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Level of Industry Automation 4.0 in the Czech Republic and Impact on Unemployment

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F18%3A50014964" target="_blank" >RIV/62690094:18450/18:50014964 - isvavai.cz</a>

  • Result on the web

    <a href="https://is.muni.cz/do/econ/sborniky/2018/Proceedings_finalni_verze_September_3.pdf" target="_blank" >https://is.muni.cz/do/econ/sborniky/2018/Proceedings_finalni_verze_September_3.pdf</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Level of Industry Automation 4.0 in the Czech Republic and Impact on Unemployment

  • Original language description

    The Czech Republic has the lowest unemployment rate throughout the European Union. According to Eurostat and the Czech Statistical Office, in March 2018, the unemployment rate in the Czech Republic reached 2.2%. Such a low unemployment rate causes an excess of demand over supply. Companies are looking for ways of meeting the demand of their customers. One of the possibilities is technological progress. For this reason, both the Czech Republic as well as the European Union are promoting the Industry 4.0 initiative and at the present time also the Work 4.0. The aim of the paper is to analyse the impact of Industry 4.0 and Work 4.0 on the labour market. The paper contains an analysis of the share of unemployed people in individual regions and the development of wages. The manufacturing industry is one of the key sectors of the Czech economy. The following hypotheses are tested: The impact of Industry 4.0 is markedly different in the Czech Republic regions and second As a result of the enforcement of Industry 4.0 (production automation), unemployment varies across regions.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50202 - Applied Economics, Econometrics

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2018

  • Confidentiality

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

Data specific for result type

  • Article name in the collection

    European financial systems 2018

  • ISBN

    978-80-210-8980-8

  • ISSN

  • e-ISSN

  • Number of pages

    8

  • Pages from-to

    160-167

  • Publisher name

    Masarykova univerzita

  • Place of publication

    Brno

  • Event location

    Brno, Czech Republic

  • Event date

    Jun 25, 2018

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article

    000462948800020