Burgernomics Revisited: Regional Purchasing Power
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F15%3A00083780" target="_blank" >RIV/00216224:14560/15:00083780 - isvavai.cz</a>
Alternative codes found
RIV/61384399:31140/15:00046557
Result on the web
—
DOI - Digital Object Identifier
—
Alternative languages
Result language
angličtina
Original language name
Burgernomics Revisited: Regional Purchasing Power
Original language description
The aim of this paper is to estimate inter-area price levels in the Czech Republic. For this purpose, we developed the Regional Big Mac Index as a variation of the standard Big Mac Index which was calculated by The Economist. A unique dataset was used ofBig Mac sales and prices in 89 McDonald?s restaurants for June 2013. The analysis was performed by employing OLS model, cluster analysis and standard statistical methods. We found that Regional Big Mac Index is not suitable for estimating inter-area price levels in the Czech Republic, as it is only moderately correlated with the regional purchase power parity.
Czech name
—
Czech description
—
Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
—
Result continuities
Project
—
Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Mathematical Methods in Economics 33rd international conference in Cheb
ISBN
9788026105398
ISSN
—
e-ISSN
—
Number of pages
6
Pages from-to
184-189
Publisher name
University of West Bohemia
Place of publication
Plzeň
Event location
Cheb
Event date
Jan 1, 2015
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
—