Investment incentives as instrument of motivation of firms and economic stabilization

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F71226401%3A_____%2F20%3AN0100425" target="_blank" >RIV/71226401:_____/20:N0100425 - isvavai.cz</a>

Result on the web

<a href="https://jssidoi.org/jesi/uploads/articles/30/Musil_Investment_incentives_as_instrument_of_motivation_of_firms_and_economic_stabilization.pdf" target="_blank" >https://jssidoi.org/jesi/uploads/articles/30/Musil_Investment_incentives_as_instrument_of_motivation_of_firms_and_economic_stabilization.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.9770/jesi.2020.8.2(35)" target="_blank" >10.9770/jesi.2020.8.2(35)</a>

Result language

angličtina

Original language name

Investment incentives as instrument of motivation of firms and economic stabilization

Original language description

Investment incentives are mostly presented as an efficient tool of economic policy to eliminate negative impacts of economic cycle and also as the tools of motivation of firms to generation of investment. The aim of the paper is to verify the relationship between investment incentives and business cycle in the Czech Republic. There is used the data of CzechInvest, Czech Statistical Office and Organisation for Economic Cooperation and Development. To verify the link between the investment incentives and the business cycle, the Pearson correlation coefficient and Spearman correlation coefficient was used. There has been identified moderate positive relationship between the volume of the state support and the growth of the gross domestic product in constant prices. The link between investment incentives and output gap was not statistically significant. The study brings new insights on the field of investment incentives as an instrument of stabilization of economy. Investment incentives are important in terms of stimulating the investment activity of firms. Findings of the study answer the question of whether the government behaves responsibly in the area of investment incentives. The findings show that the policy of investment incentives does not respond flexibly to the current needs of the Czech economy.

Czech name

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Czech description

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Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2020

Confidentiality

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

Name of the periodical

Entrepreneurship and Sustainability Issues

ISSN

2345-0282

e-ISSN

—

Volume of the periodical

8

Issue of the periodical within the volume

2

Country of publishing house

LT - LITHUANIA

Number of pages

12

Pages from-to

578-589

UT code for WoS article

000593042200035

EID of the result in the Scopus database

2-s2.0-85097063455