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A Spatial SAR Model in Evaluating Influence of Entrepreneurship and Investments on Unemployment in Poland

Author

Listed:
  • Michal Bernad Pietrzak

    (Nicolaus Copernicus University, Poland)

  • Adam P. Balcerzak

    (Nicolaus Copernicus University, Poland)

Abstract

The research objective of the article is to analyse the impact of changes in the level of entrepreneurship and business investments on unemployment in Poland with the application of spatial econometrics methodology. A spatial SAR model was used to model unemployment, since this phenomenon exhibits the presence of positive spatial dependence. The research was done for 66 regions at NUTS 3 level for the year 2015. In order to provide interpretations of the results measures of average impact such as average direct impact, average indirect impact and average induced impact were applied. The obtained results indicate a positive impact of entrepreneurship and investment on decline in unemployment rate and improvement of Poland’s socio-economic situation.

Suggested Citation

  • Michal Bernad Pietrzak & Adam P. Balcerzak, 2016. "A Spatial SAR Model in Evaluating Influence of Entrepreneurship and Investments on Unemployment in Poland," Working Papers 2/2016, Institute of Economic Research, revised Feb 2016.
    • Handle: RePEc:pes:wpaper:2016:no2
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    Cited by:

    1. Adam P. Balcerzak & Michal Bernard Pietrzak, 2016. "Dynamic Panel Analysis of Influence of Quality of Human Capital on Total Factor Productivity in Old European Union Countries," Working Papers 19/2016, Institute of Economic Research, revised May 2016.
    2. Michał Barnard Pietrzak & Adam P. Balcerzak & Artur Gajdos & Łukasz Arendt, 2017. "Entrepreneurial environment at regional level: the case of Polish path towards sustainable socio-economic development," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 5(2), pages 190-203, December.
    3. Anna Tatarczak & Oleksandra Boichuk, 2018. "The multivariate techniques in evaluation of unemployment analysis of Polish regions," Oeconomia Copernicana, Institute of Economic Research, vol. 9(3), pages 361-380, September.

    More about this item

    Keywords

    spatial econometrics; SAR model; spatial dependence; unemployment; entrepreneurship; investments;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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