WŁAŚCIWOŚCI ZACHOWANIA SIĘ WIELKOŚCI EKONOMICZNYCH W CZASIE CYKLU KONIUNKTURALNEGO W POLSCE
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Date
1999
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Wydział Prawa i Administracji UAM
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PECULIARITIES OF THE COURSE OF MAIN ECONOMIC PARAMETERS UNDER BUSINESS CYCLE IN POLAND
Abstract
The Author discusses peculiarities of foundamental parameters of the economic life under
business cycle in Poland during the recent period of system transformation.
In this respect an analysis of interdependences in fluctuations of the National Gross Product
- seen as a referential sequence - and of such parameters as factory prices and consumer’s prices,
profits of the enterprises, investments and, finally, money supply. Thanks to this proceeding
a pro-cyclic or anti-cyclic character of correlations between all of these data could be determinated.
Additionally, mutual relations between production and consumption, production and investments,
employment and salaries, savings and investments, as well as between budget outcome
and foreign trade balance - have been presented in the article.
The whole of this analysis was to indicate whether the regularities taking place within the
business cycle in Poland do really correspond with phenomenons proper to higher developed market
economies. It came out however that there are only a few of common features. A business cycle
under transformation period has rather its own specificity which is well apart.
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Citation
Ruch Prawniczy, Ekonomiczny i Socjologiczny 61, 1999, z. 2, s. 169-183.