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Business Dynamics In Poland In Comparison To Selected Countries

In: ENTERPRISES IN UNSTABLE ECONOMY

Author

Listed:
  • Grzegorz Go³êbiowski

    () (The Faculty of Management and Finance, the University of Finance and Management in Warsaw, Poland)

  • Piotr Russel

    () (The Institute of Finance, Warsaw School of Economics)

Abstract

The paper presents the dynamics of the operation of companies in Poland against the selected EU member states. The conducted analysis has proved that there are major differences between the states in terms of the values of indicators characterising demographic processes occurring among enterprises, such as the birth rate, the death rate, enterprise turnover or the rate of survival. The analysis has also demonstrated that there is a strong positive correlation between enterprise turnover and the GDP both in a sate having very high enterprise turnover (Lithuania) and in a state which is marked by a low value of this indicator (Cyprus). In Poland, enterprise turnover was stable between 2007 and 2011 and fluctuated around 22 and 25 per cent and the rate of births was higher than the rate of deaths each year. Simultaneously, there was an increase in efficiency, which was measured with the relation of the GDP to 1 employed person, by 17.7 per cent (higher efficiency among the 17 states under analysis was recorded only in Bulgaria, Lithuania, Slovakia, and the Czech Republic between 2007 and 2011).

Suggested Citation

  • Grzegorz Go³êbiowski & Piotr Russel, 2015. "Business Dynamics In Poland In Comparison To Selected Countries," GUT FME Conference Publications,in: Blazej Prusak (ed.), ENTERPRISES IN UNSTABLE ECONOMY, chapter 14, pages 182-196 Faculty of Management and Economics, Gdansk University of Technology.
  • Handle: RePEc:gdk:chapte:15
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    File URL: ftp://ftp.zie.pg.gda.pl/RePEc/gdk/chapte/ENTIME2015_CH_14.pdf
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    References listed on IDEAS

    as
    1. Michael Fritsch & Pamela Mueller, 2008. "The effect of new business formation on regional development over time: the case of Germany," Small Business Economics, Springer, vol. 30(1), pages 15-29, January.
    2. Richard Ericson & Ariel Pakes, 1995. "Markov-Perfect Industry Dynamics: A Framework for Empirical Work," Review of Economic Studies, Oxford University Press, vol. 62(1), pages 53-82.
    3. Mark Doms & Eric J. Bartelsman, 2000. "Understanding Productivity: Lessons from Longitudinal Microdata," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 569-594, September.
    4. Masso, Jaan & Eamets, Raul & Philips, Kaia, 2004. "Creative Destruction and Transition: The Effects of Firm Entry and Exit on Productivity Growth in Estonia," IZA Discussion Papers 1243, Institute for the Study of Labor (IZA).
    5. Kornai, Janos, 2013. "Dynamism, Rivalry, and the Surplus Economy: Two Essays on the Nature of Capitalism," OUP Catalogue, Oxford University Press, number 9780199334766.
    6. Caballero, Ricardo J & Hammour, Mohamad L, 1994. "The Cleansing Effect of Recessions," American Economic Review, American Economic Association, vol. 84(5), pages 1350-1368, December.
    7. Marcus Dejardin & Michael Fritsch, 2011. "Entrepreneurial dynamics and regional growth," Small Business Economics, Springer, vol. 36(4), pages 377-382, May.
    8. Audretsch, David B, 1991. "New-Firm Survival and the Technological Regime," The Review of Economics and Statistics, MIT Press, vol. 73(3), pages 441-450, August.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    firm entry/firm exit; business dynamics; international comparison;

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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