legal Advice
The paper aims to quantify individual monetary benefits due to non-commercial legal aid/advice. To this end an augmented Mincer income equation was employed whose parameters were estimated using representative survey data for Poland. To summarize the outcomes of the research one must affirmatively answer the question raised in the title to this article. Leaving justiciable problems on their (...)
Ewa Gałecka-Burdziak, Leszek Kucharski (2018/1, Miscellanea,
Discouraged and Added Workers in the Polish Labour Market
The paper presents statistical analysis of the flows between the labour force and the discouraged worker pool in Poland. The research is based on quarterly LFS data for the time period 1995–2016 in age and sex breakdowns. The authors assume that the outflow from the labour force to the discouraged worker pool approximates the discouraged worker effect, whereas the inflow to the labour force (...)
Leszek Wincenciak (2018/1, Articles,
The Impact of Horizontal and Vertical Educational Mismatches on Wages
The aim of the article was to assess the impact of horizontal and vertical educational mismatches on wages of various school graduates in Poland. (Horizontal mismatch is understood as formally the same educational level as required for the given job while vertical mismatch denotes another educational level than required for the given job, meaning undereducation or overeducation). The data (...)
Paweł Strawiński, Aleksandra Majchrowska, Paulina Broniatowska (2018/1, Articles,
Wage Returns to Different Education Levels. Evidence from Poland
The aim of the paper is to analyse the changes in the wage premiums for workers with different types and levels of education in Poland.in 1995–2013. Important changes regarding the educational structure of employees have taken place during this period. The share of employed with tertiary education has significantly increased and the share of employed with basic vocational education (...)
Tomasz Sobczak (2017/3, Articles,
Edward Lipiński in Search for a Prospective Model of Socialist Economy
The intellectual legacy of Edward Lipiński is characterized by his interdisciplinary interests: apart from numerous publications on the history of Polish economic thought, there are many works on economic theory and social and economic policy in Poland. As an attentive and engaged economist, Lipiński criticized faults and perversions of the existing socialist economy and indicated the (...)
Christoph Sowada (2016/4, Miscellanea,
Health Insurance Based on Payroll Tax and the Solidarity Principle: Assumptions and Experience
In the health care model prevailing in Poland.and Germany, the health insurance fee, withdrawn as percent of the income earned (payroll tax), is treated as the basic tool for the implementation of the principle of social solidarity in the health domain. In practice, the use of this instrument does not guarantee equal access of all the citizens to public health services, nor does it divide (...)
Joanna Tyrowicz, Wojciech Hardy (2016/2, Articles,
An Attempt at Empirical Verification of the Efficiency Wage Hypothesis in Poland
The efficiency wage hypothesis suggests that wages are higher than labour productivity in labour markets where workers may shirk. The paper presents an attempt to verify empirically prevalence of efficiency wages in Poland. We utilize Labour Force Survey data for the years 1995–2010. Our identification strategy relies on differences in residuals from the Mincer wage regression between (...)
Elżbieta Wojnicka-Sycz (2016/1, Articles,
Innovativeness as a Growth and Development Factor in Poland: an Attempt at Empirical Verification
Innovativeness, refl ected among others in total factor productivity, is currently the key factor of economic growth and development, as well as an important determinant of thecompetitiveness of enterprises and economies. The fi rst part of the article shows the signifi cance of innovativeness as growth and development factor in economic theory and empirical research. The second part of the (...)
Marcin Woźniak (2015/1, Articles,
The paper attempts at the evaluation of the effects of the active labour market programs (ALMP) in Poland. The analysis covers the period between the 1st quarter of 2006 and the 4th quarter of 2012. In order to assess the effects of the ALMP on employment and unemployment, the author has estimated the matching function and analysed the impact of schooling and traineeship programs on pairing (...)
Jakub Kronenberg (2014/6, Articles,
Shale Gas in Poland.and the Natural Resource Curse
The resource curse hypothesis postulates that, often, countries rich in natural resources are not able to fully exploit the economic potential of these resources. It has been observed that the more abundantly a country is endowed with resources, the greater is the likelihood of slow (or even negative) GDP growth rate in that country. The curse of natural resources can have different (...)
Piotr Misztal (2014/3, Articles,
The Phenomenon of Inflation Persistence (Inertia) in Poland
The purpose of this study is to analyze the phenomenon of inflation persistence (inertia) in Poland. Inflation persistence is defined as a strong positive relationship between inflation in the current period and prior periods. This causes difficulties for monetary authorities to reduce inflation after its acceleration, and the necessary adjustments last longer and cause greater volatility (...)
Andrzej K. Koźmiński (2014/2, Articles,
Management Development in Transition Economies
This paper examines impact of quality of management on growth in transition economies. Author refers to the World Management Survey results. Scores obtained by Poland.in this study are explained. Sequential model of management development in transition economies is presented and explained. Cultural changes accompanying this process are examined more closely. Particular importance is (...)
Michał Gradzewicz, Jakub Growiec, Robert Wyszyński (2013/5, Articles,
The Inefficiency of Employment Allocation in the Business Cycle in Poland
The authors have calculated the cyclical component of the inefficiency gap regarding the allocation of employment in the Polish economy in the period 1995 Q1–2011 Q2 and decomposed the inefficiency gap into its component elements related to wage and price markups. Inefficiency gap was found to be strongly procyclical while both markups appeared to be anticyclical. The fluctuations in the (...)
Grażyna Kozuń-Cieślak (2013/3, Articles,
The Effectiveness of Public Investment in Human Capital
Human capital is one of the major factors responsible for economic development; investments made in the human capital add to the wealth of nations, accelerating civilization progress and increasing international competitiveness. The aim of the article is to assess the effectiveness of public investments in human capital in the EU member countries using the linear programming method called (...)
Paweł Bukowski, Martyna Kobus (2012/5, Articles,
Educational Equality of Opportunity in Poland
Education is considered one of the best means in improving equality of opportunity. Based on the PISA 2003 database we evaluate educational equality of opportunity in Poland. Equality of opportunity holds if given eort (learning time) it is impossible to rank distributions of outcomes (performance in mathematics) according to circumstances (parental education level). We nd that the (...)
Marek Ratajczak (2012/3, Articles,
Financialisation of the Economy
Although financialisation is a well known idea in the foreign literature, it is still unrecognised in Poland. The aim of the paper is to clarify the concept of financialisation and discuss some relevant fields of interest. The article presents the notion of financialisation in a narrow sense identified with increasing significance of financial actions in non-financial agents’ economic (...)
The potential accession to the euro zone is a very current issue for Poland. Its importance is increased by the consequences of the recent economic crisis that can be seen in the global economy and particularly in the economies of EU member states. The article presents some findings of studies carried out within the research project “Influence of the accession of Poland.to the euro zone on (...)
Paweł Baranowski (2011/3, Articles,
The paper presents an analysis of the effects of monetary shocks on inflation and output in Poland. The analysis is based on a hybrid neo-Keynesian model with standard Taylor rule and with forward looking rule. The author considers the effects of both the expected and unexpected tightening of monetary policy. The results of the analysis show that: (a) the reactions of inflation and of the (...)
Piotr Misztal (2011/2, Articles,
Interdependence Between Budget and Current Account Deficits in Poland, 1999–2009
The basic aim of the article is theoretical and empirical analysis of the causal relationship between budget and current account deficits in Poland.in the period 1999-2009. In the paper were used methods based on the literature study of international economics and international finance as well as econometric methods (Vector Error Correction Model - VECM). The results of investigation (...)
Kazimierz Łaski, Jerzy Osiatyński, Jolanta Zięba (2010/6, Articles,
Factors of GDP Growth in Poland.and the Czech Republic in 2009
First, the concept of public expenditure multiplier is redefined to allow for import intensity of exports, and its value is estimated for Poland.and the Czech Republic in 2008–2009. Next, on the basis of effective demand model of economic dynamics, there follows a comparative analysis of GDP dynamics in the two countries in 2008-09 and of the factors that in 2009 made the rate of GDP growth (...)
Sławomir Juszczyk (2010/5, Articles,
Predicting Insolvency of Forwarding Enterprises
The aim of the paper is verification of the relevance of existing models for predicting insolvency of forwarding enterprises in the present economic conditions. It is shown that the existing insolvency prediction models have lost some of their forecasting utility. Therefore the author constructed a new discriminate analysis model for forwarding enterprises active in the present economic (...)
Maciej Bałtowski (2010/4, Discussions and polemics,
Andrzej Matysiak (2010/4, Discussions and polemics,
Piotr Misztal (2010/1, Articles,
Main Determinants of the Trade Balance in Poland
The paper deals with short- and long-run relationship between trade balance and exchange rate, national income and money supply in the Poland. The elasticity, absorption and monetary approaches to the balance of payments of Poland.are verified by using the Vector Autoregression Model (VAR). The results of this investigation show that national income and money supply played crucial role as (...)
Henryk Domański, Artur Pokropek (2009/5, Articles,
Regional differentiation of the relationship between the level of education and income
In previous studies on market transition in post-communist societies the link was missing between macro-level regional differences and individuals’ incomes. This analysis, based on the Polish national sample from 2006, is aimed at casting light on regional variation in the influence of education on income levels. Building a conceptual framework based on the theory of human capital we (...)
Piotr Misztal (2009/4, Articles,
Exchange Rate Changes and Price Adjustments in Poland
The aim of the article is to present the influence of exchange rate changes on the price dynamics in Poland. Knowledge of the exchange rate pass-through to prices permits assessment of how exchange rates affect inflation and monetary policy. The phenomenon was found of an incomplete exchange rate pass-through to import, producer and consumer prices in Poland, in the short- and long-run (...)
Tatiana Fic (2009/1, Articles,
Business Cycle in the Economy of Poland. Observations Derived from Markov Chains
The article concentrates on the attempt to identify phases, turning points and the character of business cycle observed in Poland.during 1995–2005. The switch-on and -off Markov models suggested by Hamilton (1989) have been applied. The obtained results indicate that during slowdown periods growth rate amounted to 2%, while during business prosperity the economy grew at the rate of 5.5% per (...)
Paweł Strawiński (2008/4, Miscellanea,
Profitableness of Studies in Poland. Model and Its Results
Stanisław Lis (2008/3, Articles,
Poland’s Accession to the Eurozone – Critical Analysis
The article contains the results of theoretical and empirical analysis of approaches and hypotheses that concern costs and benefits resulting from Poland’s accession to the eurozone. Comparative analysis indicates that the bottom line results of Poland.joining the Economic and Currency Union should be – in the longer run – advantageous. The path leading Poland.to eurozone seems to be (...)
Waldemar Florczak (2008/2, Articles,
Human Capital in Empirics of Growth Modeling
The article surveys empirical research into the influence of human capital upon economic growth. The literature of this topic is very rich, so the survey – can hardly be exhaustive. The main criterion of selection of the reported contributions was their rank in the state of art. The survey can prove useful while investigating the role of human capital in the economic growth of Poland.as it (...)
Stanisław Urban (2008/1, Book Reviews,
Marek Belka (2007/6, Articles,
Enlargement of the European Monetary Union and the perspectives of economic development of Poland
Nowadays Poland.possesses a comparative advantage arising from relatively lower production costs. However, it is apparent, that this advantage is fading away. The sources of the process lie, among others, in Poland’s exposure to manufactures from beyond the European Union, from countries that are developing more dynamically than Poland. This process is unavoidable. Moreover, our lower-cost (...)
Leszek Zienkowski (2007/6, Articles,
Determinants and Perspectives for Economic Growth in the Coming Years
Results of international comparisons that evaluate determinants of economic growth are presented at first. It is noted that Polish economy is located in each sphere at one of the lowest positions among referred to countries. That indicates the need for economic reforms – the most important relate to business conditions and to public finance. However the results of comparative studies (...)
Michał Gradzewicz, Jan Hagemejer (2007/4, Articles,
Monopolistic Markups and Returns to Scale in Poland. Evidence from the Firms Level
This article estimates returns to scale and monopolistic markups on a large sample of Polish firms in the manufacturing and services sectors during 1996–2004. Methodology based on instrumental variables allows joint estimation of both, scale elasticities as well as markups, while the unobserved changes in firm-specific productivities are under control. Results show significant and positive (...)
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