GROWTH AND STRUCTURAL CHANGES IN TRANSITION COUNTRIES: THE CHICKEN OR THE EGG? - Publikacja - MOST Wiedzy

Twoje konto

zaloguj

Wyszukiwarka

GROWTH AND STRUCTURAL CHANGES IN TRANSITION COUNTRIES: THE CHICKEN OR THE EGG?

Abstrakt

The objective of this study is to test empirically the relationship between structural changes (changes in gross value added and employment) and economic growth. We used a panel Granger-causality analysis based on annual data for eight transition countries, covering the period 1995–2011. The main finding is that the causality relations analysed are heterogeneous processes and are identified more often when we measure structural changes by value added than by changes in employment. Among the countries analysed, we separate a subgroup of economies with very strong bilateral causality (small countries such as Latvia, Lithuania, and Estonia), a subgroup in which no causal relationships are observed (e.g., Hungary in the case of employment), and a group with a one-directional relationship (e.g., Poland, where GDP changes cause employment changes, but not vice versa). The research results point to the necessity of taking into account different relationships, whether one- or two-directional, between growth and structural changes in government economic policy. The paper presents a verifiable methodology, which was originally used to identify the analysed relationship in transition countries.

Cytowania

  • 8

    CrossRef

  • 0

    Web of Science

  • 8

    Scopus

Autorzy (2)

Cytuj jako

Pełna treść

pobierz publikację
pobrano 147 razy
Wersja publikacji
Accepted albo Published Version
Licencja
Creative Commons: CC-BY otwiera się w nowej karcie

Słowa kluczowe

Informacje szczegółowe

Kategoria:
Publikacja w czasopiśmie
Typ:
artykuł w czasopiśmie wyróżnionym w JCR
Opublikowano w:
Journal of Business Economics and Management nr 19, wydanie 3, strony 544 - 565,
ISSN: 1611-1699
Język:
angielski
Rok wydania:
2018
Opis bibliograficzny:
Olczyk M., Kordalska A.: GROWTH AND STRUCTURAL CHANGES IN TRANSITION COUNTRIES: THE CHICKEN OR THE EGG?// Journal of Business Economics and Management. -Vol. 19, iss. 3 (2018), s.544-565
DOI:
Cyfrowy identyfikator dokumentu elektronicznego (otwiera się w nowej karcie) 10.3846/jbem.2018.6580
Weryfikacja:
Politechnika Gdańska

wyświetlono 303 razy

Publikacje, które mogą cię zainteresować

Global Competitiveness and Economic Growth: A One-Way or Two-Way Relationship?

2016

Enhancing women’s engagement in economic activities through information and communication technology deployment: evidence from Central–Eastern European countries

2020

Global value chains and productivity gains: a cross-country analysis

2016

Fertility rebound and economic growth. New evidence for 18 countries over the period 1970-2011.

2015
Meta Tagi