Econometric Modelling of the Impact of Metrology on the Economy in Poland
Abstract
Research background
Studying the impact of metrology on the economy is a complicated matter. This is due to the specific nature of both metrology and the economy. There is no established method for determining the impact of metrology on the economy.
Purpose
The paper attempts to build an econometric model to determine the impact of metrological activity on the economy of Poland.
Research methodology
In the first part of the study, a proxy variable measuring metrological activity was proposed. Then a multiple-equation nonlinear econometric model was built. This is a dynamic model, estimated by the 2SLS method.
Results
Based on simulations, the impact of metrological activity on variables such as GDP and R&D spending was determined. The results of simulations using the obtained model show that the average annual share of metrology in global labor productivity in Poland from 2002 to 2020 was at 9.4%. As regards the second variable (the share of R&D spending in GDP), the average annual share of metrology is 7.4%.
Novelty
In the paper an econometric estimation of metrology impact on the economy based on a multiple-equation nonlinear econometric model was proposed.
© 2025 Mariusz Doszyń, Barbara Batóg, Paweł Majda, Mirosław Pajor, Dominik Rozkrut, Monika Rozkrut, Małgorzata Tarczyńska-Łuniewska, published by University of Szczecin
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