IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/28228.html
   My bibliography  Save this paper

Globalization and the Polish economy: stylized facts and simulations using a Computable General Equilibrium Model

Author

Listed:
  • Gradzewicz, Michał
  • Hagemejer, Jan
  • Zbigniew, Żółkiewski

Abstract

The aim of the paper is to quantitatively assess the impact of globalization on the economy of Poland in the medium term. Four channels of the impact of globalization are distinguished: (i) trade openness, (ii) productivity improvement, (iii) labour migrations, (iv) liberalization of the services sector. We employ a computable general equilibrium model with multiple industries and households and imperfect competition features. Our results show positive and quite significant effects of globalization on the performance of the Polish economy, stemming mainly from productivity improvements and liberalization of services. The sizeable expected migrations result in negative effects of globalization by decreasing growth potential and causing upward pressure on wages. At the sectoral level, globalization is particularly beneficial to some exporting sectors and skilled segments of the labour market.

Suggested Citation

  • Gradzewicz, Michał & Hagemejer, Jan & Zbigniew, Żółkiewski, 2007. "Globalization and the Polish economy: stylized facts and simulations using a Computable General Equilibrium Model," MPRA Paper 28228, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:28228
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/28228/1/MPRA_paper_28228.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. George R G Clarke, 2004. "Effect of Enterprise Ownership and Foreign Competition on Internet Diffusion in the Transition Economies," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 46(2), pages 341-370, June.
    2. Piatkowski, Marcin & Bart, van Ark, 2005. "ICT and Productivity Growth in Transition Economies: Two-Phase Convergence and Structural Reforms," MPRA Paper 29398, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bianka Dettmer, 2012. "The European Union's service directive: Contrasting ex ante estimates with empirical evidence," Jena Economics Research Papers 2012-019, Friedrich-Schiller-University Jena.
    2. Dale W. Jorgenson & Khuong Vu, 2005. "Information technology and the world economy," Proceedings, Federal Reserve Bank of San Francisco.
    3. repec:bla:germec:v:8:y:2007:i::p:125-145 is not listed on IDEAS
    4. Alireza Poorfaraj & Hadi Keshavarz, 2011. "Knowledge and Economic Growth: Evidence from Some Developing Countries," Journal of Education and Vocational Research, AMH International, vol. 1(1), pages 21-25.
    5. Jan Hagemejer & Michal Gradzewicz & Zbigniew Zolkiewski, 2007. "Globalization and the Polish Economy: Some Stylized Facts and CGE Model Simulations," EcoMod2007 23900033, EcoMod.
    6. Jorgenson Dale W. & Vu Khuong, 2007. "Information Technology and the World Growth Resurgence," German Economic Review, De Gruyter, vol. 8(2), pages 125-145, May.
    7. Phanindra V. Wunnava & Daniel B. Leiter, 2009. "Determinants of Intercountry Internet Diffusion Rates," American Journal of Economics and Sociology, Wiley Blackwell, vol. 68(2), pages 413-426, April.
    8. Paulo G. Correa & Ana M. Fernandes & Chris J. Uregian, 2010. "Technology Adoption and the Investment Climate: Firm-Level Evidence for Eastern Europe and Central Asia," The World Bank Economic Review, World Bank, vol. 24(1), pages 121-147, January.
    9. Dale W. Jorgenson & Khuong Minh Vu, 2010. "Latin America and the World Economy," Chapters, in: Mario Cimoli & André A. Hofman & Nanno Mulder (ed.), Innovation and Economic Development, chapter 1, Edward Elgar Publishing.
    10. Clarke, George R.G., 2008. "Has the internet increased exports for firms from low and middle-income countries," Information Economics and Policy, Elsevier, vol. 20(1), pages 16-37, March.

    More about this item

    Keywords

    globalization; computable general equilibrium; labour migrations; trade liberalization;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:28228. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.