Badanie związków między zmiennymi realnymi a zmiennymi nominalnymi w polskiej gospodarce w latach 1997-2011
Study on the links between real and nominal variables in the polish economy in years 1997-2011
Author(s): Rumiana Górska, Dorota NarojczykSubject(s): Economy, National Economy, Economic history, Public Finances
Published by: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
Keywords: real variables; nominal variables; cross-correlogram; ADL models; interest rate; Gross Domestic Product;
Summary/Abstract: The article presents results of the analysis of links between selected real and nominal variables in the Polish economy in years 1997-2011. Most of the identified dependences appear with delays in time. Economic growth depends mainly on real economy factors. GDP growth and investments impact on the decrease of unemployment rate. The rise of central bank reference rate causes a decrease of inflation rate, but has a negative effect on GDP growth. The inflation is a monetary phenomenon, depends mainly on money supply. The increase of polish foreign debt causes money supply growth.
Journal: Metody Ilościowe w Badaniach Ekonomicznych
- Issue Year: XIII/2012
- Issue No: 3
- Page Range: 97-106
- Page Count: 10
- Language: Polish
