Selected Views on Fixed Assets in the Czech Economy
Gross fixed capital formation (investment) in the Czech economy has been remaining the significant component of gross domestic product (GDP) from expenditure side during last roughly decade – in spite of the modest decrease in its share in GDP in nominal terms (from less than one third in 1995 to ju...
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Format: | Article |
Language: | English |
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Czech Statistical Office
2011-03-01
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Series: | Statistika: Statistics and Economy Journal |
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Online Access: | http://www.czso.cz/csu/2011edicniplan.nsf/engt/7800344E74/$File/180211q119-39.pdf |
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author | Drahomíra Dubská |
author_facet | Drahomíra Dubská |
author_sort | Drahomíra Dubská |
collection | DOAJ |
description | Gross fixed capital formation (investment) in the Czech economy has been remaining the significant component of gross domestic product (GDP) from expenditure side during last roughly decade – in spite of the modest decrease in its share in GDP in nominal terms (from less than one third in 1995 to just about one quarter in 2008). In real terms its share in the GDP shows more likely stagnation (from 29% in 1995 to 28% in 2008). But correlation between GDP and investment in the Czech Republic is weaker compared to EU27. The increases of the various types of fixed assets in the Czech economy in constant prices of the year 2000 show clearly more dynamic growth in machinery and equipment in comparison with the dwellings and other buildings and structures. NACE K Real estate, renting and business activities participated most in the total state quantity of the gross capital formation. Although the state of the gross fixed capital formation was growing on average by about 2%, y-o-y, the investment in dwellings in constant prices of the year 2000 only stagnated. Thearticle describes the reasons for that. The tangible assets in the households sector are mentioned, as well. The last part analyses current problems of investment in the Czech economy during economic crisis of 2009. Nevertheless, the fall of gross fixed capital formation in that year should not influence negatively the convergence of the Czech economy towards EU27 level. |
first_indexed | 2024-12-21T13:29:07Z |
format | Article |
id | doaj.art-aa29084b84d94fcea1f2dcb4e3a786fb |
institution | Directory Open Access Journal |
issn | 1804-8765 |
language | English |
last_indexed | 2024-12-21T13:29:07Z |
publishDate | 2011-03-01 |
publisher | Czech Statistical Office |
record_format | Article |
series | Statistika: Statistics and Economy Journal |
spelling | doaj.art-aa29084b84d94fcea1f2dcb4e3a786fb2022-12-21T19:02:21ZengCzech Statistical OfficeStatistika: Statistics and Economy Journal1804-87652011-03-014811939Selected Views on Fixed Assets in the Czech EconomyDrahomíra DubskáGross fixed capital formation (investment) in the Czech economy has been remaining the significant component of gross domestic product (GDP) from expenditure side during last roughly decade – in spite of the modest decrease in its share in GDP in nominal terms (from less than one third in 1995 to just about one quarter in 2008). In real terms its share in the GDP shows more likely stagnation (from 29% in 1995 to 28% in 2008). But correlation between GDP and investment in the Czech Republic is weaker compared to EU27. The increases of the various types of fixed assets in the Czech economy in constant prices of the year 2000 show clearly more dynamic growth in machinery and equipment in comparison with the dwellings and other buildings and structures. NACE K Real estate, renting and business activities participated most in the total state quantity of the gross capital formation. Although the state of the gross fixed capital formation was growing on average by about 2%, y-o-y, the investment in dwellings in constant prices of the year 2000 only stagnated. Thearticle describes the reasons for that. The tangible assets in the households sector are mentioned, as well. The last part analyses current problems of investment in the Czech economy during economic crisis of 2009. Nevertheless, the fall of gross fixed capital formation in that year should not influence negatively the convergence of the Czech economy towards EU27 level.http://www.czso.cz/csu/2011edicniplan.nsf/engt/7800344E74/$File/180211q119-39.pdfGross fixed capital formationGDPEU27industryhouseholdsdwellings |
spellingShingle | Drahomíra Dubská Selected Views on Fixed Assets in the Czech Economy Statistika: Statistics and Economy Journal Gross fixed capital formation GDP EU27 industry households dwellings |
title | Selected Views on Fixed Assets in the Czech Economy |
title_full | Selected Views on Fixed Assets in the Czech Economy |
title_fullStr | Selected Views on Fixed Assets in the Czech Economy |
title_full_unstemmed | Selected Views on Fixed Assets in the Czech Economy |
title_short | Selected Views on Fixed Assets in the Czech Economy |
title_sort | selected views on fixed assets in the czech economy |
topic | Gross fixed capital formation GDP EU27 industry households dwellings |
url | http://www.czso.cz/csu/2011edicniplan.nsf/engt/7800344E74/$File/180211q119-39.pdf |
work_keys_str_mv | AT drahomiradubska selectedviewsonfixedassetsintheczecheconomy |