Uwarunkowania wzrostu gospodarczego w świetle wniosków płynących z nowych modeli wzrostu

• Autorzy: Paweł Kawa

Warianty tytułu

Economic Growth Factors in View of Conclusions Drawn on the Basis of New Growth Models

• Języki publikacji: PL

Abstrakty

Zaprezentowano modele długookresowego wzrostu gospodarczego (neoklasyczne i endogeniczne). Przedstawiono rolę polityki ekonomicznej w stymulowaniu wzrostu gospodarczego.

EN

Exogenous growth models may serve as a basis for discussing the problem of economic growth, according to which economies tend to follow a long-term trajectory, where growth rate is determined by the exogenous rate of technological progress. In new growth models (endogenous) technological progress understood in a broad sense mainly results from fit-to purpose investment decisions made in a rational way by different enterprises, or the State which is implementing a specific economic policy. Differences between exogenous and endogenous growth models are applique in character. In neoclassical models economic policy merely leads to shifts in the economy towards new paths of sustainable growth, not exerting any lasting influence on long-term growth rates. New growth models provide economic policy with the possibility of exerting a positive influence on long-term growth rates, which results from the absence of the assumption concerning decreased revenues from capital understood in a broad sense. The basic recommendation based on new growth models to be followed by the creators of economic policy is that as a result of external benefits it is possible to raise long-term growth rates in an effective and sustainable manner. The effectiveness of economic policy requires relatively high future consumption preferences on the part of businesses on the one hand (which implies low discount rates as well as low marginal consumption utility), and the identification of high return investments on the other.(original abstract)

Słowa kluczowe

PL

Polityka gospodarcza; Wzrost gospodarczy; Modele wzrostu; Przegląd literatury; Wzrost endogeniczny

EN

Economic policy; Economic growth; Growth model; Literature review; Endogenous growth

• Czasopismo: Zeszyty Naukowe / Polskie Towarzystwo Ekonomiczne
• Rocznik: 2004
• Numer: nr 2
• Strony: 11--30

Twórcy

autor

Paweł Kawa

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