Regional Price Index in the Czech Republic: Revised

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F14%3A00002265" target="_blank" >RIV/46747885:24310/14:00002265 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Regional Price Index in the Czech Republic: Revised
Original language description
The paper is focused on rectifying and proposing a possible methodology for calculating Regional Price Index (RPI) in the Czech Republic at the NUTS3 level based on Consumer Price Index (CPI). The fundamental application of RPI is mainly spatial price comparison and adjustment of nominal regional indicators such as nominal net disposable household income (NDHI), which are used in economic and political practice for the detection of interregional disparities. 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. Therefore, it is crucial to adjust the nominal income indicators with the cost of living regional index. 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. Application of the RPI makes it possible to verify the fundamental hypothesis
Czech name
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Czech description
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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)

Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Zborník z medzinárodnej vedeckej konferencie ETER 2014
ISBN
978-80-225-3884-8
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
1-9
Publisher name
Ekonomická univerzita v Bratislavě
Place of publication
Bratislava
Event location
Bratislava
Event date
Jan 1, 2014
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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