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Vývoj národního důchodu České republiky od 80. let 20. století
[Czech National Income since 1980s]

Author

Listed:
  • Kristýna Vltavská
  • Jaroslav Sixta
  • Martina Šimková

Abstract

Researchers and analysts usually prefer to have long time series of gross domestic product as the most important indicator of the economy. However, gross national income presents indicator that covers not only what a country produce but it takes into account values produced by factors of productions owned by foreigners. From that point of view gross national income presents more interesting information than gross domestic product. This paper describes the recalculation of historical time series of gross domestic product in the Czech Republic into the standard of national accounts ESA 2010. It presents results for all three approaches to GDP, employment and gross national income. Although results of GDP and employment start in the year 1970, the lack of data allowed us prepared figures for gross national income from year 1984 onwards. Moreover, this paper shows some of the possibilities to the international comparison with European countries for the better description of the position of the Czech Republic in the European context.

Suggested Citation

  • Kristýna Vltavská & Jaroslav Sixta & Martina Šimková, 2018. "Vývoj národního důchodu České republiky od 80. let 20. století [Czech National Income since 1980s]," Politická ekonomie, Prague University of Economics and Business, vol. 2018(1), pages 35-56.
  • Handle: RePEc:prg:jnlpol:v:2018:y:2018:i:1:id:1176:p:35-56
    DOI: 10.18267/j.polek.1176
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    References listed on IDEAS

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    1. Bos, Frits, 1992. "The history of national accounting," MPRA Paper 5952, University Library of Munich, Germany.
    2. Jan Adam, 1984. "Employment and Wage Policies in Poland, Czechoslovakia and Hungary since 1950," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-06832-6, October.
    3. Holmlund, Bertil & Zetterberg, Johnny, 1991. "Insider effects in wage determination : Evidence from five countries," European Economic Review, Elsevier, vol. 35(5), pages 1009-1034, July.
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    More about this item

    Keywords

    gross national income; system of national accounts; ESA 2010; gross domestic product;
    All these keywords.

    JEL classification:

    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • N01 - Economic History - - General - - - Development of the Discipline: Historiographical; Sources and Methods

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