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Issue 16 (3) 2017 pp. 5-14

Dawid Stanisław Bródka, Marcin Chciałowski

Warsaw University of Life Sciences – SGGW

PRICE VOLATILITY IN MACROECONOMIC STRUCTURE OF PRODUCTION IN POLAND

Keywords: structure of production, price volatility, Austrian School, statistical mathematics, macroeconomics
Abstract:

In this article an empirical analysis of price volatility was conducted, on the basis of Polish macroeconomic
data from 2010–2016 and theoretical framework proposed by Austrian School of Economics. The research
was carried out using a number of statistical methods used on price indices representing different stages
of production. The analysis allowed to establish conclusions about differing degree of price movements
throughout Polish economy and its sectors, where prices of goods produced at the beginning of the structure
were characterised by higher volatility than those produced in other branches. No statistically significant difference
in price volatility was noted between consumer goods and intermediate goods stage.

pub/16_3_5.pdf Full text available in in Adobe Acrobat format:
http://www.oeconomia.actapol.net/volume16/issue3/16_3_5.pdf

For citation:

MLA Bródka, Dawid Stanisław, and Marcin Chciałowski. "PRICE VOLATILITY IN MACROECONOMIC STRUCTURE OF PRODUCTION IN POLAND." Acta Sci.Pol. Oeconomia 16.3 (2017): 5-14.
APA (2017). . Acta Sci.Pol. Oeconomia 16 (3), 5-14
ISO 690 BRóDKA, Dawid Stanisław, CHCIAłOWSKI, Marcin. PRICE VOLATILITY IN MACROECONOMIC STRUCTURE OF PRODUCTION IN POLAND. Acta Sci.Pol. Oeconomia, 2017, 16.3: 5-14.
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Streszczenie w języku polskim:
http://www.oeconomia.actapol.net/tom16/zeszyt3/abstrakt-5.html