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Rejoinder to Perspectival representation in DSGE models by Paweł Kawalec

100%
Kolasa M.
Economics and Business Review
|
2017
|
vol. 3(17)
|
issue 3
148-150
2
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Rozszerzony rachunek wzrostu dla Polski, Czech i Węgier

63%
Doebeli B., Kolasa M.
Acta Universitatis Lodziensis. Folia Oeconomica
|
2007
|
vol. 213
PL
Wcześniejsza wersja artykułu została opublikowana w „Gospodarce Narodowej” (Nr 9, 2005). Wydrukowano z dostarczonych Wydawnictwu UŁ gotowych materiałów.
EN
This paper compares the growth performance of Poland with two other new EU member states, the Czech Republic and Hungary, using the extended growth accounting framework. The index number techniques applied allow to treat the effect of changes in terms of trade on real domestic income in an explicit way. The main results show that the average GDP growth rate in Poland over the period of 1995-2002 was highest among the three countries considered. However, after correcting for changes in terms of trade, this advantage turns out to be significantly smaller. The main factors behind growth in real domestic income in all three countries were productivity gains and capital accumulation.
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