IDEAS home Printed from https://ideas.repec.org/a/ags/polgne/359050.html

Efektywność finansowa specjalnych stref ekonomicznych w Polsce

Author

Listed:
  • Lichota, Wojciech

Abstract

The study evaluates of the financial effectiveness of special economic zones (SEZ) in Poland. The author investigates factors influencing the financial performance of the zones by analyzing the benefits and costs of SEZ operations in Poland. The study covers the period of 1996–2012. The analysis shows that the benefits of SEZ operation substantially outweigh the costs. As of the end of 2012, the cumulative benefits amounted to PLN 80.9 billion, while total costs were PLN 15.4 billion. The article includes an assessment of the financial standing of 50 enterprises operating in Poland’s special economic zones, based on their financial statements. The author uses discriminatory and logit methods and investigates banking procedures to determine the financial standing of companies. The analysis finds that 48 companies had a good financial standing while two were not doing well financially. The article assesses the impact of the economic crisis on the performance of Poland’s special economic zones. The author examines the impact of the latest crisis on the financial standing of companies. The research indicates that Poland’s special economic zones are effective financially. Even though their operation has generated a great deal of controversy, they have contributed to the economic development of the country, mainly through the creation of new jobs.

Suggested Citation

  • Lichota, Wojciech, . "Efektywność finansowa specjalnych stref ekonomicznych w Polsce," Gospodarka Narodowa-The Polish Journal of Economics, Szkoła Główna Handlowa w Warszawie / SGH Warsaw School of Economics, vol. 2016(1).
    • Handle: RePEc:ags:polgne:359050
    DOI: 10.22004/ag.econ.359050
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/359050/files/Lichota.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.359050?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Creskoff, Stephen & Walkenhorst, Peter, 2009. "Implications of WTO disciplines for special economic zones in developing countries," Policy Research Working Paper Series 4892, The World Bank.
    2. Michael Engman & Osamu Onodera & Enrico Pinali, 2007. "Export Processing Zones: Past and Future Role in Trade and Development," OECD Trade Policy Papers 53, OECD Publishing.
    3. repec:wbk:wbpubs:2268 is not listed on IDEAS
    4. Joachim Ahrens & Astrid Meyer-Baudeck, 1995. "Special economic zones: Shortcut or roundabout way towards capitalism?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 30(2), pages 87-95, March.
    5. Emel, Ahmet Burak & Oral, Muhittin & Reisman, Arnold & Yolalan, Reha, 2003. "A credit scoring approach for the commercial banking sector," Socio-Economic Planning Sciences, Elsevier, vol. 37(2), pages 103-123, June.
    6. John Litwack & Yingyi Qian, "undated". "Balanced or Unbalanced Development: Special Economic Zones as Catalysts for Transition," Working Papers 97044, Stanford University, Department of Economics.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wojciech Lichota, 2016. "Efektywność finansowa specjalnych stref ekonomicznych w Polsce," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 1, pages 99-130.
    2. Moberg, Lotta, 2015. "The political economy of special economic zones," Journal of Institutional Economics, Cambridge University Press, vol. 11(1), pages 167-190, March.
    3. Andrés Rodríguez‐Pose & Federico Bartalucci & Susanne A. Frick & Amelia U. Santos‐Paulino & Richard Bolwijn, 2022. "The challenge of developing special economic zones in Africa: Evidence and lessons learnt," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(2), pages 456-481, April.
    4. Ayçıl Yücer & Jean-Marc Siroën, 2017. "Trade Performance of Export Processing Zones," The World Economy, Wiley Blackwell, vol. 40(5), pages 1012-1038, May.
    5. Konstantinos J. Hazakis, 2014. "The rationale of special economic zones (SEZs): An Institutional approach," Regional Science Policy & Practice, Wiley Blackwell, vol. 6(1), pages 85-101, March.
    6. Jean-Marc Siroën & Ayçil Yücer, 2014. "Trade Performance of Free Trade Zones," Working Papers DT/2014/09, DIAL (Développement, Institutions et Mondialisation).
    7. Nazarczuk, Jarosław M. & Umiński, Stanisław, 2019. "Foreign Trade in Special Economic Zones in Poland," EconStor Books, ZBW - Leibniz Information Centre for Economics, number 204302, June.
    8. Miroslav N. Jovanović, 2019. "The Supply Chain Economy: How Far does it Spread in Space and Time?," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 72(4), pages 393-452.
    9. Ziyi Wei & Quyen T. K. Nguyen, 2020. "Local responsiveness strategy of foreign subsidiaries of Chinese multinationals: The impacts of relational-assets, market-seeking FDI, and host country institutional environments," Asia Pacific Journal of Management, Springer, vol. 37(3), pages 661-692, September.
    10. DE CNUDDE, Sofie & MOEYERSOMS, Julie & STANKOVA, Marija & TOBBACK, Ellen & JAVALY, Vinayak & MARTENS, David, 2015. "Who cares about your Facebook friends? Credit scoring for microfinance," Working Papers 2015018, University of Antwerp, Faculty of Business and Economics.
    11. Picarelli, Nathalie, 2016. "Who really benefits from export processing zones? Evidence from Nicaraguan municipalities," Labour Economics, Elsevier, vol. 41(C), pages 318-332.
    12. Fabrice Defever & José‐Daniel Reyes & Alejandro Riaño & Miguel Eduardo Sánchez‐Martín, 2019. "Special Economic Zones and WTO Compliance: Evidence from the Dominican Republic," Economica, London School of Economics and Political Science, vol. 86(343), pages 532-568, July.
    13. Fabrice Defever & Alejandro Riaño, 2016. "Protectionism through Exporting: Subsidies with Export Share Requirements in China," Discussion Papers 2016-03, University of Nottingham, GEP.
    14. Artur Wyszyński, 2017. "Sytuacja finansowa klubów Ekstraklasy w ujęciu metody DEA," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 69-99.
    15. Teresa Cheng, . "From special economic zones to greater special economic region – Hong Kong Special Administrative Region as a model for legal infrastructure design," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    16. Peter Hancock & Jonathan Georgiou, 2017. "The Use of Language to Disempower: Two Related Studies of Women in Sri Lanka," Journal of Developing Societies, , vol. 33(1), pages 27-50, March.
    17. Nebojša Stojčić & Korneliusz Pylak & Dubravka Jurlina Alibegović, 2022. "The spatial impact of entrepreneurial zones: firm, city and inter-city evidence," Regional Studies, Taylor & Francis Journals, vol. 56(12), pages 2164-2176, December.
    18. Emiko Fukase & Will Martin, 2016. "Agro-processing and horticultural exports from Africa," WIDER Working Paper Series wp-2016-174, World Institute for Development Economic Research (UNU-WIDER).
    19. Hsiang-Hsi Liu & Tser-Yieth Chen & Jia-Wen Chen, 2013. "Incorporating the Credit Ranking Measure to Evaluate the Operating Efficiency of Financial Holding Companies in Taiwan," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(10), pages 1386-1404, October.
    20. Tantri, Malini L., 2014. "Promises and paradoxes of SEZs expansion in India," Working Papers 331, Institute for Social and Economic Change, Bangalore.

    More about this item

    Keywords

    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:polgne:359050. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/irsghpl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.