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1

Fundusze unijne a dezindustrializacja województwa podlaskiego

100%
Wyszkowska D.
Optimum. Studia Ekonomiczne
|
2012
|
issue 4(58)
80-106
EN
Modern economies are subject to constant change. Deindustrialisation is an inevitable stage of economic development. However, it also brings about a number of undesirable phenomena associated with structural adjustment. The processes of adjustment can become particularly burdensome for regional economies. To address the problem, the European Union has reformed its structural policy. The new policy, referred to as (regional) cohesion, is a priority tool for the European Union, as testified by the fact that its implementation accounts for more than 43% of the entire EU budget expenditure. In Podlaskie Voivodeship, the changes caused by industrialisation and deindustrialisation, although less visible than in other regions (e.g. without typical behaviour patterns resulting from redundancy processes after the closing of industrial enterprises), bring both positive and negative effects for the region’s economy and society. The financial support received from the EU is intended to accelerate these changes, on the one hand, and to alleviate their negative impact on the other (e.g. by creating additional jobs, increasing the investment attractiveness of regions, and improving the comfort of living of the citizens).
2

Technological development, technological complementarity and structural change

100%
Szalavetz A.
Kozgazdasagi Szemle (Economic Review)
|
2004
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vol. 51
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issue 4
362-378
EN
The paper looks at the relation between technological development and structural change. It tries to say whether technological development leads automatically to an increased level of specialization. The reverse side of the coin is also examined: whether industries in which a country specializes show a higher than average rate of technological development. Finally an opinion is formed on the old question of whether such things as 'good' specializations exist. In the second part, two well-known theories of structural change - multi-stage theory of technological accumulation, and evolutionary theory, explaining economic growth in terms of emergence and development of new industries - are complemented by the theory of technological complementarity.
3

ARE TAYLOR RULES VALID IN CENTRAL EASTERN EUROPEAN COUNTRIES?

88%
Wang Y., Jiang C., Chang H.-L., Su C.-W.
Ekonomický časopis (Journal of Economics)
|
2015
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vol. 63
|
issue 7
665- 685
EN
This study applies a stationary test with the flexible Fourier function proposed by Enders and Lee (2012) to test the validity of Taylor rules to assess the non-stationary properties of the convergence of the real exchange rates for ten Central Eastern European countries. We find that our approximation has a higher power to detect U-shaped breaks and smooth breaks than the linear method if the true data-generating process of exchange rate convergence is in fact a stationary non-linear process. We examine the validity of Taylor rules from the non-linear point of view and provide robust evidence that Taylor rules holds true for seven Central Eastern European countries. These results imply that the choices and effectiveness of the monetary policies in Central Eastern European economies are highly influenced by Taylor rule and also influenced by external factors originating from the United States.
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