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Savings and Investment Decisions in the Polish Energy Sector

Author

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  • Arkadiusz J. Derkacz

    (Institute of Economic, University of Social Sciences, ul. Lucka 11, 00-842 Warsaw, Poland)

  • Agnieszka Dudziak

    (Department of Power Engineering and Transportation, Faculty of Production Engineering, University of Life Sciences in Lublin, Gleboka 28 Str., 20-612 Lublin, Poland)

Abstract

The paper presents the results of empirical studies of the energy sector in Poland in the period 2005–2020. The main research problem was the impact of gross savings of changes in gross investment levels in this sector. To this end, we used a formula determining the value of private investments from the theory of the economic dynamism of M. Kalecki. First, we checked its adjustment to the economic reality of the energy sector and analysed the impact of individual independent variables on gross investment levels. We calculated linear regression and correlation coefficients in two variants due to delays between investments and investment decisions. The results of the studies justified the hypothesis. According to it, gross investments in the Polish energy sector are determined by the level of gross savings of companies.

Suggested Citation

  • Arkadiusz J. Derkacz & Agnieszka Dudziak, 2021. "Savings and Investment Decisions in the Polish Energy Sector," Sustainability, MDPI, vol. 13(2), pages 1-13, January.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:2:p:553-:d:477070
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    2. Jacek Caban & Jan Vrabel & Dorota Górnicka & Radosław Nowak & Maciej Jankiewicz & Jonas Matijošius & Marek Palka, 2023. "Overview of Energy Harvesting Technologies Used in Road Vehicles," Energies, MDPI, vol. 16(9), pages 1-32, April.
    3. Magdalena M. Stuss & Zbigniew J. Makieła & Agnieszka Herdan & Gabriela Kuźniarska, 2021. "The Corporate Social Responsibility of Polish Energy Companies," Energies, MDPI, vol. 14(13), pages 1-16, June.

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