A PATTERN FOR ASSESSMENT OF THE ECONOMIC SITUATION BY ENTERPRISES IN AN UNSTABLE ENVIRONMENT
This article presents the results of a study that aimed to assess whether entrepreneurs have changed their patterns of assessment of the economic situation amid the unprecedented instability and uncertainty in the business environment during the last few years. An econometric analysis was carried ou...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Rzeszow University of Technology
2023-12-01
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| Series: | Humanities and Social Sciences |
| Subjects: | |
| Online Access: | https://journals.prz.edu.pl/hss/article/view/1597 |
| _version_ | 1797336164853612544 |
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| author | Agnieszka SZCZEPKOWSKA-FLIS Anna KOZŁOWSKA |
| author_facet | Agnieszka SZCZEPKOWSKA-FLIS Anna KOZŁOWSKA |
| author_sort | Agnieszka SZCZEPKOWSKA-FLIS |
| collection | DOAJ |
| description | This article presents the results of a study that aimed to assess whether entrepreneurs have changed their patterns of assessment of the economic situation amid the unprecedented instability and uncertainty in the business environment during the last few years. An econometric analysis was carried out using qualitative indicators from the GUS business cycle survey. We distinguished two periods of analysis: relatively stable (from January 2000 to February 2020) and unstable (from March 2020 to January 2023). Our results show that, regardless of the type of indicator and subperiod of analysis, the phenomenon of inertia was the main factor influencing diagnosis indicators. In all analyzed areas of companies’ activity (general situation, financial situation, production) we noted a change in the pattern of impact of forecast indicators on diagnosis indicators; this was the result of a change in the conditions of the external environment (expectations effect). |
| first_indexed | 2024-03-08T08:50:02Z |
| format | Article |
| id | doaj.art-11d2fcc219054f88ba95fb6bebc4eaa2 |
| institution | Directory Open Access Journal |
| issn | 2300-5327 2300-9918 |
| language | English |
| last_indexed | 2024-03-08T08:50:02Z |
| publishDate | 2023-12-01 |
| publisher | Rzeszow University of Technology |
| record_format | Article |
| series | Humanities and Social Sciences |
| spelling | doaj.art-11d2fcc219054f88ba95fb6bebc4eaa22024-02-01T11:16:09ZengRzeszow University of TechnologyHumanities and Social Sciences2300-53272300-99182023-12-01304 - part I25726810.7862/rz.2023.hss.561597A PATTERN FOR ASSESSMENT OF THE ECONOMIC SITUATION BY ENTERPRISES IN AN UNSTABLE ENVIRONMENTAgnieszka SZCZEPKOWSKA-FLIS0Anna KOZŁOWSKA1Kazimierz Wielki University, BydgoszczPoznan University of Economics and BusinessThis article presents the results of a study that aimed to assess whether entrepreneurs have changed their patterns of assessment of the economic situation amid the unprecedented instability and uncertainty in the business environment during the last few years. An econometric analysis was carried out using qualitative indicators from the GUS business cycle survey. We distinguished two periods of analysis: relatively stable (from January 2000 to February 2020) and unstable (from March 2020 to January 2023). Our results show that, regardless of the type of indicator and subperiod of analysis, the phenomenon of inertia was the main factor influencing diagnosis indicators. In all analyzed areas of companies’ activity (general situation, financial situation, production) we noted a change in the pattern of impact of forecast indicators on diagnosis indicators; this was the result of a change in the conditions of the external environment (expectations effect).https://journals.prz.edu.pl/hss/article/view/1597business tendency surveymanufacturing industrynertia phenomenonexpectation effecteconomic instability |
| spellingShingle | Agnieszka SZCZEPKOWSKA-FLIS Anna KOZŁOWSKA A PATTERN FOR ASSESSMENT OF THE ECONOMIC SITUATION BY ENTERPRISES IN AN UNSTABLE ENVIRONMENT Humanities and Social Sciences business tendency survey manufacturing industry nertia phenomenon expectation effect economic instability |
| title | A PATTERN FOR ASSESSMENT OF THE ECONOMIC SITUATION BY ENTERPRISES IN AN UNSTABLE ENVIRONMENT |
| title_full | A PATTERN FOR ASSESSMENT OF THE ECONOMIC SITUATION BY ENTERPRISES IN AN UNSTABLE ENVIRONMENT |
| title_fullStr | A PATTERN FOR ASSESSMENT OF THE ECONOMIC SITUATION BY ENTERPRISES IN AN UNSTABLE ENVIRONMENT |
| title_full_unstemmed | A PATTERN FOR ASSESSMENT OF THE ECONOMIC SITUATION BY ENTERPRISES IN AN UNSTABLE ENVIRONMENT |
| title_short | A PATTERN FOR ASSESSMENT OF THE ECONOMIC SITUATION BY ENTERPRISES IN AN UNSTABLE ENVIRONMENT |
| title_sort | pattern for assessment of the economic situation by enterprises in an unstable environment |
| topic | business tendency survey manufacturing industry nertia phenomenon expectation effect economic instability |
| url | https://journals.prz.edu.pl/hss/article/view/1597 |
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