Analysis of the Cobb-Douglass Production Functions as a Tool to Investigate the Impact of FDI Inflow on Gross Domestic Product Value in Poland in the Period 1994-2012

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dc.contributor.authorKosztowniak, Aneta
dc.contributor.organizationUniwersytet Technologiczno-Humanistyczny w Radomiupl_PL
dc.date.accessioned2016-07-26T10:51:52Z
dc.date.available2016-07-26T10:51:52Z
dc.date.issued2014
dc.description.abstractThe purpose of this paper is to analyse the impact of foreign direct investments net inflows on changes in GDP value in Poland in the period between 1994 and 2012 with the use of the Cobb-Douglas production function. The paper consist of five parts. Parts I and II present some aspects of the FDI influence on economic growth from the theoretical and empirical point of view. Part III defines conditions indispensable for the positive FDI impact on the economy of the host country. Part IV outlines changes of FDI flows in Poland in the period of 1994-2012. Part V includes the main assumptions of the Cobb-Douglas production function and an estimate of changes in GDP value for Poland in the period 1994–2012 with the use of the VECM. The factors significant for economic growth are also identified, including the significance of the net FDI inflows. Eventually, the effect of gross fixed capital formation, employment, FDI net inflows, exports and R&D on changes in the GDP value are determined.pl_PL
dc.description.epersonAneta Kosztowniak
dc.identifier.issn2083-1277
dc.identifier.urihttps://open.icm.edu.pl/handle/123456789/10108
dc.publisherInstitute of Economic Research & Polish Economic Society Branch in Toruńpl_PL
dc.rightsUznanie autorstwa-Bez utworów zależnych 3.0 Polska
dc.rights.urihttp://creativecommons.org/licenses/by-nd/3.0/pl/
dc.subjectVECM (Vector Error Corection Model)pl_PL
dc.subjectCobb-Douglas production functionpl_PL
dc.subjectGDPpl_PL
dc.subjectFDIpl_PL
dc.titleAnalysis of the Cobb-Douglass Production Functions as a Tool to Investigate the Impact of FDI Inflow on Gross Domestic Product Value in Poland in the Period 1994-2012pl_PL
dc.typearticlepl_PL
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