Browsing by Author "Zdražil, Pavel"

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    GROWTH DISPARITIES AMONG REGIONS OF THE VISEGRAD GROUP COUNTRIES: AN EVIDENCE OF THEIR EXTENT AND NATURE
    (Technická Univerzita v Liberci, ) Zdražil, Pavel; Applová, Petra; Ekonomická fakulta
    The deepening of regional disparities is an issue of increasing importance that has been systematically emphasized in the EU policy, especially since the process of “Eastern Integration” has started. The paper focuses on the Visegrad Group countries whose regions are less developed in the EU context. The aim of the research is to assess the development of disparities in regional economic performance of the Visegrad Group countries, to identify how the factors of economic growth determine these disparities, and partly to assess whether the integration of the Visegrad Group countries into the EU infl uenced the development of regional disparities in these countries. For the analysis of disparities during 2000–2013 we selected an approach of measuring real convergence (sigma-convergence). Disparities were measured in the context of a breakdown of the GDP per capita into sub-components, refl ecting on the development of disparities in productivity and employment. The results show that, although regions of the Visegrad Group countries converged towards the EU average and also in terms of the Visegrad Group as a whole, regional disparities within countries rather increased. This led to a paradox where, although the objective of reducing regional disparities across the EU was satisfi ed, from a national perspective disparities increased. The Labour productivity factor, with its dominant yet steadily growing contribution, is the main determinant of disparities in the performance of the Visegrad Group regions. Other sources of disparities are characterized by a stable development or convergence. Only Polish regions deviated from the general conclusions, since the extent of disparities among them grew constantly, and the nature of disparities was the Labour participation rate. In terms of the impact caused by accession into the EU, the measured changes were rather minor and the identifi ed trends had mostly been in place before the Visegrad Group countries entered the EU.
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    Indirect Estimation of the Development of Capital Productivity in the Regions: The Case of Poland
    (Technická Univerzita v Liberci, ) Zdražil, Pavel; Kraftová, Ivana; Ekonomická fakulta
    This study introduces a new (adopted) method of indirect estimation of the development of the productivity structure in the regions, which at the same time allows estimation of the contribution resulting from changes within the capital factor. Its theoretical background is built on the principles of growth accounting. Within this framework the study employs an arguable assumption of analogy in development of multifactor productivity of industry between the national and regional level. The literature review and empirical results shows, however, that such an assumption may be correct in some cases. Therefore, the article enhances the existing productivity analysis capabilities at the regional level. Within the aim, this study verifies the potential of applicability of proposed method on the regions of Poland. It uses the measure of symmetric mean absolute percentage error (SMAPE) to evaluate the accuracy of method proposed against actual values and the results of two other frequently used methods for disaggregation of capital among the regions in a country. The results indicate that the new method should be more accurate than the methods of regional decomposition of capital-based on value added, and flows investment accumulation. In fact, it seems to be quite correct especially in the industries of wholesale & retail trade, transport & storage, real estates, health & social work, and manufacturing. On the other hand, it is likely incorrect in the industries of information & communication activities, finance & insurance, and administrative & support activities. In general, the method seems to be more accurate for larger industries and vice versa. Higher precision is also observed for industries where capital demand is clearly increasing. Similarly, the method is more accurate in industries where none of the regions are more specialized and vice versa.
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    Innovation industry drivers
    (Technická Univerzita v Liberci, 2013-08-01) Kraftová, Ivana; Matěja, Zdeněk; Zdražil, Pavel; Ekonomická fakulta
    Competitiveness of the economy of a country or region is determined by the extent of its ability to implement innovations. Not every industry, however, is a strong industry in terms of innovations, an innovative driving force; therefore there seems to be evidence to suggest that the level of innovation and consequently the level of economic competitiveness correspond to certain industrial structure, specifically to the dominance of the relevant "drivers". The aim of this paper is to compare the selected countries by their level of innovation, using the results from the Global Innovation Index from the point of view of the industry structure and evolution of gross domestic product per capita; to try to find an answer to the question of whether highly innovative countries differ in the industrial structure from innovation "retarded" countries and simultaneously to evaluate the position of the Czech Republic. To fulfil its objective, the research was divided into three parts: determining the degree of correlation between the level of innovativeness of the country and its performance as measured by gross domestic product per capita; applying the SHA-DE model to determine the positions of the industry in terms of their share in gross value added and growth rate with a sample of selected countries; determining the concentration ratio of the studied groups of the industry in this group of countries. The analysis confirms that it is non-innovative economies that focus on the industries of agriculture, hunting, forestry and fishing, while economies with the highest level of innovation focus on the "J-P" industries according to ISIC 3.1. The conclusion also serves as a background to formulate general recommendations for the Czech economy.