Role of Companies' Size in Socio-Economic Development of Regions in the Czech Republic
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43310%2F19%3A43917372" target="_blank" >RIV/62156489:43310/19:43917372 - isvavai.cz</a>
Výsledek na webu
<a href="https://doi.org/10.32910/ep.70.6.2" target="_blank" >https://doi.org/10.32910/ep.70.6.2</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.32910/ep.70.6.2" target="_blank" >10.32910/ep.70.6.2</a>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Role of Companies' Size in Socio-Economic Development of Regions in the Czech Republic
Popis výsledku v původním jazyce
The aim of this paper is to investigate socio-economic development drivers of NUTS 3 regions in the Czech Republic. The aim is fulfilled by examination of the relationship between one of the regional development factors - the companies' size structure and the development of the region from both socio and economic views. We derive from the theory of diversification and prior empirical findings, and empirically test the role of companies' size in regional development. We use a balanced dataset of 14 regions covering the years 2000 - 2016 that provides the information about regions' socio-economic performance in terms of GDP and unemployment rate. We hypothesise that unemployment rate in the regions with higher share of small firms is less sensitive to the general trend of the whole economy. However, the higher share of small firms leads to improved regional GDP. Our findings confirm that small firms accelerate economic growth while playing a role of a social stabiliser in Czech regions. Our conclusions could help in designing the regional policy in the Czech Republic.
Název v anglickém jazyce
Role of Companies' Size in Socio-Economic Development of Regions in the Czech Republic
Popis výsledku anglicky
The aim of this paper is to investigate socio-economic development drivers of NUTS 3 regions in the Czech Republic. The aim is fulfilled by examination of the relationship between one of the regional development factors - the companies' size structure and the development of the region from both socio and economic views. We derive from the theory of diversification and prior empirical findings, and empirically test the role of companies' size in regional development. We use a balanced dataset of 14 regions covering the years 2000 - 2016 that provides the information about regions' socio-economic performance in terms of GDP and unemployment rate. We hypothesise that unemployment rate in the regions with higher share of small firms is less sensitive to the general trend of the whole economy. However, the higher share of small firms leads to improved regional GDP. Our findings confirm that small firms accelerate economic growth while playing a role of a social stabiliser in Czech regions. Our conclusions could help in designing the regional policy in the Czech Republic.
Klasifikace
Druh
J<sub>SC</sub> - Článek v periodiku v databázi SCOPUS
CEP obor
—
OECD FORD obor
50204 - Business and management
Návaznosti výsledku
Projekt
—
Návaznosti
S - Specificky vyzkum na vysokych skolach
Ostatní
Rok uplatnění
2019
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Ekonomski pregled
ISSN
0424-7558
e-ISSN
—
Svazek periodika
70
Číslo periodika v rámci svazku
6
Stát vydavatele periodika
HR - Chorvatská republika
Počet stran výsledku
16
Strana od-do
833-848
Kód UT WoS článku
000509733800002
EID výsledku v databázi Scopus
2-s2.0-85080965502