Boosting fixed capital investment in Poland could drive long-term economic growth
The article examines the relationship between fixed capital (like buildings and machinery) and economic growth in Poland. The researchers used different methods to test this connection, including looking at data from 2000 to 2009. They found that in the short term, there is a back-and-forth effect between fixed assets and GDP, as well as between fixed assets and employment. However, in the long term, only a positive impact of fixed capital on economic growth was seen in a smaller sample. This suggests that Poland still has room to increase its fixed investments to boost economic growth, especially after the effects of the economic crisis. The main recommendation is for the Polish government and private sector to increase their level of fixed investment.