Trend of Consumer Prices of Chosen Commodity and Service in Comparison to the Key Economic Indicators in the Czech Republic

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F25619161%3A_____%2F17%3AN0000040" target="_blank" >RIV/25619161:_____/17:N0000040 - isvavai.cz</a>

Result on the web

<a href="https://www.vsh.cz/file.php?id=551" target="_blank" >https://www.vsh.cz/file.php?id=551</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Trend of Consumer Prices of Chosen Commodity and Service in Comparison to the Key Economic Indicators in the Czech Republic

Original language description

This paper deals with development of prices of chosen commodity and service in the period 1994 – 2014. As the commodity there was chosen a white wine, and a glass of a white wine as the service. There was found a strong linear dependence of both prices, and that is why only price of service was put on the analysis. Subsequently there was analysed a price of service in dependence on a month wage and inflation. Using the time correlation it was found out that the price of service does not depend on the average month wage change nor on the inflation. Thus, the price is determined by mutual relation of the offer to the demand.

Czech name

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Czech description

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Type

J_ost - Miscellaneous article in a specialist periodical

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Czech Hospitality and Tourism Papers

ISSN

1801-1535

e-ISSN

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Volume of the periodical

XIII.

Issue of the periodical within the volume

28/2017

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

11

Pages from-to

55-65

UT code for WoS article

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EID of the result in the Scopus database

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