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BUSINESS DYNAMICS IN POLAND IN COMPARISON TO SELECTED COUNTRIES

Grzegorz Go³êbiowski () and Piotr Russel ()
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Grzegorz Go³êbiowski: The Faculty of Management and Finance, the University of Finance and Management in Warsaw, Poland
Piotr Russel: The Institute of Finance, Warsaw School of Economics

Authors registered in the RePEc Author Service: Grzegorz Gołębiowski

Chapter 14 in ENTERPRISES IN UNSTABLE ECONOMY, 2015, pp 182-196 from Faculty of Management and Economics, Gdansk University of Technology

Abstract: The paper presents the dynamics of the operation of companies in Poland against the selected EU member states. The conducted analysis has proved that there are major differences between the states in terms of the values of indicators characterising demographic processes occurring among enterprises, such as the birth rate, the death rate, enterprise turnover or the rate of survival. The analysis has also demonstrated that there is a strong positive correlation between enterprise turnover and the GDP both in a sate having very high enterprise turnover (Lithuania) and in a state which is marked by a low value of this indicator (Cyprus). In Poland, enterprise turnover was stable between 2007 and 2011 and fluctuated around 22 and 25 per cent and the rate of births was higher than the rate of deaths each year. Simultaneously, there was an increase in efficiency, which was measured with the relation of the GDP to 1 employed person, by 17.7 per cent (higher efficiency among the 17 states under analysis was recorded only in Bulgaria, Lithuania, Slovakia, and the Czech Republic between 2007 and 2011).

Keywords: firm entry/firm exit; business dynamics; international comparison (search for similar items in EconPapers)
JEL-codes: D22 L26 M13 (search for similar items in EconPapers)
Date: 2015
ISBN: 978-83-62197-53-8
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