Detailed Information on Publication Record
2024
Economic Growth and Agricultural Sector Dynamics in the Visegrad Group: A Panel Analysis
KRKOŠKOVÁ, Radmila, Zuzana NENIČKOVÁ and Lucie WALECZEK ZOTYKOVÁBasic information
Original name
Economic Growth and Agricultural Sector Dynamics in the Visegrad Group: A Panel Analysis
Authors
KRKOŠKOVÁ, Radmila (203 Czech Republic, guarantor, belonging to the institution), Zuzana NENIČKOVÁ (203 Czech Republic, belonging to the institution) and Lucie WALECZEK ZOTYKOVÁ (203 Czech Republic, belonging to the institution)
Edition
Praha, Proceedings of the 42nd International Conference on Mathematical Methods in Economics, p. 189-194, 6 pp. 2024
Publisher
The Czech Society for Operations Research
Other information
Language
English
Type of outcome
Stať ve sborníku
Field of Study
50202 Applied Economics, Econometrics
Country of publisher
Czech Republic
Confidentiality degree
není předmětem státního či obchodního tajemství
Publication form
electronic version available online
References:
Organization unit
School of Business Administration in Karvina
ISBN
978-80-7561-482-7
ISSN
Keywords in English
agricultural; ARDL; economic growth; food production index; panel analysis
Změněno: 23/11/2024 09:34, Mgr. Radmila Krkošková, Ph.D.
Abstract
V originále
This empirical investigation analyzes the interplay between employment in the agricultural sector, food production index, and economic growth within the Visegrad Group. Utilizing panel analysis, the study investigates annual time series data spanning from 2005 to 2023. Employing panel data analysis and the Autoregressive Distributed Lag (ARDL) model, the study aims to clarify the research objectives. Findings reveal that, in the short and long terms, the food production index significantly impacts economic growth. Specifically, an increase in the food production index correlates with boosted economic growth. Conversely, a decline in the agricultural sector labor force tends to spur economic growth. The agricultural sector continues to be a vital pillar of economic growth in the Visegrad Group. Understanding the dynamics, challenges, and opportunities within this sector is essential for policymakers, stakeholders, and investors to formulate strategies that promote sustainable development across the countries.