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EN
The aim of our research is to examine how individual dimensions of globalization affect economic poverty in the World. For this, regression models are estimated with FGT0 or FGT1 poverty measures as dependent variables and KOF indices of globalization as dependent variables. The poverty indices are estimated for 119 countries’ income distributions assuming log-normality and using Gini estimates from the WID2 database and GDP/capita from The World Bank database for the years 1990-2005. It has turned out that the “partial” impact of selected dimension of globalization on poverty is either linear or nonlinear, ceteris paribus. The nonlinear impact is of the U-shaped form or the inverted U-shaped form. Our results contradict some typical ‘linear’ findings when poverty measures are regressed only on one dimension of globalization. In other words, when some crucial dimensions of globalization are neglected in regression analysis the conclusions about impact of globalization on world poverty could be misleading.
PL
W pracy traktujemy konkurencyjność międzynarodową (ang. International Competitiveness - IC) jako katalizator produktywności. Zbudowaliśmy teoretyczny model rozwoju gospodarczego, w którym IC wchodzi w interakcję z klasycznymi czynnikami produkcji. Model ujawnia, że składowe IC zwiększają produktywność, ale nie zużywają się w trakcie interakcji z czynnikami produkcji. Wykazaliśmy również, że korzyści kraju z IC zależą zarówno od poziomu IC, jak również poziomu kapitału na pracownika. Oszacowano parametry modelu teoretycznego, korzystając z danych panelowych dla krajów strefy euro w latach 2006-2011.
EN
In the paper, we treat international competitiveness (IC) as a catalyst of productivity. We build a theoretical model of economic development where IC interacts with classical factors of productivity. The model shows that the components of IC enhance a nation’s productivity but they are not consumed when interacting with production factors. We also show that a country’s productivity gain due to IC depends both on the IC level and the level of physical capital per worker. We estimate the theoretical model using panel data euro zone countries in the years 2006-2011.
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