Default Rate in the Sector Information and Communication Activities in the Czech Republic .

@inproceedings{44283,
   author = {Krkošková, Radmila},
   address = {Brno},
   booktitle = {38th International Conference on Mathematical Methods in Economics},
   editor = {Svatopluk Kapounek, Hana Vránová},
   keywords = {ADF test; co-integration test; default rate; macroeconomic factors; sector IC activities; VECM},
   howpublished = {elektronická verze "online"},
   language = {eng},
   location = {Brno},
   isbn = {978-80-7509-734-7},
   pages = {320-325},
   publisher = {Mendel University in Brno Faculty of Business and Economics},
   title = {Default Rate in the Sector Information and Communication Activities in the Czech Republic .},
   year = {2020}
}

TY  - JOUR
ID  - 44283
AU  - Krkošková, Radmila
PY  - 2020
TI  - Default Rate in the Sector Information and Communication Activities in the Czech Republic .
PB  - Mendel University in Brno Faculty of Business and Economics
CY  - Brno
SN  - 9788075097347
KW  - ADF test
KW  - co-integration test
KW  - default rate
KW  - macroeconomic factors
KW  - sector IC activities
KW  - VECM
N2  - The main goal of this article is to analyze the relationship between the macroeconomic indicators and the default rate in the sector information and communication activities in the Czech Republic in the both long and short term. The vector error correction model was used for this purpose to determine both long-term and short-term causal relationships. To create the resulting model, the econometric methodology was used, namely unit root tests, Granger causality for the determination of statistically significant relationships, and the Johansen cointegration test. The results confirm the existence of relationships between macroeconomic variables and the probability of default in the sector information and communication activities. The model is based on the time series of the share of outstanding loans and the total amount of loans, and on selected macroeconomic indicators. The empirical results could be influenced by a period of a currency crisis. The data used have the character of quarterly time series in the period from 2005Q1 to 2019Q4. EViews software version 9 was used for the calculations.
ER  - 

KRKOŠKOVÁ, Radmila. Default Rate in the Sector Information and Communication Activities in the Czech Republic . Online. In Svatopluk Kapounek, Hana Vránová. \textit{38th International Conference on Mathematical Methods in Economics}. Brno: Mendel University in Brno Faculty of Business and Economics, 2020, s.~320-325. ISBN~978-80-7509-734-7.