Ekonometryczna analiza wpływu czynników subiektywnych na działalność spółek notowanych na Giełdzie Papierów Wartościowych w Warszawie
Econometric analysis of subjective factors' impact in chosen companies registered on Warsaw Stock Exchange

Summary/Abstract: In the article impact of subjective (psychological and sociological) factors on economic phenomena was discussed and emphasized. Econometric methods enabling taking such impact into account were presented. Proposed procedures are based mostly on the concept that presence of subjective factors could be accounted by means of dummy variables. In empirical example impact of subjective factors on economic activities was analyzed for companies of electromechanical industry recorded on Warsaw Stock Exchange. Such impact seemed to be important in case of two companies (Amica Wronki S.A., Kopex S.A.). It was also showed that taking into account impact of subjective factors improves quality of econometric estimation

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