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2005 | 202 | 9 | 25-45

Article title

Rola zmian cen dóbr handlowych we wzroście dochodu krajowego Polski, Czech i Węgier

Content

Title variants

EN
Changes in the Prices of Goods and Their Effect on the Growth of Gross Domestic Product in Poland, the Czech Republic and Hungary

Languages of publication

PL

Abstracts

EN
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.

Keywords

Year

Volume

202

Issue

9

Pages

25-45

Physical description

Dates

published
2005-09-30

Contributors

References

Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.doi-10_33119_GN_101512
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