Modeling Economic Growth in Contemporary Czechia

Daniel Stavárek is Professor and Head of the Department of Finance and Accounting, Silesian University in Opava, School of Business Administration in Karvina, Czechia.Michal Tvrdoň is Associate Professor in the Department of Economics and Public Administration, Silesian University in Opava, School of Business Administration in Karvina, Czechia.

• Foreword; Jiří Rusnok Chapter 1. The Czech Economy in the Last Decade: Determinants and Obstacles to Economic Growth; Daniel Stavárek and Michal Tvrdoň Chapter 2. Nominal and Real Convergence of Czechia with the Euro Area; Zuzana Szkorupová, Radmila Krkošková, and Irena Szarowská Chapter 3. International Trade and the Competitiveness of Czechia as the Fundamental Determinants of Economic Growth; Jan Nevima Chapter 4. The Role of Exchange Rate In Contemporary Czechia’s Foreign Trade; Jana Šimáková Chapter 5. Exchange Rate Commitment of the Czech National Bank; Jan Černohorský, Liběna Černohorská, and Petr Teplý Chapter 6. Dilemma of the Czech National Bank: Factors of Adverse Macroeconomic Development in Czechia; Petr Rozmahel and Marek Litzman Chapter 7. Corporate Taxation in Czechia: A Proper Tax Mix Stimulating Economic Growth; Jana Janoušková and Šárka Sobotovičová Chapter 8. Tax Policy to Internalize Road Transport Externalities; Petr David Chapter 9. Relationship Between General Government Expenditure and Economic Growth in Czechia; Irena Szarowská Chapter 10. Inflation Expectations in Czechia: Measurement and Determinants; Vojtěch Koňařík, Zuzana Kučerová, and Daniel Pakši Chapter 11. Regional Housing Prices in Czechia: Dynamics, Co-movements, and Drivers; Daniel Pakši and Aleš Melecký Chapter 12. Efficiency of the Czech Labour Market: Do Institutions Matter?; Aleš Franc Chapter 13. Polarisation of Employment in Czechia and Neighbouring Countries; Radek Náplava Chapter 14. Institutional Environment, Corruption and Their Impact on Economic Growth; Eva Kotlánová Chapter 15. Sectoral Indebtedness and its Influence on Output of the Czech Economy; Ladislava Issever Grochová and Michal Škára Chapter 16. The Contribution of Financial Institutions to Economic Growth; Iveta Palečková, Lenka Přečková, and Roman Hlawiczka Chapter 17. The ICT Sector in Czechia and its Contribution to Innovation and Economic Growth; Dennis Nchor Chapter 18. The Effects of the COVID-19 Pandemic on the Microeconomic Development of Czech Exports; Petra Růčková and Tomáš Heryán Chapter 19. Impact of Working Capital Management of Czech Companies on Their Performance; Markéta Skupieňová, Tetiana Konieva, and Ivana Koštuříková