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Fixed capital and long run economic growth: evidence from Poland

Lach, Łukasz - Volkswirtschaftliche Fakultät, … - 2010

employment was chosen as an additional variable. The significant evidence of short run feedback between fixed assets and GDP as … well as between fixed assets and employment were found in both periods analyzed. However, the long run positive impact of …

Persistent link: https://www.econbiz.de/10011261069

The association between stock market and exchange rates for advanced and emerging markets – A case study of the Swiss and Polish economies

Gurgul, Henryk; Lach, Łukasz - Volkswirtschaftliche Fakultät, … - 2012

This paper investigates the differences in structures of causal relationships between stock and currency markets for advanced and emerging economies on the example of Switzerland and Poland. The bootstrap–based linear causality analysis as well as nonlinear causality tests were conducted for...

Persistent link: https://www.econbiz.de/10011259841

The nexus between economic freedom and growth: Evidence from CEE countries in transition

Gurgul, Henryk; Lach, Łukasz - Volkswirtschaftliche Fakultät, … - 2011

This study sought to examine the causal links between economic freedom and economic growth of new EU members in transition in the period 2000-2009. The empirical results suggest significant causality running from monetary and fiscal freedom, trade openness, regulation of credit, labour, and...

Persistent link: https://www.econbiz.de/10011258855

The interdependence between energy consumption and economic growth in the Polish economy in the last decade

Gurgul, Henryk; Lach, Łukasz - Volkswirtschaftliche Fakultät, … - 2011

Polish economy and GDP. In order to assure the correctness of computations a third variable – employment – was included in … between employment and GDP for short– and long–run term were detected, which provided a basis for claiming that changes of … energy use in Poland are related in the sense of Granger causality to the employment. Because of the relatively small dataset …

Persistent link: https://www.econbiz.de/10011258970

Political instability and economic growth: Evidence from two decades of transition in CEE

Gurgul, Henryk; Lach, Łukasz - Volkswirtschaftliche Fakultät, … - 2012

This paper examines the nexus between political instability and economic growth in 10 CEE countries in transition in the period 1990-2009. Our results support the contention that political instability defined as a propensity for government change had a negative impact on growth. On the other...

Persistent link: https://www.econbiz.de/10011259433

Oil usage, gas consumption and economic growth: Evidence from Poland

Lach, Łukasz - Volkswirtschaftliche Fakultät, … - 2014

This paper investigates causal links between economic growth, oil consumption and natural gas usage in Poland on the basis of quarterly data for the period Q1 2000 – Q4 2009. The application of the Toda–Yamamoto procedure, a nonlinear Granger causality test, bootstrap techniques and an...

Persistent link: https://www.econbiz.de/10011259721

Political instability and economic growth: Evidence from two decades of transition in CEE

Gurgul, Henryk; Lach, Łukasz - Volkswirtschaftliche Fakultät, … - 2013

Persistent link: https://www.econbiz.de/10011260644

Two deficits and economic growth: Case of CEE countries in transition

Gurgul, Henryk; Lach, Łukasz - Volkswirtschaftliche Fakultät, … - 2012

The main goal of this contribution was to provide evidence on the dynamic interdependencies between economic growth and budget and trade deficits in ten new EU members in transition in the last decade. It is worth to note that beside establishing directions of causal relationships this paper...

Persistent link: https://www.econbiz.de/10011260691

The role of coal consumption in the economic growth of the Polish economy in transition

Gurgul, Henryk; Lach, Łukasz - Volkswirtschaftliche Fakultät, … - 2011

and GDP. For the sake of accurate computation an additional variable – employment – was also taken into account …–related variable was found to have a nonlinear causal impact on employment. Because of the relatively short length of available time …

Persistent link: https://www.econbiz.de/10011260744

The Nexus between Improvements in Economic Freedom and Growth: Evidence from CEE Countries in Transition

Gurgul, Henryk; Lach, Łukasz - Volkswirtschaftliche Fakultät, … - 2011

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...

Persistent link: https://www.econbiz.de/10011260840