WZROST GOSPODARCZY A ZAPOTRZEBOWANIE NA PRACĘ – TEORIA I RZECZYWISTOŚĆ GOSPODARCZA POLSKI W LATACH 1995–2014
ECONOMIC GROWTH AND LABOR DEMAND – THEORY AND REALITY OF POLISH ECONOMY IN PERIOD 1995–2014

Summary/Abstract: In the beginning of the theoretical part of the paper the macroeconomic concepts of the demand for labour in condition of technical progress and in process of changing the capital was presented. Then some assumptions for model describing the relationship between the rates of employment growth and the rates of GDP growth were formulated. In the empirical part of the paper same selected estimated versions of the considered model for Polish economy were presented. In the process of estimation the yearly statistical data for period 1995–2014 were applied. During the specification, estimation and verification processes were taking into account assumptions which were formulated for considering cause-effect relationship. As a result of this specification procedure two periods of time were separated. For them the effects of influence the capital growth and the technical progress into the employment rate of growth were not similar. Moreover, the limit GDP rates of growth for which the employment rate of growth was positive had been estimated. Limit rate for the period from 1996 to 2004 was equal about to 4.7–5.4%. For the period from 2005 to 2014 this limit GDP rate of growth was smaller, equal about to 1.9–2.3%. The last result is similar to the level of this type of parameter which characterized majority of West European countries.

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