<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The occurrence of business cycles is a feature of every economic system, so they were also observed in Poland. The article is an attempt to assess the structure and most important morphological features of the business cycles in Poland’s economy, taking into account how they were influenced by the consequences of the financial crisis 2007+ and COVID-19 pandemic. In the study the authors used the concept of deviation cycles which makes it possible to characterize the components of the business cycle’s structure, i.e. identification of its turning points, particular phases and most important morphological features (i.e. duration of phases and the whole cycle, amplitude of fluctuations). The most significant empirical indicators which characterize the real cyclical processes, i.e. GDP, consumption and investment, were the subject of statistical analyses.</p>
</abstract>

The occurrence of business cycles is a feature of every economic system, so they were also observed in Poland. The article is an attempt to assess the structure and most important morphological features of the business cycles in Poland’s economy, taking into account how they were influenced by the consequences of the financial crisis 2007+ and COVID-19 pandemic. In the study the authors used the concept of deviation cycles which makes it possible to characterize the components of the business cycle’s structure, i.e. identification of its turning points, particular phases and most important morphological features (i.e. duration of phases and the whole cycle, amplitude of fluctuations). The most significant empirical indicators which characterize the real cyclical processes, i.e. GDP, consumption and investment, were the subject of statistical analyses.

Morphology of Business Cycles in Poland in the Period of the World Financial Crisis and Covid-19 Pandemic

Studies in Logic, Grammar and Rhetoric

This work is licensed under the Creative Commons Attribution 4.0 International License.

The occurrence of business cycles is a feature of every economic system, so they were also observed in Poland. The article is an attempt to assess the...

Morphology of Business Cycles in Poland in the Period of the World Financial Crisis and Covid-19 Pandemic

Published Online: Dec 31, 2023

Page range: 213 - 227

DOI: https://doi.org/10.2478/slgr-2023-0011

Keywords
morphology of business cycles, Poland, financial crisis, COVID-19 pandemic

© 2023 Ryszard Barczyk et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Morphology of Business Cycles in Poland in the Period of the World Financial Crisis and Covid-19 Pandemic

Published Online: Dec 31, 2023

Page range: 213 - 227

DOI: https://doi.org/10.2478/slgr-2023-0011

Keywordsmorphology of business cycles, Poland, financial crisis, COVID-19 pandemic

© 2023 Ryszard Barczyk et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
morphology of business cycles, Poland, financial crisis, COVID-19 pandemic