Spatial Modelling of Nominal and Real Net Disposable Household Incomes in the Districts (LAU1) 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%2F17%3A00004230" target="_blank" >RIV/46747885:24310/17:00004230 - 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
Spatial Modelling of Nominal and Real Net Disposable Household Incomes in the Districts (LAU1) of the Czech Republic
Original language description
The aim of this article is to suggest and apply spatial econometric model for estimation of the regional net disposable household incomes at the district level. Its purpose is to provide an instrument for more precise and more realistic comparison of the income level of average households across the regions of the Czech Republic in nominal value and also in purchasing power parity (real value). The article extends the application of the results of the research project devoted to issues of regional price levels in the Czech Republic. Therefore, it also contributes to solution of the often-discussed problem of nominal vs. real income indicators as benchmark of socioeconomic disparities. Authors use statistical method of Small Area Estimation involving the estimation of parameters for small sub-populations, generally used when the sub-population of interest is included in a larger survey. Estimated nominal and real values of the regional net disposable income of average household are statistically analyzed. The findings underpin the need for a more accurate specification of economic and social disparities on a lower regional level.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2017
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 MME 2017
ISBN
978-80-7435-678-0
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
336-341
Publisher name
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Place of publication
Hradec Králové
Event location
HradecKrálové
Event date
Jan 1, 2017
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000427151400058