Joining the structures of European Union, Poland started the implementation the LisbonStrategy that aims to make the economy of European Union the most competitive, dynamic andknowledge-based in the world by the year 2010. Among all the structural funds that Polandreceived for the years 2007-2013, the biggest money supporting the development of innovative,based on knowledge economy are to be found in the Innovation Economy Operational Programme as well as the Human Capital Operational Programme. The funds will help to make a breakthrough in Polish economy in the areas of innovativeness and competitiveness by means ofknowledge, education and utilitarian scientific researches. Such development will make thenational economy more competitive both in Europe and in the world.
Fiscal preferences belongs to the measures of public policy which aim is supposed to fix the market failures. However, there is a shortage of studies which evaluates the effects of the fiscal instruments on enterprises from all sectors. Moreover, it is not clear how strong their influence in comparison to other external factors. One of the most important of the external determinants is the economic growth. Therefore, the aim of the paper is to analyze the effects of fiscal preferences on profitability of enterprises against the Gross Domestic Product (GDP) and its components in Poland. We set three hypotheses but only two of them could be confirmed and only in some part. The effects of the fiscal instruments on profitability is positive although only for some kinds of enterprises. It was a little stronger impact than for selected macroeconomic variables connected with GDP. However, one must take into consideration that the impact of GDP or some of its components is negative and regards medium-sized companies.
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