Empirical analysis of the impact of selected factors on economic growth Cover Image

Empiryczna analiza wpływu wybranych czynników na wzrost gospodarczy
Empirical analysis of the impact of selected factors on economic growth

Author(s): Bartosz Totleben
Subject(s): Economic development, Socio-Economic Research
Published by: Główny Urząd Statystyczny
Keywords: empirical analysis; economic growth; factors of economic growth; linear regression

Summary/Abstract: The article examines the impact of selected variables such as the level of government spending, inflation, school enrollment, FDI, innovation and economic freedom on GDP per capita level. To do so, linear regression, Granger causality test and general method of moments are employed. The research takes into consideration 59 countries, divided into 4 groups accordingly to GNP. The results confirm stated hypothesis, i.e. selected variables determine economic growth, what coincides with the analysis of literature.

  • Issue Year: 60/2015
  • Issue No: 01
  • Page Range: 42-59
  • Page Count: 18
  • Language: Polish