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Abstract

A set of simple and complex indicators is used to measure the economic condition of economies, and the analysis can be conducted in a static or dynamic approach. This article proposes the author's macroeconomic condition index (MCI), which is based on the popular misery index, supplementing the unemployment and inflation rates with two variables: GDP growth rate and budget deficit. The aim of the study is to assess the macroeconomic situation of Poland against the average for the EU, using the above-mentioned measure. The time scope of the study covers the years 2011–2020, with particular emphasis on the effects of the first year of the Covid crisis. The results indicate that throughout the period the economic situation in Poland in terms of the four variables combined was relatively favourable, although less stable. A sharp downturn occurred in 2020, both domestically and on average in the EU. The main determinants of the worse condition were a decline in the GDP growth rate and an increase in the budget deficit, with relatively steady unemployment and inflation.

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-Magistris – Gracia 2016 ). With these findings, this study postulates the following: H6 The price motive negatively influences intentions to adopt a healthy diet 2.2.7 Weight control and healthy diet adoption intentions Consumers who are deeply concerned about their

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Acta Oeconomica
Authors:
José Antonio Clemente-Almendros
,
Florin Teodor Boldeanu
,
Cristina Drumea
, and
Samer Ajour El Zein

probabilities of using RP instruments. Fig. 3. TELEWORKING x CHANGE DEMAND The two-way interaction CHANGE DEMAND x LIQUIDITY IMPACT has a significant and negative moderation effect (coefficient −0.216, P -value 0.049), confirming the expected relationships of H

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