The impact of fiscal policy instruments to fluctuations
cyclical in the Polish economy Cover Image

Wpływ instrumentów polityki fiskalnej na wahania koniunkturalne w gospodarce polskiej
The impact of fiscal policy instruments to fluctuations cyclical in the Polish economy

Author(s): Joanna Spychała
Subject(s): Socio-Economic Research
Published by: Wydawnictwo Uniwersytetu Rzeszowskiego
Keywords: economic fluctuations; business cycle

Summary/Abstract: The article examined the impact of the tools used in fiscal policy to changes in economic activity.Given the way the impact of the various fiscal instruments is not always consistent with theassumptions theoretically, in practice these instruments show a stabilizing or destabilizing. The mainobjective of this article is to attempt to empirically investigate the nature of the impact of selectedmeasurable instruments of fiscal policy on economic activity in Poland in the years 2001–2013.On this basis, it was assessed the effectiveness of these instruments in the policy pursued countercyclical.The analysis was supplemented presentation of the most important morphological characteristicsof cyclical fluctuations in the economy distinguished Polish basis of the GDP of adjustedCPI. The study hypothesized that implemented in Poland, fiscal policy in a low degree is aimed atachieving the objectives of counter-cyclical. With the considerations concerning the effectiveness ofthe Polish economy, counter-cyclical measures can be concluded that this policy is characterized bylow efficiency. Fiscal policy implemented in Poland was not consistent and poorly oriented to theachievement of the objectives of counter-cyclical, which confirmed the hypothesis formulated in theintroduction. Directions of changes in the use of the majority of fiscal instruments in the course ofthe business cycle have been inconsistent with the demands of theoretical and attention that focuseson tax instruments.

  • Issue Year: 2017
  • Issue No: 52
  • Page Range: 136-145
  • Page Count: 10
  • Language: Polish
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