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2012 | 1–2/2012 (14–15) | 16 - 24

Article title

Terms of trade i wzrost gospodarczy w Polsce w okresie 1980–2009

Authors

Content

Title variants

EN
Terms of trade and economic growth in Poland in the period 1980–2009

Languages of publication

PL

Abstracts

PL
Celem artykułu jest analiza oddziaływania zmian cenowych terms of trade i zmienności terms of trade na wzrost gospodarczy w Polsce w okresie 19802009. Wyniki badań przeprowadzonych za pomocą modelu wektorowej autoregresji (VAR) ujawniły, że poprawa cenowych terms of trade w Polsce prowadził do wzrostu dynamiki PKB per capita, zaś wzrost zmienności cenowych terms of trade przyczyniać się do zmniejszenia tempa wzrostu PKB na mieszkająca w Polsce. Ponadto potwierdzono stosunkowo większe oddziaływanie zmian cenowych terms of trade niż zmienności terms of trade na dynamikę wzrostu gospodarczego w Polsce. Wykazano również, że zmiana cenowych terms of trade i zmienność terms of trade wyjaśniały w zbliżonym stopniu zmienność PKB per capita w Polsce w okresie 19802009.
EN
This article aims to analyze the impact of changes in terms of trade and terms of trade volatility on economic growth in Poland in the period 19802009. The results of tests using the vector autoregressive model (VAR) revealed that improved terms of trade in Poland led to increased dynamics of GDP per capita, while the increase in terms of trade volatility reduced the growth rate of GDP per capita in Poland. In addition, there was confirmed the greater impact of changes in terms of trade, than the terms of trade volatility on the dynamics of economic growth in Poland. It was also demonstrated that the change in terms of trade and volatility of terms of trade, explained in a similar degree the variation of GDP per capita in Poland in the period 19802009.

Year

Pages

16 - 24

Physical description

Dates

published
2012-09-30

Contributors

author
  • Uniwersytet Technologiczno-Humanistyczny w Radomiu

References

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  • Prebisch, R. (1950). The Economic Development of Latin American and Its Principal Problems Lake Success. New York: United Nations, Department of Economic Affairs.
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  • Turnovsky, S.J. i Chattopadhyay, P. (2003). Volatility and growth in developing economies: some numerical results and empirical evidence. Journal of International Economics, 59.
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Document Type

Publication order reference

Identifiers

ISSN
1733-9758

YADDA identifier

bwmeta1.element.desklight-3b303b12-fd1e-4681-b607-785fce78926d
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