<abstract xml:lang="en" xmlns="http://www.w3.org/1999/xhtml"><p>One of the often used measures of economic development is gross domestic product <italic>per capita</italic>. In Poland the Main Statistical Office collects the data on this variable on several levels of aggregation. The paper shows the application of panel data models in order to classify Polish voivodships according to the level of economic development. As explained variable the regional GDP <italic>per capita</italic> was used and such variables as structure of employees, unemployment rate or retail sales per capita were the explaining variables. As a result the groups of voivodships with similar pattern of economic development were distinguished.</p></abstract>

One of the often used measures of economic development is gross domestic product per capita. In Poland the Main Statistical Office collects the data on this variable on several levels of aggregation. The paper shows the application of panel data models in order to classify Polish voivodships according to the level of economic development. As explained variable the regional GDP per capita was used and such variables as structure of employees, unemployment rate or retail sales per capita were the explaining variables. As a result the groups of voivodships with similar pattern of economic development were distinguished.

Models With Varying Parameters as A Tool to Classify Polish Voivodships in 2002-2008

Department of Econometrics and Statistics, Faculty of Economics and Management, University of Szczecin, Mickiewicza 64, 71-101 Szczecin, Poland

Department of Application of Mathematics in Economics, Faculty of Economics, West Pomeranian University of Technology, Janickiego 31, 71-270 Szczecin, Poland

Folia Oeconomica Stetinensia

One of the often used measures of economic development is gross domestic product per capita. In Poland the Main Statistical Office collects the data on this...

Models With Varying Parameters as A Tool to Classify Polish Voivodships in 2002-2008

Published Online: Dec 21, 2011

Page range: 139 - 150

DOI: https://doi.org/10.2478/v10031-010-0003-9

Keywords
panel data models, classification, GDP

This content is open access.

Models With Varying Parameters as A Tool to Classify Polish Voivodships in 2002-2008

Published Online: Dec 21, 2011

Page range: 139 - 150

DOI: https://doi.org/10.2478/v10031-010-0003-9

Keywordspanel data models, classification, GDP

This content is open access.

Keywords
panel data models, classification, GDP