Regional Price Levels in the Districts of the Czech Republic: New Results
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F20%3A00007954" target="_blank" >RIV/46747885:24310/20:00007954 - isvavai.cz</a>
Result on the web
<a href="https://www.ekf.vsb.cz/export/sites/ekf/icei/.content/galerie-souboru/ICEI-2020-Proceedings.pdf" target="_blank" >https://www.ekf.vsb.cz/export/sites/ekf/icei/.content/galerie-souboru/ICEI-2020-Proceedings.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Regional Price Levels in the Districts of the Czech Republic: New Results
Original language description
The aim of this contribution is to highlight the importance of the regional price levels within the member states of the European Union. On the case of the Czech Republic, authors show, how the assessment of NUTS2 (regions of cohesion) can be distorted by using a national price level (purchasing parity standard) instead of accounting for the regional price levels. The paper presents new data on the regional price levels in the districts of the Czech Republic for the period 2011–2017. Authors have processed raw data from extensive consumer-price surveys carried out by the Czech Statistical Office, supplemented them with data from several other sources, and regionalized them by an original approach certified by the Ministry of Regional Development of the Czech Republic. The results not only reflect regional differences in market prices of goods, services, housing and rentals, but they also enable to analyze the dynamics of their changes over the seven-year long period. The findings support the urge for a more accurate specification of economic and social disparities on a regional level leading to a local-people-centered regional development policy.
Czech name
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Czech description
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Classification
Type
O - Miscellaneous
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
<a href="/en/project/TL01000303" target="_blank" >TL01000303: Utilization of Big Data to Asses the Socio-Economic Position of the Population in the Territory Types Defined by Regional Development Stragegy 2021+</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů