2020
Default in Selected Sectors in the Czech Republic
KRKOŠKOVÁ, RadmilaZákladní údaje
Originální název
Default in Selected Sectors in the Czech Republic
Autoři
KRKOŠKOVÁ, Radmila (203 Česká republika, garant, domácí)
Vydání
České Budějovice, Proceedings of the 14th International Scientific Conference INPROFORUM Business Cycles – more than Economic Phenomena, od s. 181-185, 5 s. 2020
Nakladatel
Faculty of Economics, University of South Bohemia in České Budějovice
Další údaje
Jazyk
angličtina
Typ výsledku
Stať ve sborníku
Obor
10103 Statistics and probability
Stát vydavatele
Česká republika
Utajení
není předmětem státního či obchodního tajemství
Forma vydání
elektronická verze "online"
Kód RIV
RIV/47813059:19520/20:A0000154
Organizační jednotka
Obchodně podnikatelská fakulta v Karviné
ISBN
978-80-7394-824-5
ISSN
Klíčová slova anglicky
ADF test; co-integration test; construction; default rate; financial and insurance activities; macroeconomic factors; VECM
Změněno: 22. 12. 2020 08:49, Mgr. Radmila Krkošková, Ph.D.
Anotace
V originále
The paper investigates the relationship between the macroeconomic indicators and default rate in the sector of construction and the sector of financial and insurance activities in the Czech Republic. Both long-term and short-term relationships are analysed. This approach requires the construction of vector error correction model which determines both long-term and short-term causal relationship. This investigation is based on the time series of the share of outstanding loans and the total amount of loans, and on selected macroeconomic variables. The results confirm the existence of statistically significant relationships between macroeconomic indicators and the probability of defaults within both sectors. We have used the data from 2005Q1 to 2019Q4. Calculations have been performed by using the Eviews software.