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The economic performance of regions in the Czech Republic

Author

Listed:
  • Lenka Procházková

    (Department of Marketing and Trade, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic)

  • Miroslav Radiměřský

    (Department of Marketing and Trade, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic)

Abstract

Regional development in the Czech Republic contributed to the fact that at present none of the regions is significant backward compared to other. Individual regions have shown among themselves certain differences. This applies in particular to the economic performance of regions. This paper introduce results of our research. Main aim of the work was to indentify economic performace affecting factors of regions NUTS 3 in Czech Republic. It was necessary to define quantity of economic performance to meet this goal. We used them to create method of valuating economic performance of regions. We weighed quantities (e.g. GDP, unemployment rate, net disposable income) according to their importance. This procedure was applied to individual regions. We determined the level of economic performance of Czech regions. We present overview of factors and using statistical methods we test their importance to the economic performance of Czech regions.

Suggested Citation

  • Lenka Procházková & Miroslav Radiměřský, 2013. "The economic performance of regions in the Czech Republic," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 61(7), pages 2661-2667.
    • Handle: RePEc:mup:actaun:actaun_2013061072661
    DOI: 10.11118/actaun201361072661
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    References listed on IDEAS

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    3. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    4. Milan Viturka, 2007. "Konkurenceschopnost regionů a možnosti jejího hodnocení [Competitiveness of regions and possibilities of its evaluation]," Politická ekonomie, Prague University of Economics and Business, vol. 2007(5), pages 637-658.
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