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Michał Gradzewicz

Biographic Data

ID8920617
NAMEMichał Gradzewicz
GIVEN NAMESMichał
FAMILY NAMEGradzewicz
SIGNATUREGRADZEWICZ M
AFFILIATIONSNational Bank of Poland
ORCID0000-0002-4303-4505
VERIFIEDYes
TOTAL WORKS2
TOTAL CITATIONS0
WORKS AS AUTHOR2
WORKS AS EDITOR0
FIRST PUBLICATION YEAR2021
LATEST PUBLICATION YEAR2024
H-INDEX0
  • Globalisation and the fall of markups

    Open Access•Michał Gradzewicz, Jakub Mućk•ARTICLE•World Economy•2024

    This paper provides the evidence of a fall of markups of price over marginal costs in Poland over the period 2002–2016. Markups were calculated using a census of firms and the methodology proposed by De Loecker and Warzynski (2012; American Economic Review, 102(6)). The fall of markups is robust to several empirical identification strategies. Moreover, the decline of markups is not related to changes in a sectoral composition and firms demography…

  • What Happens After an Investment Spike—Investment Events and Firm Performance

    Michał Gradzewicz•ARTICLE•Journal of Business and Economic…•2021

    Our study aims at investigating the relationship between investment spikes and subsequent productivity development at the firm level. We propose a novel identification scheme for the effects of an investment spike, using matching techniques and a tailored econometric modeling. It allows us to find efficiency differentials against matched firms in periods adjacent to the spike. We showed that TFP persistently falls after an investment spike, which…

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  • What Happens After an Investment Spike—Investment Events and Firm Performance

    Michał Gradzewicz•ARTICLE•Journal of Business and Economic…•2021

    Our study aims at investigating the relationship between investment spikes and subsequent productivity development at the firm level. We propose a novel identification scheme for the effects of an investment spike, using matching techniques and a tailored econometric modeling. It allows us to find efficiency differentials against matched firms in periods adjacent to the spike. We showed that TFP persistently falls after an investment spike, which…

  • Globalisation and the fall of markups

    Open Access•Michał Gradzewicz, Jakub Mućk•ARTICLE•World Economy•2024

    This paper provides the evidence of a fall of markups of price over marginal costs in Poland over the period 2002–2016. Markups were calculated using a census of firms and the methodology proposed by De Loecker and Warzynski (2012; American Economic Review, 102(6)). The fall of markups is robust to several empirical identification strategies. Moreover, the decline of markups is not related to changes in a sectoral composition and firms demography…

Econometrics (2 works) · Economic Growth and Productivity (2 works) · Economics (2 works) · Firm Innovation and Growth (2 works) · Macroeconomics (2 works) · Capital Investment and Risk Analysis (1 work) · Global trade and economics (1 work) · Globalization (1 work) · Labour economics (1 work) · Market economy (1 work)

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