Poland's Exceptional Performance During the World Economic Crisis: New Growth Accounting Evidence

@article{Gradzewicz2014PolandsEP,
  title={Poland's Exceptional Performance During the World Economic Crisis: New Growth Accounting Evidence},
  author={Michał Gradzewicz and Jakub Growiec and Marcin Kolasa and Łukasz Postek and Paweł Strzelecki},
  journal={International Political Economy: Investment \& Finance eJournal},
  year={2014}
}
Using a growth accounting exercise based on new estimates of flows of capital and labor services in the Polish economy during the period 1995-2013, we study the consequences of the recent global economic crisis for the observed pace and structure of economic growth in Poland – a converging open economy which itself did not contribute to the breakout of the crisis. We thus provide a supply-side explanation why Poland fared so well during the world economic crisis. According to our results, the… 
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