Studia i Prace WNEiZ US

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ISSN: 2450-7733     eISSN: 2300-4096    OAI    DOI: 10.18276/sip.2017.47/1-19
CC BY-SA   Open Access 

Issue archive / nr 47/1 2017
Indeks gospodarki kreatywnej a wzrost PKB
(Creative economy index (CEI) and GDP growth)

Authors: Jacek Pietrucha
Uniwersytet Ekonomiczny w Katowicach

Rafał Żelazny
Uniwersytet Ekonomiczny w Katowicach
Keywords: innovation institution creative economy European Union GDP economic growth
Year of publication:2017
Page range:11 (229-239)
Klasyfikacja JEL: F55 O30 P14 P16
Cited-by (Crossref) ?:

Abstract

This paper studies relationship between innovations and institutions measured by the Creative Economy Index (CEI) and GDP growth. Creative economy is understood as an economy in which innovations and institutions constitute a common element of pro-effi ciency and pro-growth solutions, and where a key role is played by free creativity factor. The survey was conducted on panel data for a group of 34 economies in the European Union and associated with the EU for the years 2005–2014. The analysis shows a signifi cant, positive impact index of the creative economy on the growth of real GDP per capita.
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