A Comparison of the Macroeconomic Effects of Increased Defence Spending in Poland and Germany

• Autorzy: Piotr Krajewski , Katarzyna Piłat

Warianty tytułu

Porównanie makroekonomicznych efektów zwiększenia wydatków na obronność w Polsce i w Niemczech

• Języki publikacji: EN

Abstrakty

EN

The aim of the article is to quantify and compare the macroeconomic effects of defence spending in the Polish and German economies. Estimating these effects is of particular importance in the context of the substantial increase in defence expenditures in Poland and Germany resulting from the war in Ukraine. The research is based on a dynamic stochastic general equilibrium model that takes into account both demand-side and supply-side mechanisms. The impulse response functions calculated based on the models estimated for the two economies show that the impact of defence spending on GDP is much stronger in Poland than in Germany. Furthermore, the empirical results indicate that in the Polish economy, defence spending also stimulates labour and consumption to a greater extent than in the German economy. (original abstract)

Celem artykułu jest porównanie makroekonomicznych efektów wydatków na obronność w gospodarce polskiej i niemieckiej. Oszacowanie tych efektów ma szczególne znaczenie w kontekście silnego wzrostu wydatków na obronność w Polsce i Niemczech w wyniku wybuchu wojny w Ukrainie. Badanie oparte jest na dynamicznym stochastycznym modelu równowagi ogólnej, który uwzględnia zarówno mechanizmy popytowe, jak i podażowe. Funkcje reakcji na impuls obliczone na podstawie modeli oszacowanych dla gospodarki polskiej i niemieckiej ukazują, że oddziaływanie wydatków obronnych na PKB jest znacznie silniejsze w Polsce niż w Niemczech. Ponadto uzyskane wyniki empiryczne wskazują, że w polskiej gospodarce wydatki na obronność w większym stopniu niż w gospodarce niemieckiej stymulują również zatrudnienie i konsumpcję. (abstrakt oryginalny)

Słowa kluczowe

EN

Defences; Military expenditures; Government spending; Fiscal policy

PL

Obronność; Wydatki wojskowe; Wydatki państwa; Polityka fiskalna

• Czasopismo: Comparative Economic Research
• Rocznik: 2023
• Tom: 26
• Numer: nr 4
• Strony: 27--44

Twórcy

autor

Piotr Krajewski

• University of Lodz, Poland

autor

Katarzyna Piłat

• University of Lodz, Poland

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Identyfikatory

DOI

10.18778/1508-2008.26.29