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Panel data are a result of repeating observations of a group of units, e.g. households, firms, but also whole economies with some common characteristics as EU15, transition economies a . s. o. So, more details are available enabling to analyze a changing economic structure and its reasoning....
Persistent link: https://www.econbiz.de/10005036295
Panel data are specific data where cases are observed at two or more time periods. This approach brings many advantages: larger dataset, decreasing collinearity between exogenous variables and using advanced econometric models. The panel data models were applied to data from the Household Budget...
Persistent link: https://www.econbiz.de/10005036358
Panel data are increasingly being used in both macro- and micro-level studies of economic problems. Macro-panel data (i denotes countries) are characteristic by sufficiently long time series to be able to analyze panel spurious regression and panel cointegration. According to the main stream of...
Persistent link: https://www.econbiz.de/10005036639
We consider two markets in our model: wholesale, where producers' supply interacts with distributors' demand, and retail with distributors' supply and consumers' demand. The wholesale market determines the producer price index (PPI), production and indirectly also employment. In the retail...
Persistent link: https://www.econbiz.de/10005036648
Investment expenditure relates to an evident optimization problem: to create an optimal capital stock which is a function of expected profits. According to the Tobin´s Q - theory, investment depends on the ratio Q of the market value of business capital assets to their replacement value. A...
Persistent link: https://www.econbiz.de/10005036684
This article, based on an empirical analysis, discusses factors affecting property prices and tries to identify periods of property price overvaluation in the Czech Republic. To achieve this, the article uses both relatively simple approach using ratios related to the house prices (e.g....
Persistent link: https://www.econbiz.de/10008553108
organic farmers. The aim of the paper is a complex evaluation of the influence of subsidy on production, costs, profit and … technical efficiency of organic farms. The partial aim is to evaluate different methods of subsidy rate calculation. The main …. This approach has not been used in the Czech Republic yet. The previous studies, analyzed subsidy of organic farming, were …
Persistent link: https://www.econbiz.de/10008802575
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