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JOURNAL OF INTERNATIONAL STUDIES


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ISSN: 2306-3483 (Online), 2071-8330 (Print)



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Modelling of final demand financing based on SNA - the case of households

Vol. 8, No 3, 2015

Tomaszewicz Łucja

 

University of Lodz

Poland

 

ltomasz@uni.lodz.pl

Modelling of FInal demand FInancing based on SNA - the case of households

Trębska Joanna

 

University of Social Science

Poland

 

 joannatrebska@o2.pl

ABSTRACT. In the paper an identity-centered model is constructed basing on the sequence of national accounts according to ESA 2010 for the households sector. The empirical re- search concerns the variability of the model coefficients showing the relations between various categories of households’ incomes and expenses finally leading to the coefficients defining the structure of final demand financing. Coefficients for Poland and the selected EU countries are determined on the basis of comparable statistical data for the years 2000-2013. Special attention is paid to those coefficients, which depend on economic policy, especially the fiscal one, and on changes in demographic structure. Basing on the results of the empirical analysis, –the sources of Polish households’ final demand financing have been verified.

 

Received: July, 2015

1st Revision: September, 2015

Accepted: December, 2015

 

DOI: 10.14254/2071-8330.2015/8-3/3

JEL Classification: D14, H31

Keywords: : incomes and expenses, households sector, Poland, EU.