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How effective are subsidies for electric vehicles? An evaluation of Czech policy
Čekal, Jonáš ; Pleticha, Petr (advisor) ; Ščasný, Milan (referee)
This thesis deals with the effectiveness of Czech electromobility support. First programs to incentivize electric vehicle purchases were introduced by two Czech ministries in 2016 with grants available until the end of 2021. To estimate the effect of Czech incentives on electric vehicle sales, generalized difference-in- differences design is used. The estimation employs two-way fixed effects model with annual and monthly data spanning over 2015-2021. Estonia, Latvia, Lithuania and Poland were chosen to serve as a control group with electric vehicle market share and electric vehicle registrations as the dependent vari- ables. The results are ambiguous and do not suggest a clear link between the investigated variables and the subsidies. A more detailed dataset would be needed to conduct a definitive impact evaluation. JEL Classification O31, O38, R40, H25 Keywords Electromobility, Incentives, Subsidies, Rebates, Policy evaluation Title How effective are subsidies for electric vehicles? An evaluation of Czech policy
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Global Imbalances Reflected in the Eurozone's Accounting
Pleticha, Petr ; Janský, Petr (advisor) ; Paulus, Michal (referee)
In this study I investigate the discrepancies between net investment income and development of net international investment position of the Eurozone. To examine these discrepancies, I use the concept of dark matter which enables quantification of such discrepancies. This study has two goals: to present an alternative view on the development of net international investment position in the Eurozone, and to test validity of the dark matter concept by inspecting its interaction with main economic driving forces such as exchange rate or energy prices. Previous research was mainly focused on the United States and did not study dark matter in broader economic context. To date, no systematic analysis has considered the origins of dark matter behavior. The results indeed present the stocks of dark matter behaving in predictable manner, although, contrary to my expectations, they seem not to be connected with exchange rate. The Eurozone's international investment position adjusted for the stocks of dark matter looks also more optimistically, pushing the concerns about global imbalances aside. Powered by TCPDF (www.tcpdf.org)
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Trends and Patterns of Meat Consumption in The European Union
Teiml, Matěj ; Pleticha, Petr (advisor) ; Ehrenbergerová, Dominika (referee)
The goal of this thesis is to research the consumption of meat in the European Union and to look for trends and patterns regarding the consumption. We will take advantage of the panel data structure and use our own balanced panel data set to properly verify and quantify the relationship of macroeconomic, and country specific variables with annual meat consumption per capita. We used data covering the consumption of meat in the European Union member countries in the year of 2018, with data ranging from 2000 to 2018. All data in our thesis are annual and aggregated at the level of single European Union member countries. We used standard panel data analysis tools to reach statistically significant results to recognize and estimate the important determinants of meat consumption in the European Union
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Affordability of own housing across regions of the Czech Republic
Matoušek, Daniel ; Pleticha, Petr (advisor) ; Kalabiška, Roman (referee)
The main objective of the thesis was to investigate disparities in affordabili- ty of own housing across regions of the Czech Republic using three different approaches. Physical availability was monitored by indicators of Number of dwellings per 1000 citizens and Number of dwellings per 100 housekeeping households. Subsequently, the price-to-income ratio was applied to assess fi- nancial affordability for flats and for family houses, separately. The empirical part of the thesis applied first-difference model to uncover the determinants that could explain the disparities in housing affordability. Thus, only those variables that reported sufficient variability across regions were included in the model. As significant determinants of affordability of flats, volume of mortgage loans, number of finished dwellings, the volume of construction works both in the lagged and unlagged version of variable, the unemployment rate and the number of job vacancies were reported. JEL Classification F12, F21, F23, H25, H71, H87 Keywords housing affordability, price-to-income, panel data, regional analysis Title Affordability of own housing across regions of the Czech Republic Author's e-mail 88952997@fsv.cuni.cz Supervisor's e-mail ppleticha@gmail.com
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Productivity of Czech state administration with focus on IT technology and costs connected with use of modern technologies
Fuchs, Pavel ; Pleticha, Petr (advisor) ; Janský, Petr (referee)
Czech state government is often criticized because of slow implementation of new information technologies (IT). Furthermore, IT-related government contracts are frequently overpriced and the official analyses say only little about the projects' efficiency. The paper inquiries into relatively homogenous level of local government represented by municipalities of extended competence. These jurisdictions have to guarantee extensive portfolio of services, however they have relative freedom of investment decision making. We used Data Envelopment Analysis and assigned each municipality with efficiency score. We found out that higher investment in IT does not stand for improved efficiency and indicates inefficiencies in public spending. We also described an ambiguous effect of the size of the district and a significant negative effect of amount of clerks.
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Trends and Patterns of Meat Consumption in The European Union
Teiml, Matěj ; Pleticha, Petr (advisor) ; Ehrenbergerová, Dominika (referee)
The goal of this thesis is to research the consumption of meat in the European Union and to look for trends and patterns regarding it's consumption. We will take advantage of the panel data structure and use our own balanced panel data set to properly verify and quantify the relationship of macroeconomic, microeconomic, and country specific variables with annual meat consumption per capita. We used data covering the consumption of meat in the European Union member countries in the year of 2018, with data ranging from 2000 to 2018. All data in our thesis are annual and aggregated at the level of single European Union member countries. We used standard panel data analysis tools to reach statistically significant results and concluded that individual propensity to consume meat varies between countries of the European Union and found evidence suggesting that urbanization and labour force participation impact meat consumption significantly.
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Relation of Debt Relief to Social and Military Expenditures: Empirical Evidence
Nykl, Jan ; Baxa, Jaromír (advisor) ; Pleticha, Petr (referee)
This work focuses on the relationship between sovereign debt relief on one side and government expenditure on healthcare, education, and armed forces on the other side. Each effect is estimated separately using two dynamic panel data methods: Arellano-Bond Difference GMM and Arellano-Bover/Blundell-Bond System GMM. I use three subsets of a dataframe that contains 114 recipients of post-1991 debt relief. The health spending analysis was performed on 110 countries observed in the period of 1995 to 2017; the education expenditure equation was estimated using data on 104 countries from the period 1991 to 2018; and the military spending subset contains data on 103 countries also observed between 1991 and 2018. I found a statistically significant negative effect of debt relief on military expen- diture and a significant positive effect of debt relief on education spending. The latter was, however, sensitive to the choice of estimation method. The effect on health expenditure is unclear. 1
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Transport infrastructure and its impact on the economic growth in the EU
Peterka, Adam ; Pleticha, Petr (advisor) ; Cahlík, Tomáš (referee)
The main objective of this thesis is to determine whether a relationship exists between transport infrastructure and economic growth. This topic has been discussed by many studies, however no relevant study has measured the dif- ference in impact between countries under the historic influence of the Soviet Union. A dataset of 27 EU member states for the period 1995 to 2007 for the length of roads, motorways and railways per capita was analyzed based on their historic membership in the Warsaw pact treaty. A production function approach was applied and the results show positive impact of motorways and railways on the growth of GDP per capita. Keywords transport infrastructure, economic growth, pro- duction function, Warsaw pact, railway, roads, capital Title Transport infrastructure and its impact on the economic growth in the EU
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How much do we pay for a real estate ownership? A simulation approach
Gallová, Ivana ; Pleticha, Petr (advisor) ; Kukačka, Jiří (referee)
This thesis compares rent vs home ownership based on the net present value, within the periods of the Great Recession and current year. The analysis is focused on the Czech Republic real estate market as a whole. Rent and real estate price are forecasted, and factors determining the price of rent and real estate are identified. The ARIMA model used for forecasting performs accurate short-term predictions. The results expect 3,2 percent annual growth of rent in the following year and 7,2 percent increase for the real estate prices. The results of net present value analysis indicate, that for years 2008 and 2009 renting was superior choice, while for years 2011, 2013 and 2019 home ownership was to be preferred from financial aspect.
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