Detailed Information on Publication Record
2020
Default in Selected Sectors in the Czech Republic
KRKOŠKOVÁ, RadmilaBasic information
Original name
Default in Selected Sectors in the Czech Republic
Authors
KRKOŠKOVÁ, Radmila (203 Czech Republic, guarantor, belonging to the institution)
Edition
České Budějovice, Proceedings of the 14th International Scientific Conference INPROFORUM Business Cycles – more than Economic Phenomena, p. 181-185, 5 pp. 2020
Publisher
Faculty of Economics, University of South Bohemia in České Budějovice
Other information
Language
English
Type of outcome
Stať ve sborníku
Field of Study
10103 Statistics and probability
Country of publisher
Czech Republic
Confidentiality degree
není předmětem státního či obchodního tajemství
Publication form
electronic version available online
RIV identification code
RIV/47813059:19520/20:A0000154
Organization unit
School of Business Administration in Karvina
ISBN
978-80-7394-824-5
ISSN
Keywords in English
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.
Abstract
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.