Impact of hard coal usage for metal production on economic growth of Poland
Łukasz Lach
MPRA Paper from University Library of Munich, Germany
Abstract:
This study provides an analysis of causal links between GDP and usage of hard coal in production of metals in Poland. In order to assure the correctness of computations a third variable – employment – was included in the dataset. Linear and nonlinear dynamic interactions were investigated for the period 2000–2009 on a quarterly basis. The results suggest that in examined period there was a short–run unidirectional causality from GDP to coal usage. On the other hand, the usage of hard coal in production of metals was found to cause GDP and employment in the long–run. Moreover, the impulse response analysis confirmed that the impact of coal usage on GDP and employment was generally negative. All these findings lead to conclusion that in recent decade the usage of hard coal in production of metals did not have a positive impact on economic growth and employment in Poland.
Keywords: economic growth; hard coal usage; linear and nonlinear Granger causality; impulse response analysis (search for similar items in EconPapers)
JEL-codes: C32 O10 O40 (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/52282/1/MPRA_paper_52282.pdf original version (application/pdf)
Related works:
Journal Article: Impact of hard coal usage for metal production on economic growth of Poland (2011) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:52282
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().