Modelling of Regional Price Levels in the Districts of 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%2F16%3A00000965" target="_blank" >RIV/46747885:24310/16:00000965 - isvavai.cz</a>
Alternative codes found
RIV/46747885:24510/16:00000965
Result on the web
<a href="http://mme2016.tul.cz/conferenceproceedings/mme2016_conference_proceedings.pdf" target="_blank" >http://mme2016.tul.cz/conferenceproceedings/mme2016_conference_proceedings.pdf</a>
DOI - Digital Object Identifier
—
Alternative languages
Result language
angličtina
Original language name
Modelling of Regional Price Levels in the Districts of the Czech Republic
Original language description
The aim of this article is to suggest and apply methods for estimation of the regional price levels in Czech districts. Its purpose is to provide an instrument for more precise and more realistic comparison of regional standard of living of households across the regions of the Czech Republic. The article contributes to solution of the often discussed problem of nominal income indicators as benchmark of socialeconomic disparities. Nominal indicators provide distorted information about social and economic position of inhabitants of a region because they do not reflect the regional differences in the costs of living. Authors use basic set of regional price levels in 36 districts (LAU 1) processed by original authors´ certified methodology. This set of the basic results – regional price levels - has been further extended to whole Czech Republic by using econometric modelling methods. The results reflect regional price level differences in twelve CZ-COICOP Headings - market prices of goods, services, as well as housing and rentals. The findings underpin the need for a more accurate specification of economic and social disparities on a lower regional level.
Czech name
—
Czech description
—
Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
—
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
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
34th International Conference Mathematical Methods in Economics 2016 Conference Proceedings
ISBN
9788074942969
ISSN
—
e-ISSN
—
Number of pages
5
Pages from-to
414-418
Publisher name
Technical University of Liberec
Place of publication
Liberec
Event location
Liberec
Event date
Jan 1, 2016
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000385239500071