A time series analysis of macroeconomic determinants of household spending in the era of cross-cultural dynamics: Czech Republic as a case study

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F14%3A43872131" target="_blank" >RIV/70883521:28120/14:43872131 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1016/S2212-5671(14)00400-6" target="_blank" >http://dx.doi.org/10.1016/S2212-5671(14)00400-6</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/S2212-5671(14)00400-6" target="_blank" >10.1016/S2212-5671(14)00400-6</a>

Result language
angličtina
Original language name
A time series analysis of macroeconomic determinants of household spending in the era of cross-cultural dynamics: Czech Republic as a case study
Original language description
The paper investigates selected macroeconomic variables where are seemingly influencing household spending in the Republic in the present era of evolving cross-cultural interactions from 1993-2012. Based on the estimated regression model, it plausible tostate that net disposable income, cross-cultural dynamics, inflation rate, and saving rate as a proportion of household income impact significantly on household spending. Moreover, the Granger causality analysis provides evidence of feedback relationship between household spending and social globalization index. The results equally indicate causality between saving rate and household spending as well as between the inflation rate and household spending. (C) 2014 Elsevier B.V. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/3.0/).
Czech name
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Czech description
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Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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