<abstract xmlns="http://www.w3.org/1999/xhtml"><p>This study aims to investigate the impact of savings and foreign direct investment on economic growth in Poland. Savings play an important role in achieving sustainable growth. High saving rates are also an important tool to increase resilience to financial shocks. The economic climate that emerged following the financial crisis revealed problems with the economy of Poland to obtain foreign financing. The decrease in foreign direct investment has led to an unpredictable economic environment for developing countries such as Poland. The decrease in foreign direct investment has led to lower growth rates for an emerging market such as the economy of Poland. The relationship economic growth rate, saving and foreign direct investment are examined for Poland over the period 1992-2016 by using the Autoregressive Distributed Lag (ARDL) bounds testing approach. According to this approach there is a cointegration relationship between the series and a 1% increase in savings which leads to a 0.81% increase on economic growth rate. Also a 1% increase in foreign direct investment (FDI) leads to a 1.52% increase in the economic growth rate.</p></abstract>

This study aims to investigate the impact of savings and foreign direct investment on economic growth in Poland. Savings play an important role in achieving sustainable growth. High saving rates are also an important tool to increase resilience to financial shocks. The economic climate that emerged following the financial crisis revealed problems with the economy of Poland to obtain foreign financing. The decrease in foreign direct investment has led to an unpredictable economic environment for developing countries such as Poland. The decrease in foreign direct investment has led to lower growth rates for an emerging market such as the economy of Poland. The relationship economic growth rate, saving and foreign direct investment are examined for Poland over the period 1992-2016 by using the Autoregressive Distributed Lag (ARDL) bounds testing approach. According to this approach there is a cointegration relationship between the series and a 1% increase in savings which leads to a 0.81% increase on economic growth rate. Also a 1% increase in foreign direct investment (FDI) leads to a 1.52% increase in the economic growth rate.

Do foreign direct investment and savings promote economic growth in Poland?

Umuttepe Campus, Faculty of Economics and Administrative Sciences

Economics and Business Review

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Do foreign direct investment and savings promote economic growth in Poland?"}

This study aims to investigate the impact of savings and foreign direct investment on economic growth in Poland. Savings play an important role in achieving...

Do foreign direct investment and savings promote economic growth in Poland?

Data publikacji: 30 gru 2019

Zakres stron: 3 - 22

Otrzymano: 04 sie 2019

Przyjęty: 25 lis 2019

DOI: https://doi.org/10.18559/ebr.2019.4.1

Słowa kluczowe
economic growth, savings rate, foreign direct investment, ARDL bound testing

© 2019 Özgür Bayram Soylu, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Do foreign direct investment and savings promote economic growth in Poland?

Data publikacji: 30 gru 2019

Zakres stron: 3 - 22

Otrzymano: 04 sie 2019

Przyjęty: 25 lis 2019

DOI: https://doi.org/10.18559/ebr.2019.4.1

Słowa kluczoweeconomic growth, savings rate, foreign direct investment, ARDL bound testing

© 2019 Özgür Bayram Soylu, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Słowa kluczowe
economic growth, savings rate, foreign direct investment, ARDL bound testing