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Rola usług rynkowych w procesach rozwojowych gospodarki Polski

Author

Listed:
  • Growiec, Jakub
  • Gradzewicz, Michał
  • Hagemejer, Jan
  • Jankiewicz, Zofia
  • Popowski, Piotr
  • Puchalska, Katarzyna
  • Strzelecki, Paweł
  • Tyrowicz, Joanna

Abstract

The study aims to either validate or disprove the hypothesis that market services, alongside industry, played a key role in spurring the development of the Polish economy in 1995-2012. The authors conduct a multifaceted empirical analysis that addresses a range of research questions related to the role of structural change and variations in relative prices in economic growth. The article also examines the behavior of industry and services during a business cycle and the internal differentiation of market services. The results of the authors’ macroeconomic analyses are based on national accounts data from 1995-2012. The article scrutinizes differences across service sectors in terms of the levels and dynamics of labor productivity and employment, based on firm-level data from 2005-2012. The authors find that the role of market services in employment in Poland steadily increased in 1995-2012. At the same time, due to technological change, industry enjoyed stronger growth in labor productivity and total factor productivity (TFP). The prices of manufactured goods steadily fell compared with services. However, the cyclical variability of employment and value added was clearly lower in market services. Due to substantial heterogeneity across firms within the considered categories, the authors say they were “unable to identify significantly higher dynamics of exports-intensive, capital-intensive, business-to-business (B2B) or knowledge-based services.” On the basis of their research, the authors predict that, due to the increasing role of market services, Poland’s economic growth will be slower but more stable in the future.

Suggested Citation

  • Growiec, Jakub & Gradzewicz, Michał & Hagemejer, Jan & Jankiewicz, Zofia & Popowski, Piotr & Puchalska, Katarzyna & Strzelecki, Paweł & Tyrowicz, Joanna, 2015. "Rola usług rynkowych w procesach rozwojowych gospodarki Polski," Gospodarka Narodowa-The Polish Journal of Economics, Szkoła Główna Handlowa w Warszawie / SGH Warsaw School of Economics, vol. 2015(2), April.
  • Handle: RePEc:ags:polgne:358803
    DOI: 10.22004/ag.econ.358803
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    References listed on IDEAS

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    Cited by:

    1. Kwiatkowski Eugeniusz & Szymańska Agata, 2022. "Sectoral changes of employment in Poland during the COVID-19 pandemic: Are reallocation shock effects applicable?," Economics and Business Review, Sciendo, vol. 8(2), pages 113-144, July.
    2. Kuźnar, Andżelika, 2016. "Poland’s Trade in Services with Germany – EU Membership Experience," Problems of World Agriculture / Problemy Rolnictwa Światowego, Warsaw University of Life Sciences, vol. 16(31), pages 1-15, December.

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    Keywords

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    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L80 - Industrial Organization - - Industry Studies: Services - - - General
    • L90 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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