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Economic Impact of Industrial Segment in the Selected Country Cover

Economic Impact of Industrial Segment in the Selected Country

Open Access
|Aug 2020

Abstract

The inducted paper discusses economic effect resulting from industrial activities realized within national economy of the chosen country. The country of selection represents Poland. Economic impact is scrutinized through reflexing on gross domestic product. Industrial segment is deputized over various indicators whose scope strives to include different views on the industry field. The main point of this paper is to identify the exact relationship between dependent variable (gross domestic product) and a group of independent variables (picked industrial representatives). Such determination offers thereafter the possibility to estimate dependent variable’s value and its next forecast. What is more, the eventual sorting of involved industrial indicators is facilitated according to their importance. The multiple regression analysis is utilized as the method of investigation. Findings answer the stated questions and aims with a suggestion of an appropriate equation.

DOI: https://doi.org/10.2478/mspe-2020-0044 | Journal eISSN: 2450-5781 | Journal ISSN: 2299-0461
Language: English
Page range: 312 - 317
Submitted on: Apr 1, 2020
Accepted on: Jul 1, 2020
Published on: Aug 17, 2020
Published by: STE Group sp. z.o.o.
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2020 Elena Grešová, Jozef Svetlík, published by STE Group sp. z.o.o.
This work is licensed under the Creative Commons Attribution 4.0 License.