The main inflationary factors in the Visegrád Four
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F16%3A43909498" target="_blank" >RIV/62156489:43110/16:43909498 - isvavai.cz</a>
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
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Alternative languages
Result language
angličtina
Original language name
The main inflationary factors in the Visegrád Four
Original language description
This paper deals with the analysis of the main inflationary factors and their changes caused by the onset of the economic crisis in 2008. We attempt to uncover the factors causing inflation in the Visegr'ad Four from both demand and supply sides in the pre-crisis period as well as in the following one. To determine main inflation drivers in each country, multiple regression models are estimated. To describe the common factors causing inflation among all member countries we use panel data models. We found out that the most significant inflationary factors have been changed after 2008 but these factors do not differ significantly in observed countries. The results prove the influence of the domestic factors in the pre-crisis period. The impact of the external factors, especially commodity prices, is significant in the period during crisis. In conclusion, supply side factors have major influence on inflation and the inflationary factors have been changed over time.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
BB - Applied statistics, operational research
OECD FORD branch
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Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
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
Mathematical Methods in Economics 2016: Conference Proceedings
ISBN
978-80-7494-296-9
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
741-746
Publisher name
Technická univerzita v Liberci
Place of publication
Liberec
Event location
Liberec
Event date
Sep 6, 2016
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000385239500127