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  • The paper investigates selected macroeconomic variables where are seemingly influencing household spending in the Czech Republic in the present era of evolving cross-cultural interactions from 1993--2012. Based on the estimated regression model, it is plausible to state that net disposable income, cross-cultural dynamics, inflation rate, and saving rate as a proportion of disposable household income impact significantly on household spending. Moreover, the Granger causality analysis provides evidence of a feedback relationship between household spending and social globalization index. The results equally indicate bidirectional causality between saving rate and household spending as well as between the inflation rate and household spending.
  • The paper investigates selected macroeconomic variables where are seemingly influencing household spending in the Czech Republic in the present era of evolving cross-cultural interactions from 1993--2012. Based on the estimated regression model, it is plausible to state that net disposable income, cross-cultural dynamics, inflation rate, and saving rate as a proportion of disposable household income impact significantly on household spending. Moreover, the Granger causality analysis provides evidence of a feedback relationship between household spending and social globalization index. The results equally indicate bidirectional causality between saving rate and household spending as well as between the inflation rate and household spending. (en)
Title
  • A time series analysis of macroeconomic determinants of household spending in the era of cross-cultural dynamics: Czech Republic as a case study
  • A time series analysis of macroeconomic determinants of household spending in the era of cross-cultural dynamics: Czech Republic as a case study (en)
skos:prefLabel
  • A time series analysis of macroeconomic determinants of household spending in the era of cross-cultural dynamics: Czech Republic as a case study
  • A time series analysis of macroeconomic determinants of household spending in the era of cross-cultural dynamics: Czech Republic as a case study (en)
skos:notation
  • RIV/62156489:43110/14:00232198!RIV15-MSM-43110___
http://linked.open...avai/riv/aktivita
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  • S
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http://linked.open...aciTvurceVysledku
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http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 1248
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  • RIV/62156489:43110/14:00232198
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  • Czech republic; globalisation; income; granger causality; household spending (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [C585E5AA340C]
http://linked.open...v/mistoKonaniAkce
  • Brno, CZECH REPUBLIC
http://linked.open...i/riv/mistoVydani
  • Amsterdam, Netherlands
http://linked.open...i/riv/nazevZdroje
  • 17th International Conference Enterprise And Competitive Environment 2014
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...UplatneniVysledku
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  • Osakwe, Christian Nedu
  • Verter, Nahanga
http://linked.open...vavai/riv/typAkce
http://linked.open...ain/vavai/riv/wos
  • 345439100087
http://linked.open.../riv/zahajeniAkce
issn
  • 2212-5671
number of pages
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  • Elsevier Science Bv
http://localhost/t...ganizacniJednotka
  • 43110
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