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Výdaje na výzkum a vývoj a ekonomický růst
Danyś, Ondřej
Danyś, O. Research and Development Expenditures and Economic Growth. Bachelor thesis. Brno: Mendel University in Brno, 2023. The bachelor's thesis examines the relationship between R&D spending and economic growth with a focus on government spending. The goal of the work is fulfilled thanks to panel regression analysis. The theoretical part shows the reasons why these expenses should lead to economic growth and contributes to the creation of the model in the empirical part. In the empirical part, a panel regression analysis is performed based on data from selected OECD countries. The period chosen for this analysis is between 2000-2020. The results of this regression indicated a positive effect of both total and government R&D expenditures on economic growth.
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Assessing the determinants of inflation rate in European countries
Wu, Wanru ; Holub, Tomáš (advisor) ; Dědek, Oldřich (referee)
This thesis assesses the determinants of inflation rate in European countries, including data from 2010 to 2022. The existing research didn't include data during the pandemic and war between Russia and Ukraine, two crises causing unexpected rises in the inflation rate. Using panel data in R studio, the results suggest that GDP per capita influences inflation the most, oil price also plays an important role, and the base interest rate and unemployment rate also influence the inflation rate. In addition, GDP per capita is a negatively related variable. The unemployment rate negatively affects the inflation rate. The change in oil price is positively related to the inflation rate, and it is the only positive variable.
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European Regions as an Example of the Relationship between Human, Institutional and Social Capital and Economic Performance
Chudý, Vít ; Netrdová, Pavlína (advisor) ; Pileček, Jan (referee)
This thesis is focused on the description and assessment of the relationships between human, institutional and social capital and the assessment of the effects of capital types on economic performance. After the operationalization of capital types and economic performance that was based on literature research, the relationships were analysed using the example of European regions (specifically NUTS 2). The analysis is focused on the regional differentiation of capital types and economic maturity. It also monitors the relationships between capital types and economic performance. This thesis is based on the latest statistical data from offices and surveys that deal with the quality of the institutional environment or the characteristics of social capital. The characteristics of capital types are shown in maps. For the statistical data analysis, we used factor, correlation and regressive analysis. Keywords: human, social and institutional capital, economic performance, GDP per capita, regional differentiation, European regions NUTS 2
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The Impact of International Sanctions on The Economy of Iran
Kraváček, Tomáš ; Baxa, Jaromír (advisor) ; Palanský, Miroslav (referee)
The pursue of Iran's regional ambitions since the very existence of the Islamic republic has commonly collided with the interests of other regional players such as Saudi Arabia and Israel supported by the U.S. Consequently, Iran has been often a target of various U.S. sanctions. Later, after the continuing Iranian reluctance to abide by the international rules concerning its nuclear programme, the EU joined the U.S. in sanctioning Iran. In 2012, the oil embargo was imposed by the former which dramatically reduced the value of Iranian exports. In this thesis, we apply the synthetic control method to estimate the effect of international sanctions on the economy of Iran. We estimate the possible development of Iranian GDP per capita during the 2010-2015 period had it not been for the international sanctions. Our results show a steady growth of the GDP per capita in the absence of the sanctions. In 2015, the last year of the sanctions, the difference between our estimated GDP per capita and the actual one is 1,911 U.S. dollars. Keywords synthetic control method, nuclear programme, GDP per capita, Iran, sanctions, trade, oil
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Sustainable Development Goal Nr. 1: End of Poverty
Komorová, Anežka ; Cahlík, Tomáš (advisor) ; Fanta, Nicolas (referee)
Nowadays, the question of the Sustainable Development Goals (SDGs) seems to get more and more attention. This bachelor thesis focuses on the first goal - end poverty in all its forms everywhere. There is a great number of literature which examines possible determinants of poverty in order to create effective strategies to fight witht it. Majority of them focuses on the study in particular countries or regions since their data are easier to access. On the contrary, this thesis examines variables and their effect on extreme poverty in the world with the use of the econometric analysis on panel data. There are seven independent variables used: GDP per capita, Gini index as a proxy variable for income inequality, population growth and four education attainment levels - no education, primary, secondary and tertiary. The World Bank was chosen as the primary source of data with a great number of observations from 125 countries over time period of 2000 and 2017. According to the results of the study, explanatory variables GDP per capita, income inequality, no education and tertiary education significantly affect extreme poverty. Also, the results show that the goal of 0 % is unlikely to be fulfilled by the year of 2030. To sum up, the first goal of the SDGs turned out as too ambitious. For its...
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Impact of economic crisis on fertility level in EU member states
Kortanová, Jana ; Kocourková, Jiřina (advisor) ; Šťastná, Anna (referee) ; Černíková, Alena (referee)
Impact of economic crisis on fertility level in EU member states Abstract The aim of this diploma thesis is to provide a detailed development overview of the selected indicators, i.e., GDP per capita, unemployment rate and total fertility rate, in the context of the Global Economic Crisis, which, on a European scale, started in 2008, and evaluate the impact of the crisis on fertility levels across EU countries. The diploma thesis further concerns itself with various approaches to the relation between economic development and fertility, briefly with the causes of the Global Economic Crisis and with family policy measures in response to worsening economic conditions. Using cluster and regression analyses, the relationship between the economic indicators and total fertility rates in relation to the onset of the crisis has been examined. Even though total fertility rates of individual EU countries were affected differently by the change of economic conditions, the results indicate that changes in unemployment rates affect fertility levels. The decline in fertility levels during the crisis, which occurred in most of the examined countries, is certainly the result of a large number of factors affecting reproductive behaviour. Nevertheless, the results suggest that the symptoms of the crisis significantly...
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Mesuring of economic performance of regions
Pešl, Dmitrij ; Musil, Petr (advisor) ; Kahoun, Jaroslav (referee)
The aim of this diploma thesis is to cover the catching up with the economic level among the countries of middle and eastern Europe. More accurately it analyses GDP per capita and household income per capita as one of the key economic indicators. The thesis concretely focuses on analysis of beta and sigma convergence and cluster analysis of the mentioned regions and concurrently at the background of the analysis explains some theoretical terms from areas of economics, econometrics and statistics. The analysis was concluded in IBM SPSS programme which belongs to the most complex, user friendly and professionally often used expert tools. The data for the analysis were used from Eurostat.
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Which Factors Drive Growth of Demand for Passenger Air Travelling?
Ondrejová, Zuzana ; Chytilová, Helena (advisor) ; Vozárová, Pavla (referee)
Is GDP per capita one of the main drivers affecting demand for passenger air travelling? Based on the time series analysis conducted for North American and Middle Eastern region, we have not rejected hypothesis about positive impact of GDP per capita on demand for air travelling. The thesis also analyzes whether the effects observed are weaker for more developed and more saturated markets. The second hypothesis was rejected, as we have found that the effect of the GDP per capita was on average 10% stronger for the North American region than for the Middle Eastern region. Moreover, we have found that for both regions oil prices are the important driver of the passenger air travel demand.
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An analysis of the determinants of alcohol consumption in selected OECD countries
Bárta, Ondřej ; Chytil, Zdeněk (advisor) ; Babin, Jan (referee)
This bachelor thesis analyzes impact of selected factors on alcohol consumption among 30 OECD countries. I estimate four econometric models based on data from the period 2000 -- 2010. Main determinants of dependent variable are price, GDP per capita, GDP growth, unemployment rate, long-term unemployment rate, number of hours spent working and share of social expenditures on GDP. I also take the financial crisis under consideration. Two stated hypotheses are: 1. Alcohol consumption is positively correlated with GDP per capita, 2. Alcohol consumption is positively correlated with unemployment rate. Hypothesis no. 1 is confirmed. Hypothesis no. 2 is disproved, therefor alcohol consumption is negatively correlated with unemyployment rate. On the contrary alcohol consumption is positively correlated with long-term uneymployment rate. Other significant factors are share of social expenditures on GDP and lagged alcohol consumption.
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An analysis of the determinants of suicide rates in OECD countries
Hainz, Filip ; Kovanda, Lukáš (advisor) ; Čermáková, Klára (referee)
This bachelor thesis analyzes the impact of selected socioeconomic factors on suicide rates among 32 OECD countries between years 2005-2010. Based on analysis by fixed and random effects method, the thesis confirms 2 stated hypothesis, which are: 1. Suicide rate is negatively correlated with GDP per capita, 2. Suicide rate is positively correlated with unemployment. Analysis implies that increase of GDP per capita leads to decrease in suicide rate by approximately 0,3 %. To the contrary, increase of unemployment by 1 percentage point leads to increase in suicide rate by about 1 %. Other identified significant factors are: alcohol consumption per capita and average hours worked in employment which positively, respectively negatively correlate with suicide rate. Findings mentioned above are consistent with sociological hypothesis stated by Henry and Short and economical hypothesis stated by Hamermesh and Soss.
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