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Economic crisis and labour market in the Czech Republic


  • Václav Toušek
  • Václav Novák


In their article the authors present a hypothesis that, even at the time of economic crisis, regional disparities in the labour market situation may decrease. Temporal and spatial analysis of the Eurostat data on unemployment has unequivocally proved that the economic crisis has deepened the differences in the level of unemployment between the individual EU member countries. However, a similar unemployment data analysis for 77 districts of the CR has lead to the knowledge that, in the Czech Republic, the differences in unemployment have decreased. This fact was significantly influenced by two main factors: the large-scale character of the economic crisis, and the well-chosen tools of the regional policy in the CR before the crisis (support of direct foreign investment, support of the construction of industrial zones etc.). The authors chose the coefficient of variation as the basic indicator to quantify regional disparities.

Suggested Citation

  • Václav Toušek & Václav Novák, 2012. "Economic crisis and labour market in the Czech Republic," Regionální studia, University of Economics, Prague, vol. 2012(1), pages 38-52.
  • Handle: RePEc:prg:jnlrst:v:2012:y:2012:i:1:id:64:p:38-52

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    References listed on IDEAS

    1. Margot Lutzenhiser & Noelwah R. Netusil, 2001. "The Effect Of Open Spaces On A Home'S Sale Price," Contemporary Economic Policy, Western Economic Association International, vol. 19(3), pages 291-298, July.
    2. Baranzini, Andrea & Schaerer, Caroline, 2011. "A sight for sore eyes: Assessing the value of view and land use in the housing market," Journal of Housing Economics, Elsevier, vol. 20(3), pages 191-199, September.
    3. Cropper, Maureen L & Deck, Leland B & McConnell, Kenneth E, 1988. "On the Choice of Functional Form for Hedonic Price Functions," The Review of Economics and Statistics, MIT Press, vol. 70(4), pages 668-675, November.
    4. Anderson, Soren T. & West, Sarah E., 2006. "Open space, residential property values, and spatial context," Regional Science and Urban Economics, Elsevier, vol. 36(6), pages 773-789, November.
    5. Tyrvainen, Liisa & Miettinen, Antti, 2000. "Property Prices and Urban Forest Amenities," Journal of Environmental Economics and Management, Elsevier, vol. 39(2), pages 205-223, March.
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