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Entrepreneurship and regional economic dynamics: Evidence from the Liberec Region (2002–2024) using Granger causality and VAR models

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F75081431%3A_____%2F25%3A00002945" target="_blank" >RIV/75081431:_____/25:00002945 - isvavai.cz</a>

  • Result on the web

    <a href="https://jssidoi.org/jesi/article/1361" target="_blank" >https://jssidoi.org/jesi/article/1361</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Entrepreneurship and regional economic dynamics: Evidence from the Liberec Region (2002–2024) using Granger causality and VAR models

  • Original language description

    This study examines the correlation between entrepreneurship and regional economic success in the Liberec Region of the Czech Republic from 2002 to 2024. Utilizing yearly data on GDP per capita, unemployment, average income, investment, and new business formation, the study employs descriptive statistics, multiple regression, Granger causality tests, and Vector Autoregression (VAR) modeling. The results show that GDP per capita and average income have been steadily rising, whereas entrepreneurship has been following a cyclical pattern that is the opposite of unemployment trends.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database

  • CEP classification

  • OECD FORD branch

    50200 - Economics and Business

Result continuities

  • Project

  • Continuities

    V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Others

  • Publication year

    2025

  • Confidentiality

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

Data specific for result type

  • Name of the periodical

    ENTREPRENEURSHIP AND SUSTAINABILITY ISSUES

  • ISSN

    2345-0282

  • e-ISSN

  • Volume of the periodical

    13

  • Issue of the periodical within the volume

    2

  • Country of publishing house

    LT - LITHUANIA

  • Number of pages

    18

  • Pages from-to

    77-94

  • UT code for WoS article

    001645786200004

  • EID of the result in the Scopus database