BazEkon - Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie

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Autor
Doebeli Barbara (Swiss National Bank), Kolasa Marcin (National Bank of Poland; Ph.d. candidate Warsaw School of Economics)
Tytuł
Impact of Changes in the Prices of Goods on the Growth of Gross Domestic Product in Poland, the Czech Republic and Hungary
Źródło
The National Economy, 2006, nr Special Issue, s. 79-99, rys., tab., wykr., bibliogr. 16 poz.
Gospodarka Narodowa
Słowa kluczowe
Ceny, Produkt krajowy brutto (PKB), Indeks cen, Terms of trade
Prices, Gross domestic product (GDP), Price index, Terms of trade
Uwagi
summ.
Kraj/Region
Republika Czeska, Węgry, Polska
Czech Republic, Hungary, Poland
Abstrakt
The authors analyze the importance of the key factors behind real GDP growth in Poland against the background of two other new EU member states, Hungary and the Czech Republic. The analysis makes use of an "index decomposition method" that directly takes into account the influence of changes in terms of trade. The authors highlight potential traps resulting from the interpretation of real GDP as an indicator of real incomes under changing terms of trade. Notably, average annual GDP growth in Poland in 1995-2002 was much higher than in other new EU member states, but in the case of real GDP growth, that prevalence proved to be much smaller. The most important factors behind GDP growth in the three analyzed countries were an increase in productivity and the accumulation of capital. (original abstract)
Dostępne w
Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie
Biblioteka SGH im. Profesora Andrzeja Grodka
Biblioteka Główna Uniwersytetu Ekonomicznego w Poznaniu
Bibliografia
Pokaż
  1. Arrow K., Chenery B., Minhas B., Solow R., [1961], Capital-Labor Substitution and Economic Efficiency, "Review of Economics and Statistics", 45, 225-247.
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  3. Diewert W.E., [1974], Applications of duality theory, in: Intriligator M.D., Kendrick D.A. (eds.), Frontiers of Quantitative Economics, vol. 2, North-Holland, Amsterdam, 106-171.
  4. Diewert W.E., Morrison C.J., [1986], Adjusting Output and Productivity Indexes for Changes in the Terms of Trade, "Economic Journal", 96, 659-679.
  5. Easterly W., Kremer M., Pritchett L., Summers L., [1993], Good policy or good luck? Country growth performance and temporary shocks, "Journal of Monetary Economics", 32, 459-483.
  6. Kohli U., [1990], Growth Accounting in the Open Economy. Parametric and Nonparametric Estimates, "Journal of Economic and Social Measurement", 16, 125-136.
  7. Kohli U., [1991], Technology, Duality, and Foreign Trade. The GNP Function Approach to Modeling Imports and Exports. London, Harvester Wheatsheaf and Ann Arbor, MI, University of Michigan Press.
  8. Kohli U., Werner A., [1998], Accounting for South-Korean GDP Growth. Index Number and Econometric Estimates, "Pacific Economic Review", 3:2, 133-152.
  9. Kohli U., [2002], Terms-of-trade changes and real GDP. Evidence from Switzerland, "SNB Quarterly Bulletin, 20, 2, Swiss National Bank".
  10. Kohli U., [2003], Growth Accounting in the Open Economy. International Comparisons, "International Review of Economics and Finance", 12, 417-435.
  11. Kohli U., [2004], An Implicit Törnqvist Index of Real GDP, "Journal of Productivity Analysis", 21, 3, 337-353.
  12. Kohli U., [2004], Real GDP, real domestic income, and terms-of-trade changes, "Journal of International Economics", 62, 83-106.
  13. Parente S.L., Prescott E.C., [2000], Barriers to Riches, MIT Press, Cambridge.
  14. Pula G., [2003], Capital Stock Estimation in Hungary. A Brief Description of Methodology and Results, MNB Working Paper 2003/7, National Bank of Hungary.
  15. Solow R.M., [1957], Technical change and the aggregate production function, "Review of Economics and Statistics", 39, 312-320.
  16. Zienkowski L., [2001], Co to jest PKB? Jego rola w analizach ekonomicznych i prognozowaniu, Elipsa, Warszawa.
Cytowane przez
Pokaż
ISSN
0867-0005
Język
eng
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