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Analysis of manufacturing industry in South Bohemia region
Kokoš, Roman ; Blažek, Jiří (advisor) ; Vojtěch, Vladimír (referee)
This paper will examine the economic and geographical analysis of companies in the manufacturing industry, located in the South Bohemia region. The theoretical concept chosen to examine this paper will be the Global Production Networks (GPN). This is used for the comparison of states and firms in the world economy. A decision was made to select a quantitative approach of studying selected GPNs. The subject area is to, analyse the economic activity and their results of 11 groups of companies according to their position in the GPN in reference to their hierarchy, ownership, function and size. Three data indicators will be used to support this analysis, Returns on Assets (ROA), Wages to Turnover (WTT) and Capital Expenditures to Turnover (CTT). This paper will find out which company type produces the best results and which can positively affect local development. This paper will also explore if there is any pattern on location, company category and its economical results. Key words: global production networks, manufacturing industry, South Bohemia, economical structure
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Analysis of economic structure in selected regions
Jirman, Martin ; Blažek, Jiří (advisor) ; Horák, Petr (referee)
The thesis deals with the analysis of Nachod and Tachov regions' economic structure. The aim of this work is to discover the range and character of differences between these regional economic structures within a national innovation system. Regions showing approximately similar vertical geographic position were chosen for the analysis deliberately, however they differ in various actualities, such as, for instance, their position in terms of west-east gradient, or more precisely horizontal geographic position. Based on the analysis of the relationship between the suppliers and consumers, manufacturing programmes, and not least ownership structures, the basic typology of the economic subjects from the manufacturing industry was executed. The results of this analysis point out significant dependence of the Tachov region on the activities of foreign investors and underdeveloped entrepreneurial environment. Nachod region reports, in the interregional comparison, better results in assessing the economic structure and features clearly more endogenous regional development than Tachov region. Key words: global production network, regional innovation system, manufacturing industry, economic structure
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Methods of Robust Econometrics with Applications to Economic Data
Michalíková, Eva ; Víšek, Jan Ámos (advisor) ; Egger, Peter (referee) ; Lachout, Petr (referee) ; Grendár, Marian (referee)
This thesis if focused on the application of methods of robust econometrics to real economic data. We focuse on the issuies of international trade in Czech Republic and the problem of employment and growth of small businesses in Europe. We also focues on estimation of panel data by classical approaches (least squares, fixed effects, GMM) and bzy robust techniques. The first part of dissertation focuses on analyzing determinants of FDI in Czech manufacturing industry. The aim is to estimate a model where the stock of FDI is expressed as a function of several economic factors (K/L, profit per worker, R&D, Balassa index and others). We estimate these models by OLS, fixed effects and GMM. With regard to ambiguous results we used least trimmed squares as a diagnostic tool for detection of outliers. Elimination of two polluting industries out of the data set brings certain improvement in significance of some factors. The second part of dissertation we focus on an estimation of models of employment and net production in 28 European countries for small businesses as a function of economic and institutional variables by special technique of estimation. We describe robust version of within group fixed effects estimation. The aim of paper is to estimate a set of models and to test the properties of estimator. With...
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Determinants of Industrialization in sub-Saharan Africa and Possibilities for their Development
Sejkora, Jiří ; Jiránková, Martina (advisor) ; Šaroch, Stanislav (referee) ; Fárek, Jiří (referee) ; Adamcová, Lenka (referee)
Sub-Saharan economies need structural changes that would enhance their productivity, increase economic growth and development. In this regard, industrialization plays a key role. Using regression analysis, the aim of this dissertation thesis is to identify main factors (determinants) of industrialization in sub-Saharan Africa. The results indicate that infrastructure and economy size (measured by population size) represent main determinants of industrialization in the region. The thesis also deals with possibilities for development of those determinants. Case study of infrastructure development in Mauritius emphasizes privatization, cooperation with external subjects etc. Negative consequences of small economy size can be overcome by preferential trade agreements (under certain circumstances), as shown by analysis of the three smallest economies in the region.
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The relationship between indebtedness and productivity at company level
VAŇÁČOVÁ, Hana
This diploma thesis is focusing on analysis of indebtedness and productivity at company level. The main aim is to analyse these two variables and find their relationship. The thesis is divided into two main parts, theoretical and practical. The theoretical part includes information about indebtedness and productivity issues, whereas the practi-cal part is focusing on analysing of these two variables and finding their relationship. It is focused on companies producing furniture. In the introduction of the practical part is a characteristics of furniture manufacturing industry according to the CZ-NACE and a summarization from a macroeconomic perspective. These companies are than cate-gorized by their size into micro, small, medium and large companies. The following chapters are aimed on a produc-tivity and indebtedness analysis according to each category and on analysis of their relationship. The last chapter is aimed on hypothesis that is supposed to find out, if the companies, that have long-term asset and indebtedness growth, have also a productivity growth. The conclusion includes a summary of all the analysis. According to the analysis was found out, that in some small groups of companies exist a significant relationship between productivity and indebted-ness. It is mainly about a medium and large companies.
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Impact of business cycle on manufacturing industry in the Czech Republic
Havlíková, Kristýna ; Čajka, Radek (advisor) ; Bolotov, Ilya (referee)
The diploma thesis titled Impact of business cycle on manufacturing industry in the Czech Republic deals with the manufacturing industrial production and its dependence on the current economic situation of two crucial trading partners of the Czech Republic, i.e. Federal Republic of Germany and France. At the very beginning the business cycle theory is defined, its evolution in selected countries is presented and the immense importance and great potential of the manufacturing industry in the Czech economy are described. Also, the given data are analysed and compared in order to find the relationship between the variables. Finally, the obtained results and outcomes are supported with a case study introducing a particular company and its figures.
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Competitivness of the Czech manufacturing sector in the context of global value chains
Zoller, Martin ; Czesaný, Slavoj (advisor) ; Damborský, Milan (referee)
The thesis analyzes competitiveness of the Czech manufacturing industry in the context of global value chains using data from the OECD TiVA database in years 2000, 2005, 2008 and 2009. The main aim of this work is to highlight the importance of global value chains and outline how the Czech Republic can increase its added value within them. In order to fulfill this objective, the theoretical part explains the importance of global value chains in modern manufacturing industry. In the practical part, five selected industries of the Czech manufacturing sector are compared with the respective industries in Denmark, Finland, Netherlands, Germany and Sweden using indicators of the added value and productivity of production factors. The last section describes the implications and recommendations for the Czech Republic.
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Analysis of determinants of production functions and environmental regulation and its impact on air pollution with a perspective of partial equilibrium model
Račan, Martin ; Geuss, Erik (advisor) ; Branžovský, Antonín (referee)
The diploma thesis covers themes of pollution intensity of production, informal environmental regulation and voluntary approaches. The theoretical part of thesis consists of main theories and empirical results of environmental regulation and impacts on manufacturing production. In the practical part author presents the econometric model of emission intensity equilibria is designed. Plants observations are gathered from IRZ registry in period 2005-2011 and air pollution is proxied by PM10 and C8H8 emissions. Following econometric analysis of emission intensity equilibria measures an influence by factors of production function and environmental regulation variables on intensity. As results have shown, significance of factors such as voluntary approaches, IPPC and socio-economic specifics haven't been proved. On the other hand statistically significant factors are firm's size and average wage of employees.
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The impact of exchange rate on manufacturing industry in Czech Republic
Březinová, Kateřina
Bachelor thesis evaluates the development of exchange rate of the Czech crown with the respect to the euro and its impact on manufacturing industry of the Czech Republic. The main methods used in this thesis are correlation matrix and coefficient of elasticity of time series exchange rate and manufacturing production or turnover from export of manufactured goods. The work also includes a case study, where the findings are applied on given manufacturing factory. The operational aim is the determination of possible protection against exchange rate volatility, so called hedging.
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