The paper describes the development of household consumption expenditures from a longer perspective. Currently, there are available data for more than forty years and it means that lots of information about changes in structure and main tendencies can be studied. Since the emphasis is put on the...

The article deals with the method of construction of symmetric time input-output tables under conditions of the Czech Republic. It is completely new approach to the description and evaluation of the Czech economy even though the effort to include the factor of time in this evaluation is abroad...

The paper is focused on the disputation with Mojmir Hajek on the field of the measurement of the total factor productivity index. We point out the interpretation obstacles connected to this measurement and its results at a level of the whole economy as well as of its industries. We also refer to...

Government systems of accounting are in the EU - as well as in other developed countries - based on the GFS (national) reporting systems and a cash reporting. The presented paper aims to describe main systems of reporting tax revenues, analyse problem areas within tax accrualisation and review...

This paper deals with the topic of experimental computations and estimation of regional GDP components by expenditure approach in the NUTS 3 regions of the Czech Republic. As huge amount of data is necessary, this topic has not been successfully solved by official statistics yet. Just one...

The estimates of economic development in the countries of the socialist block were carried out in the framework of the so-called Material Product System (MPS). At that time the product was perceived more narrowly than today´s gross domestic product (GDP). It included only the material goods and...

Paper deals with the assessment of the fiscal position and stabilization of government policy. First, the framework for assessment of the fiscal position and the sustainability of public finances is presented. It is justified the usage of specific data based on the ESA95 methodology, including...

The article focuses on new possible approaches of total factor productivity measurement. The standard computation takes into account the number of hours worked as the labour input and net or gross fixed capital stock as the capital input. This article improves the computation by using labour...

New members of the EU will not form an optimum currency area with the present eurozone member states. The article discusses some costs and benefits of an early EMU entry for the Czech Republic (and other Central-European economies). The authors concentrate on the consequences of loss of...

The efficiency of macroeconomic policies depends on adequate business cycle approximation. Given that potential output and the output gap (the difference between actual and potential output) are not directly observable, their values need to be estimated using alternative statistical, structural,...