Symptoms of Baumol´s Cost Disease in the Czech Economy

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F12%3A86082626" target="_blank" >RIV/61989100:27510/12:86082626 - 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

Symptoms of Baumol´s Cost Disease in the Czech Economy

Original language description

The article answers the question if the Czech economy suffers from Baumol´s cost disease. Baumol´s theory explains the transfer of production factor - labour - from the secondary sector to the sector of services which results in the stagnation of economic growth. Baumol also explains increasing expenditures in the public sector in relation to GDP in developed economies. Although nearly half a century old, the theory is up-to-date at present, when the issue of public finances is discussed in many European countries especially in connection with debt crisis of Eurozone.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

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Continuities

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Publication year

2012

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

ECON '12

ISSN

1803-3865

e-ISSN

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Volume of the periodical

22

Issue of the periodical within the volume

2

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

165

Pages from-to

150-158

UT code for WoS article

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EID of the result in the Scopus database

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