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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Main Author: Drahomíra Dubská
Format: Article
Language:English
Published: Czech Statistical Office 2011-03-01
Series:Statistika: Statistics and Economy Journal
Subjects:
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.
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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