Exploring the Relationship between Economic Growth and Employment in the Czech Republic and Belgium

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F15%3A68580" target="_blank" >RIV/60460709:41110/15:68580 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/68407700:21630/15:00237413

Výsledek na webu

<a href="http://dx.doi.org/10.5539/res.v7n11p115" target="_blank" >http://dx.doi.org/10.5539/res.v7n11p115</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.5539/res.v7n11p115" target="_blank" >10.5539/res.v7n11p115</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Exploring the Relationship between Economic Growth and Employment in the Czech Republic and Belgium

Popis výsledku v původním jazyce

The paper addresses the issue of employment policy development and implementation in the selected European countries with a similar economic structure and population, namely the Czech Republic and Belgium. The existing approaches used by Ministries of Labour and Social Affairs are based either on drawing subsidies from EU structural funds within the frameworks of various Operational Programmes or directjob creation that is realized as a consequence of GDP growth. The retrospective observation of the development of such macroeconomic indicators as GDP per capita and employment rate in Belgium reminded us the Okun?s law. This encouraged us to verify the inverted version of the latter and conduct a time series analysis with the use of ARIMA model. The conducted calculations revealed the existence of determined relationship between GDP per capita and employment rate, namely with GDP per capita increase by 2% corresponds to an increase in employment by 1%. This relationship applies vice ver

Název v anglickém jazyce

Exploring the Relationship between Economic Growth and Employment in the Czech Republic and Belgium

Popis výsledku anglicky

The paper addresses the issue of employment policy development and implementation in the selected European countries with a similar economic structure and population, namely the Czech Republic and Belgium. The existing approaches used by Ministries of Labour and Social Affairs are based either on drawing subsidies from EU structural funds within the frameworks of various Operational Programmes or directjob creation that is realized as a consequence of GDP growth. The retrospective observation of the development of such macroeconomic indicators as GDP per capita and employment rate in Belgium reminded us the Okun?s law. This encouraged us to verify the inverted version of the latter and conduct a time series analysis with the use of ARIMA model. The conducted calculations revealed the existence of determined relationship between GDP per capita and employment rate, namely with GDP per capita increase by 2% corresponds to an increase in employment by 1%. This relationship applies vice ver

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2015

Kód důvěrnosti údajů

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

Název periodika

Review of European Studies

ISSN

1918-7173

e-ISSN

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Svazek periodika

7

Číslo periodika v rámci svazku

11

Stát vydavatele periodika

CA - Kanada

Počet stran výsledku

10

Strana od-do

115-124

Kód UT WoS článku

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EID výsledku v databázi Scopus

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