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The impact of occupancy in collective accommodation establishments on the selected macroeconomic variables in the Czech Republic in the period 2001 - 2015

Author

Listed:
  • Patrik Kajzar

    (Department of Tourism and Leisure Activities, School of Business Administration, Silesian University)

  • Klára Václavínková

    (Department of Tourism and Leisure Activities, School of Business Administration, Silesian University)

Abstract

The aim of this paper is to assess the impact of occupancy in collective accommodation establishments in the Czech Republic at an average rate of unemployment (%) to GDP (%) and the average pace of real wage growth (%) between 2001-2015. The methods are regression and correlation analysis. The output is then evaluate the impact of occupancy on the selected parameters. The most significant impact has occupancy in collective accommodation establishments at the average rate of unemployment. When we are comparing the GDP growth parameters and occupancy collective accommodation establishments is no evidence of a linear relationship. For evaluation of development depending average growth rate of real wages in total attendance collective accommodation establishments is indirect evidence of a weak linear dependence.

Suggested Citation

  • Patrik Kajzar & Klára Václavínková, 2018. "The impact of occupancy in collective accommodation establishments on the selected macroeconomic variables in the Czech Republic in the period 2001 - 2015," Working Papers 0048, Silesian University, School of Business Administration.
    • Handle: RePEc:opa:wpaper:0048
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    More about this item

    Keywords

    collective accommodation establishments; correlation analysis; Czech Republic; macroeconomic variables; occupancy; regression;
    All these keywords.

    JEL classification:

    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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