出版社：Centre of Sociological Research, Szczecin, Poland
摘要：Th e objective of this paper is to provide more details regarding the evolution of real GDP growth in the countries of the European Union (EU-28) in the period from 2004 to 2015 based on a panel data approach. According to the estimations based on some dynamic panel data models,an any increase in the real GDP rate in the previous period by one percentage point,the real GDP rate in the current period will increase by 0.3 percentage points up to 0.5 percentage points. According to the Fixed Eff ects Model with time and individual eff ects,the real GDP growth is explained by the employment. According to simulations for 2016 and 2017 based on Dynamic Model and the Fixed Eff ects Model,the last model predicting higher GDP rates with respect to dynamic models. Th e result of this study is the estimation of the real GDP rates in EU-28 countries,which are based on presented econometrics models. Th e annual average of employment as the main factor of GDP growth is taken into account.
关键词：GDP rate;employment;panel data;Dynamic Model;Fixed Eff ects Model
