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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

  • DOI - Digital Object Identifier

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

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50202 - Applied Economics, Econometrics

Result continuities

  • Project

  • 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

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    336-341

  • Publisher name

  • 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