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Impacts of a scrappage program: The case of the Czech Republic
Korba, Pavel ; Dózsa, Martin (advisor) ; Hrušová, Ivona (referee)
In this thesis we are analyzing impacts of scrapping programs on production of per- sonal cars in the Czech Republic. The scrappage scheme was introduced in thirteen states of the European Union as a possible solution to decline of demand for new per- sonal cars in 2008 and 2009 as a consequence of economic crisis. The scrappage scheme has not been introduced in the Czech Republic, even though the law permitting this scheme has been passed. The first chapter introduces a scrapping scheme in gene- ral, compares advantages and disadvantages and connects a scrapping scheme with the automotive industry of the Czech Republic. Furthermore, the position of Czech producers on domestic and European market is studied in this chapter. The second chapter concerns scrapping schemes in particular states of the European Union. We analyze the change of deliveries of producers to customers in particular states using data provided by these producers. In the third chapter an econometric analysis is used to identify main determinants of the demand for new personal cars and these determinants are compared with results from previous studies. The expected change of demand for new personal cars as a consequence of scrapping scheme is based on these determinants estimated and the impacts of this expected change on...
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The Environmental Kuznets Curve Framework: Europe 2020 Greenhouse Gases Target in the EU-15 states
Korba, Pavel ; Dózsa, Martin (advisor) ; Kraicová, Lucie (referee)
In the thesis, we examine the necessity and impacts of measures adopted under the greenhouse gas emissions target in the Europe 2020 growth strategy in the EU-15 states. For testing the necessity of the measures, we use the Environmental Kuznets Curve (EKC) hypothesis for carbon dioxide (CO2) emissions as the theoretical framework, the Autoregressive distributed lag model as the econometrical technique and annual data from 1970 to 2010 (1991 to 2010 in the case of Germany). The existence of the EKC is detected in Belgium, Denmark, France, Germany, Netherlands, Spain, Sweden, and the United Kingdom. However, only in Denmark the EKC hypothesis is supported significantly (on ten percent level of significance). Following the main implication of the EKC hypothesis, only in Denmark is the economic development sufficient enough to safeguard environmental quality; therefore, no additional measures are needed. In the remaining states, we tested Granger causality using the Toda-Yamamoto procedure to inquire about the impacts of the measures on gross domestic product (GDP). Our results indicate that only in Austria, Germany (with caution due to a limited number of observations) and Ireland, the measures may impede economic development. In the remaining states, no causality or only a causality running from GDP...
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The Environmental Kuznets Curve Framework: Europe 2020 Greenhouse Gases Target in the EU-15 states
Korba, Pavel ; Dózsa, Martin (advisor) ; Kraicová, Lucie (referee)
In the thesis, we examine the necessity and impacts of measures adopted under the greenhouse gas emissions target in the Europe 2020 growth strategy in the EU-15 states. For testing the necessity of the measures, we use the Environmental Kuznets Curve (EKC) hypothesis for carbon dioxide (CO2) emissions as the theoretical framework, the Autoregressive distributed lag model as the econometrical technique and annual data from 1970 to 2010 (1991 to 2010 in the case of Germany). The existence of the EKC is detected in Belgium, Denmark, France, Germany, Netherlands, Spain, Sweden, and the United Kingdom. However, only in Denmark the EKC hypothesis is supported significantly (on ten percent level of significance). Following the main implication of the EKC hypothesis, only in Denmark is the economic development sufficient enough to safeguard environmental quality; therefore, no additional measures are needed. In the remaining states, we tested Granger causality using the Toda-Yamamoto procedure to inquire about the impacts of the measures on gross domestic product (GDP). Our results indicate that only in Austria, Germany (with caution due to a limited number of observations) and Ireland, the measures may impede economic development. In the remaining states, no causality or only a causality running from GDP...
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Impacts of a scrappage program: The case of the Czech Republic
Korba, Pavel ; Dózsa, Martin (advisor) ; Hrušová, Ivona (referee)
In this thesis we are analyzing impacts of scrapping programs on production of per- sonal cars in the Czech Republic. The scrappage scheme was introduced in thirteen states of the European Union as a possible solution to decline of demand for new per- sonal cars in 2008 and 2009 as a consequence of economic crisis. The scrappage scheme has not been introduced in the Czech Republic, even though the law permitting this scheme has been passed. The first chapter introduces a scrapping scheme in gene- ral, compares advantages and disadvantages and connects a scrapping scheme with the automotive industry of the Czech Republic. Furthermore, the position of Czech producers on domestic and European market is studied in this chapter. The second chapter concerns scrapping schemes in particular states of the European Union. We analyze the change of deliveries of producers to customers in particular states using data provided by these producers. In the third chapter an econometric analysis is used to identify main determinants of the demand for new personal cars and these determinants are compared with results from previous studies. The expected change of demand for new personal cars as a consequence of scrapping scheme is based on these determinants estimated and the impacts of this expected change on...
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