Regionalization of the Consumer Price Index in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F14%3A00002239" target="_blank" >RIV/46747885:24310/14:00002239 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Regionalization of the Consumer Price Index in the Czech Republic
Original language description
The aim of the paper is to propose a possible methodology for calculating Regional Price Index (RPI) at the NUTS3 level based on Consumer Price Index (CPI). The fundamental application of RPI is mainly spatial price comparison and adjustment of nominal indicators such as nominal net disposable household income (NDHI), which are used in economic and political practice for the detection of interregional disparities. The fundamental hypothesis of the paper is that higher income tend to be compensated for by higher consumer prices. Therefore, the comparison of nominal values of indicators such as NDHI across regions does not reflect the real social-economic status of the region and its inhabitants. The article assesses the possibility of using the price probes of the Czech Statistical Office for regionalization of the CPI and calculates the RPIs for each NUTS3 region of the Czech Republic, which makes it possible to verify the fundamental hypothesis.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
<a href="/en/project/TD020047" target="_blank" >TD020047: Regional Price Index as an Indicator of Real Social and Economic Disparities</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
The 8th International Days of Statistics and Economics Conference Proceedings
ISBN
978-80-87990-02-5
ISSN
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e-ISSN
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Number of pages
10
Pages from-to
1487-1496
Publisher name
University of Economics
Place of publication
Praha
Event location
Prague
Event date
Jan 1, 2014
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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