Economies of Scale – Empirical Evidence from the Czech Republic

Matějová, Lenka; Plaček, Michal; Křápek, Milan; Půček, Milan Jan; Ochrana, František

doi:10.1016/s2212-5671(14)00361-x

Cited by 14 publications

(11 citation statements)

References 17 publications

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“…Th e eff ects of such measures across Europe have relatively extensive empirical evidence, e.g. general (Ágh, 2010), pre-school education (Montén and Th ater 2011, Matějová et al 2014), water (Picazo -Tadeo, et al 2009, Byrnes et al 2010, hospitals (Blank and Valdmanis 2010), public libraries (De Witte and Geys 2009) and public transportation (Walter and Cullmann 2008).…”

Section: Discussion and Recommendationsmentioning

confidence: 99%

“…To create the theoretical framework, we adopt the idea of fi scal federalism as off ered by Oates (1972Oates ( , 1977Oates ( ,1999, Tiebout (1956), Musgrave and Musgrave (1989) and Baldwin and Wyplosz (2004), interconnected with the idea of achieving savings in the public sector (Gaebler 1971;Matějová et al 2014;Půček and Ochrana 2014) and the idea of an effi cient allocation of resources (Půček, 2014;Nemec et al 2014).…”

Section: Research Framework and Research Foundationsmentioning

confidence: 99%

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Comparative Analysis of Selected Factors Affecting Heating Costs of Schools in Selected Balkan Countries

Koppitz¹,

Půček

Ochrana

et al. 2015

NISPAcee Journal of Public Administration and Policy

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Th e paper aims to carry out a comparative analysis of heating of school facilities under the administration of municipalities in Macedonia, Moldova and Kosovo and to test the factors that aff ect the heating costs of school facilities. For a defi nition of the theoretical fundament parts of the theory of fi scal federalism are used. Subsequently fi ve hypotheses are put forward that are verifi ed using the method of benchmarking. Th e theoretical conclusions and recommendations may be used for a more eff ective implementation of public policies within the surveyed countries.

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Section: Discussion and Recommendationsmentioning

confidence: 99%

Section: Research Framework and Research Foundationsmentioning

confidence: 99%

Comparative Analysis of Selected Factors Affecting Heating Costs of Schools in Selected Balkan Countries

Koppitz¹,

Půček

Ochrana

et al. 2015

NISPAcee Journal of Public Administration and Policy

Self Cite

View full text Add to dashboard Cite

show abstract

“…As to institutional conditions, research was done in the Czech Republic by Matějová, Plaček, Krápek, Puček and Ochrana (2014). The Czech Republic is a special case, because the number of small municipalities is huge.…”

Section: Institutional Conditions and Small Municipalitiesmentioning

confidence: 99%

The Potential Capacity of Hamlets: Comparative Research on Small European Municipalities

Vries¹,

Sobis

2019

CEPAR

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The main theories on small municipalities and the practices as seen in many a country involving the consolidation thereof presume that the contextual and structural conditions under which small municipalities have to perform work to their detriment and pose a threat to their viability. However, the institutional and human resource conditions in which small municipalities operate might work both ways, being profitable as well as disadvantageous. This paper investigates what is theoretically known and can be empirically deduced about the capacity of small municipalities in Europe. The conclusion is that existing research is inconclusive in its outcomes regarding the actual capacity of so-called hamlets and that existing data related to local capacity are unfit to measure such among these small municipalities. Nonetheless, the paper concludes that although no conclusions can be drawn on the actual capacity of small municipalities, their potential capacity is significant. This is concluded based on their legal protection, their inclination to focus on a limited number of policy areas, their access to central and regional decision-making, and especially the trust they receive from their residents.

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“…For example, Cabaleiro et al (2013) developed a method for assessing municipal financial health, which combines multivariate statistical techniques of principal component analysis and discriminant analysis. Matejova et al (2014) established the relationship between economic indicators and the municipality size in Czech Republic, the so-called economies of scale, using econometrics methods.…”

Section: Introductionmentioning

confidence: 99%

The use of discriminant analysis in the assessment of municipal company's financial health

Yakymova¹,

Kuz²

2019

Economics &Amp; Sociology

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Decentralization processes in the CEE countries have stimulated the search for measures of financial health of municipal companies that would be comparable and understandable to a broad range of stakeholders. In this study, we have developed a five-factor discriminant model for assessing municipal company's financial health (M-Score model) using data on 50 Ukrainian companies during 2014-2017. The final test sample consisted of 71 companies operating in Bulgaria, Croatia, Czech Republic, Poland, Romania and Ukraine. Our findings can be summarized as follows. First, the empirical model suggests that the equityassets ratio, the current ratio, and the average accounts receivable turnover have both the highest discriminatory power and the greatest impact on the municipal company's financial health. Secondly, we provide convincing evidence that the municipal company's financial health does not depend on the region, but on the nature of its activity and the purpose of enterprise activity. In particular, water and energy utilities are generally financially unhealthy, and out of 45 socalled necessary enterprises, only 12 are classified as financially healthy. The company's M-Score will help managers, lenders, investors, local authorities, and the public to answer the following questions: Can the company avoid financial default? What is its position at the local level? What is its place in the industry?

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Economies of Scale – Empirical Evidence from the Czech Republic

Cited by 14 publications

References 17 publications

Comparative Analysis of Selected Factors Affecting Heating Costs of Schools in Selected Balkan Countries

Comparative Analysis of Selected Factors Affecting Heating Costs of Schools in Selected Balkan Countries

The Potential Capacity of Hamlets: Comparative Research on Small European Municipalities

The use of discriminant analysis in the assessment of municipal company's financial health

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