Volume 7
Issue 2
Economics
JOURNAL OF
POLISH
AGRICULTURAL
UNIVERSITIES
Available Online: http://www.ejpau.media.pl/volume7/issue2/economics/abs-02.html
APPLICATION OF DISCRIMINANT ANALYSIS TO THE EVALUATION AND FORECASTING OF ECONOMIC SITUATION IN POLAND
Joanna Kisielińska, Urszula Skórnik-Pokarowska
ABSTRACT
This paper describes the indicators of the present and future economical situation. The discriminant analysis has been used. The real income increase, gross fixed capital formation and low USD/PLN exchange rate are the good prosperity indicators. The next year prosperity is indicated by high increase of the gross fixed capital formation, high current account and budget deficit values (as GDP %) and decreases of the private and public consumption expenditure, export and low unemployment rate at the end of the year.
Key words: discriminant analysis, macroeconomic indicators.