Spatial Modelling of Nominal and Real Net Disposable Household Incomes in the Districts (LAU1) of the Czech Republic

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Spatial Modelling of Nominal and Real Net Disposable Household Incomes in the Districts (LAU1) of the Czech Republic

Popis výsledku v původním jazyce

The aim of this article is to suggest and apply spatial econometric model for estimation of the regional net disposable household incomes at the district level. Its purpose is to provide an instrument for more precise and more realistic comparison of the income level of average households across the regions of the Czech Republic in nominal value and also in purchasing power parity (real value). The article extends the application of the results of the research project devoted to issues of regional price levels in the Czech Republic. Therefore, it also contributes to solution of the often-discussed problem of nominal vs. real income indicators as benchmark of socioeconomic disparities. Authors use statistical method of Small Area Estimation involving the estimation of parameters for small sub-populations, generally used when the sub-population of interest is included in a larger survey. Estimated nominal and real values of the regional net disposable income of average household are statistically analyzed. The findings underpin the need for a more accurate specification of economic and social disparities on a lower regional level.

Název v anglickém jazyce

Spatial Modelling of Nominal and Real Net Disposable Household Incomes in the Districts (LAU1) of the Czech Republic

Popis výsledku anglicky

The aim of this article is to suggest and apply spatial econometric model for estimation of the regional net disposable household incomes at the district level. Its purpose is to provide an instrument for more precise and more realistic comparison of the income level of average households across the regions of the Czech Republic in nominal value and also in purchasing power parity (real value). The article extends the application of the results of the research project devoted to issues of regional price levels in the Czech Republic. Therefore, it also contributes to solution of the often-discussed problem of nominal vs. real income indicators as benchmark of socioeconomic disparities. Authors use statistical method of Small Area Estimation involving the estimation of parameters for small sub-populations, generally used when the sub-population of interest is included in a larger survey. Estimated nominal and real values of the regional net disposable income of average household are statistically analyzed. The findings underpin the need for a more accurate specification of economic and social disparities on a lower regional level.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2017

Kód důvěrnosti údajů

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

Název statě ve sborníku

Mathematical Methods in Economics MME 2017

ISBN

978-80-7435-678-0

ISSN

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e-ISSN

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Počet stran výsledku

6

Strana od-do

336-341

Název nakladatele

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Místo vydání

Hradec Králové

Místo konání akce

HradecKrálové

Datum konání akce

1. 1. 2017

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000427151400058