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Government investment in the Czech Republic
 RENDLOVÁ, Šárka
Investments significantly affect development of economy in both short-term and long-term periods. The income effect of investment has a short-term impact on the aggregate demand. Aggregate supply is influenced by the capacity effect and it only manifests in a long-term period. Many studies analyse development of government investments. Some of these analyses are cited in this work, which compares various determinants that have an impact on the size and dynamics of government investments. Preliminarily it is possible to conclude that the main determinants are economic, fiscal policy, political-economical factors. For example, in the times of economic crisis government investments are first expenditures to cut. The aim of this work is how the mentioned factors affect growth and development of the investments in the Czech Republic. In empirical analysis the data from Eurostat for period 1995-2016 are used and they are also examined in terms of size, development and structure. Then the correlation analysis is used to examine how much selected factors influence investments. After correlation analysis the regression analysis is used for generating resulting models.
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