Price Volatility in Macroeconomic Structure of Production in Poland
Journal Title: Acta Scientiarum Polonorum. Oeconomia - Year 2017, Vol 0, Issue 0
Abstract
In this article an empirical analysis of price volatility was conducted, on the basis of Polish macroeconomic data from 2010–2016 and theoretical framework proposed by Austrian School of Economics. The research was carried out using a number of statistical methods used on price indices representing different stages of production. The analysis allowed to establish conclusions about differing degree of price movements throughout Polish economy and its sectors, where prices of goods produced at the beginning of the structure were characterised by higher volatility than those produced in other branches. No statistically significant difference in price volatility was noted between consumer goods and intermediate goods stage.
Authors and Affiliations
Dawid Stanisław Bródka, Marcin Chciałowski
Keywords
Related Articles
- EP ID EP313293
- DOI 10.22630/ASPE.2017.16.3.28
- Views 64
- Downloads 0
Sensitivity of Households Consumption Deflator to Changes in Prices of Imported Agricultural Products
The aim of the article is to assess the sensitivity of the deflator of households consumption to changes in prices of imported agricultural products. In addition to assessing the scale of this sensitivity, its changes in...
Determinants of the Development of Vineyards and Wine Tourism in Poland
From the beginning of the 21st century, interest in vineyards and the production of wine from own grapes has increased in Poland, both from the demand and supply side. For many vineyard owners, this is a hobby that is un...
Pro-Environmental Activities in Poland in 2015 (Regional Study)
The author of the article sets out to perform two tasks. The first is an attempt to present the construction techniques of a ranking of items (in this case – voivodships) in terms of the level of a complex phenomenon, an...
Knowledge Sharing and Business Tourism Products : Case of Industrial Trade Fairs
Due to the complexity of the needs of the business tourist that determine the character of the offered product, networking is an inherent part of the business tourism sector. Organizations enter multiple networks of rela...
Linear-Dynamic Programming as a Basis for Setting the Directions of Development for Field Farms Against Changes in the Common Agricultural Policy in Medium-Term Perspective
The purpose of the article is an attempt to determine, in the 2019 perspective, the economic situation of farms specialising in cereals, oilseeds and protein crops, with the economic size of 4–25 (very small), 25–50 (med...