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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 (...)
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