Object's details: Analysis of the Cobb-Douglas Production Function as a Tool to Investigate the Impact of FDI Net Inflows on Gross Domestic Product Value in Poland in the Period 1994–2012

Provider:Akademicka Platforma Czasopism

Description

Title:
Analysis of the Cobb-Douglas Production Function as a Tool to Investigate the Impact of FDI Net Inflows on Gross Domestic Product Value in Poland in the Period 1994–2012
Creator:
Kosztowniak, Aneta
Description:
The purpose of this paper is to analyse the impact of foreign direct investments net inflows on changes in GDP value in Poland in the period between 1994 and 2012 with the use of the Cobb-Douglas production function. The paper consist of five parts. Parts I and II present some aspects of the FDI influence on economic growth from the theoretical and empirical point of view. Part III defines conditions indispensable for the positive FDI impact on the economy of the host country. Part IV outlines changes of FDI flows in Poland in the period of 1994-2012. Part V includes the main assumptions of the Cobb-Douglas production function and an estimate of changes in GDP value for Poland in the period 1994–2012 with the use of the VECM. The factors significant for economic growth are also identified, including the significance of the net FDI inflows. Eventually, the effect of gross fixed capital formation, employment, FDI net inflows, exports and R&D on changes in the GDP value are determined.
Object availability:
free access
Rights:
Prawa autorskie (c) 2015 Oeconomia Copernicana
Date:
2015.02.19
Type:
info:eu-repo/semantics/article;
info:eu-repo/semantics/publishedVersion
Language:
English
Source:
Oeconomia Copernicana; Vol. 5 No. 4 (2014); 169-190;
Oeconomia Copernicana; Tom 5 Nr 4 (2014); 169-190
Format:
application/pdf
Publisher:
Uniwersytet Mikołaja Kopernika
Relation: https://apcz.umk.pl/OeC/article/view/OeC.2014.032/5040
Subject:
FDI;
GDP;
Cobb-Douglas production function;
VECM (Vector Error Corection Model)
Identifier: https://apcz.umk.pl/OeC/article/view/OeC.2014.032
Data provider:
Akademicka Platforma Czasopism

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Object's details: Analysis of the Cobb-Douglas Production Function as a Tool to Investigate the Impact of FDI Net Inflows on Gross Domestic Product Value in Poland in the Period 1994–2012

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