Reflection of the Economic Crisis in the Consumer and Entrepreneurs Subsectors
National accounts provide data about the economic behaviour of the sector of households as a whole and, to a limited extent, also divided into the consumer and entrepreneur sub-sectors. Time series of the sub-sector data are short, but cover the periods of significant economic changes. It is usual t...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Czech Statistical Office
2016-09-01
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| Series: | Statistika: Statistics and Economy Journal |
| Subjects: | |
| Online Access: | https://www.czso.cz/documents/10180/32912822/32019716q3004.pdf/dc2fa82c-1b5f-4b19-94d8-e69a6a3f3230?version=1.0 |
| _version_ | 1811308880958849024 |
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| author | Stanislava Hronová Richard Hindls Luboš Marek |
| author_facet | Stanislava Hronová Richard Hindls Luboš Marek |
| author_sort | Stanislava Hronová |
| collection | DOAJ |
| description | National accounts provide data about the economic behaviour of the sector of households as a whole and, to a limited extent, also divided into the consumer and entrepreneur sub-sectors. Time series of the sub-sector data are short, but cover the periods of significant economic changes. It is usual that final consumption expenditure and investments grow in times of economic growth. Recessions and crises are reflected in cautious consumer activity – lower consumption and less interest in investments and consequently in loans. When the signs of a crisis occur, producers immediately reduce costs and investments, and try not to increase their indebtedness. This paper should help identify manifestations of these general observations concerning consumers' and producers' behaviour in the period from 2009 to 2014, namely, behaviour of households in the Czech Republic viewed as consumers and as entrepreneurs. The article focuses in this context also the information value of the data for subsectors. |
| first_indexed | 2024-04-13T09:32:17Z |
| format | Article |
| id | doaj.art-8479f66f66084efda873067b79d97810 |
| institution | Directory Open Access Journal |
| issn | 0322-788X 1804-8765 |
| language | English |
| last_indexed | 2024-04-13T09:32:17Z |
| publishDate | 2016-09-01 |
| publisher | Czech Statistical Office |
| record_format | Article |
| series | Statistika: Statistics and Economy Journal |
| spelling | doaj.art-8479f66f66084efda873067b79d978102022-12-22T02:52:13ZengCzech Statistical OfficeStatistika: Statistics and Economy Journal0322-788X1804-87652016-09-01963421Reflection of the Economic Crisis in the Consumer and Entrepreneurs SubsectorsStanislava Hronová0Richard Hindls1Luboš Marek2University of Economics, Prague, Czech RepublicUniversity of Economics, Prague, Czech RepublicUniversity of Economics, Prague, Czech RepublicNational accounts provide data about the economic behaviour of the sector of households as a whole and, to a limited extent, also divided into the consumer and entrepreneur sub-sectors. Time series of the sub-sector data are short, but cover the periods of significant economic changes. It is usual that final consumption expenditure and investments grow in times of economic growth. Recessions and crises are reflected in cautious consumer activity – lower consumption and less interest in investments and consequently in loans. When the signs of a crisis occur, producers immediately reduce costs and investments, and try not to increase their indebtedness. This paper should help identify manifestations of these general observations concerning consumers' and producers' behaviour in the period from 2009 to 2014, namely, behaviour of households in the Czech Republic viewed as consumers and as entrepreneurs. The article focuses in this context also the information value of the data for subsectors.https://www.czso.cz/documents/10180/32912822/32019716q3004.pdf/dc2fa82c-1b5f-4b19-94d8-e69a6a3f3230?version=1.0Householdsconsumer sub-sectorentrepreneur sub-sectoreconomic crisis |
| spellingShingle | Stanislava Hronová Richard Hindls Luboš Marek Reflection of the Economic Crisis in the Consumer and Entrepreneurs Subsectors Statistika: Statistics and Economy Journal Households consumer sub-sector entrepreneur sub-sector economic crisis |
| title | Reflection of the Economic Crisis in the Consumer and Entrepreneurs Subsectors |
| title_full | Reflection of the Economic Crisis in the Consumer and Entrepreneurs Subsectors |
| title_fullStr | Reflection of the Economic Crisis in the Consumer and Entrepreneurs Subsectors |
| title_full_unstemmed | Reflection of the Economic Crisis in the Consumer and Entrepreneurs Subsectors |
| title_short | Reflection of the Economic Crisis in the Consumer and Entrepreneurs Subsectors |
| title_sort | reflection of the economic crisis in the consumer and entrepreneurs subsectors |
| topic | Households consumer sub-sector entrepreneur sub-sector economic crisis |
| url | https://www.czso.cz/documents/10180/32912822/32019716q3004.pdf/dc2fa82c-1b5f-4b19-94d8-e69a6a3f3230?version=1.0 |
| work_keys_str_mv | AT stanislavahronova reflectionoftheeconomiccrisisintheconsumerandentrepreneurssubsectors AT richardhindls reflectionoftheeconomiccrisisintheconsumerandentrepreneurssubsectors AT lubosmarek reflectionoftheeconomiccrisisintheconsumerandentrepreneurssubsectors |