Wzrost gospodarczy napędzany przez płace czy zyski? Przypadek Polski

Dominik Kaczmarski

Gospodarka Narodowa-The Polish Journal of Economics, 2024, vol. 2024, issue 1

Abstract: This study aims to investigate whether the Polish economy operates under a wage-led or profit-led economic regime. By analysing how changes in income distribution affect consumption, investment, and net exports, insights are gained into the nature of the economic regime, facilitating evidence-based policy formulation and fostering sustainable economic development in the country. The long-term impact of an increase in the profit share on economic growth is found to be significantly negative, giving rise to the conclusion that the Polish economy was in a wage-led regime from 2001 to 2022. The estimated total marginal effect of an increased profit share on output, including multiplier mechanisms, is –0.22.

Keywords: Financial Economics; Research Methods/Statistical Methods (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ags:polgne:360586

DOI: 10.22004/ag.econ.360586

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