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Key Sector Analysis: A Case of the Transited Polish Economy

Author

Listed:
  • Henryk Gurgul

    (University of Science and Technology, Poland)

  • Pawel Majdosz

    (School of Economics and Computer Science, Poland)

Abstract

The transition process from a centrally planned economy to a market economy started in Poland at the beginning of the 1990s. In this paper we try to answer the question in which direction has the structure of Polish economy changed, if indeed it has. By means of the key sector analysis applied to the Polish input-output tables that come from the period 1990–2000, we find that the structure of the Polish economy still remains characteristic of a centrally planned economy rather than a market economy. Although, in the last year of the period under study, the first improvement symptoms could be observed (the increased significance of services in the Polish economy) but there is still a lot of work to be done. An inefficient operation in the case of some sectors reaches a considerable level. This is reflected by the structure of the most important input-output coefficients, of which, the most important inputs are located on the diagonal of the sensitive matrix.

Suggested Citation

  • Henryk Gurgul & Pawel Majdosz, 2005. "Key Sector Analysis: A Case of the Transited Polish Economy," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 3(1), pages 95-111.
  • Handle: RePEc:mgt:youmgt:v:3:y:2005:i:1:p:95-111
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    File URL: http://www.fm-kp.si/zalozba/ISSN/1581-6311/3_095-111.pdf
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    Cited by:

    1. Henryk Gurgul & Łukasz Lach, 2016. "Simulating evolution of interindustry linkages in endogenous dynamic IO model with layers of techniques," Metroeconomica, Wiley Blackwell, vol. 67(4), pages 632-666, November.
    2. Henryk Gurgul & Pawel Majdosz, 2008. "The Modified Diagonalization Method for Analysing Clusters within Economies," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 6(1), pages 53-73.

    More about this item

    Keywords

    input-output tables; transition; key sector analysis;

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform

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