Rozszerzony rachunek wzrostu dla Polski, Czech i Węgier
Streszczenie
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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