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Economic impact of industrial segment in the selected country

Grešová Elena, Svetlík Jozef

Management Systems in Production Engineering

2020

nr 4 (28)

312--317

The inducted paper discusses economic effect resulting from industrial activities realized within national economy of the chosen country. The country of selection represents Poland. Economic impact is scrutinized through reflexing on gross domestic product. Industrial segment is deputized over various indicators whose scope strives to include different views on the industry field. The main point of this paper is to identify the exact relationship between dependent variable (gross domestic product) and a group of independent variables (picked industrial representatives). Such determination offers thereafter the possibility to estimate dependent variable’s value and its next forecast. What is more, the eventual sorting of involved industrial indicators is facilitated according to their importance. The multiple regression analysis is utilized as the method of investigation. Findings answer the stated questions and aims with a suggestion of an appropriate equation.