Possibilities of Financial Crises Forecasting with Latent Semantic Indexing

Hájek, Petr; Střižík, Michal; Praks, Pavel; Kadeřábek, Petr

doi:10.18267/j.polek.708

Cited by 2 publications

(1 citation statement)

References 23 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In general, the thesis on the increasing role of so-called intensive factors of development (quality of human resources, application of science and development, technological and non-technological innovation, etc.) is generally accepted in assessing the impact of aggregate productivity on economic growth (Hajek & Mihola, 2009). However, increasing R&D spending alone is not enough.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

The Relationship between Pro-Innovation Factors and the Performance of the European Union Member States and their Regions

Крафтова

Kraft

2018

View full text Add to dashboard Cite

The strategic priority of the European Union is research, development and innovation, as has been explicitly stated by its representatives since 2000. However, the reality of supporting research and development, innovation and overall economic performance at the threshold of the Fourth Industrial Revolution is different. Europe is significantly losing its global share in wealth creation. Therefore, the objective of the article is to identify relationships between the economic performance and the pro-innovation factors, which represents intensity of research and development at the level of national economy of the EU Member States. At their regional level, NUTS 2, the economic performance is compared with the pro-innovation factors, which are represented on the one hand as the proportion of employed persons with higher education or persons working in the field of science and technology, and on the other hand as the proportion of persons employed in the high-tech sector. Research has shown that the contribution of R&D spending to economic performance is not invariant, that there is probably a certain degree of saturation for which the increase in these expenditures is associated with lower increases in economic performance in the country. The results of the regional analysis can be used to infer the higher importance of persons employed in research and university-educated workers for the country's economic performance compared to the share of those employed in the high-tech sector.

show abstract

Section: Theoretical Backgroundmentioning

confidence: 99%

The Relationship between Pro-Innovation Factors and the Performance of the European Union Member States and their Regions

Крафтова

Kraft

2018

View full text Add to dashboard Cite

show abstract

Does Ict Capital Affect Economic Growth in the Eu-15 and Eu-12 Countries?

Hančlová

Doucek

Fischer

et al. 2014

Journal of Business Economics and Management

View full text Add to dashboard Cite

The paper examines economic growth in old and new member countries of the European Union (EU-15 and EU-12) during the years of 1994-2000 and 2001-2008 mainly due to changes in information and communication technology (ICT) capital development. The first group EU-15 is presented by old EU countries and the second group EU-12 is presented by new member countries that joined the EU in 2004-2007. The threefactor Cobb-Douglas production function is estimated through the panel general least squares method. The input factors that might influence the economic growth are labour, ICT capital services and non-ICT capital services. Since ICT capital growth data are not available for all selected economies, the groups of countries were reduced to EU-14 and EU-7. The estimated panel production functions confirmed that the average growth of GDP in the EU-7 countries was supported by the stable growth of labour quantity and ICT-capital and increasing total factor productivity. A short-term drop in non-ICT capital growth with follow-up stagnation was caused rather by lower labour productivity. The research discovered that the drop in GDP growth in the EU-14 countries was a result of the slower growth of non-ICT capital and total factor productivity and the stagnated growth of ICT capital with low elasticity, and showed that even the compensation of growth in labour quality did not prevent a decrease in total factor productivity and economic growth.

show abstract

Possibilities of Financial Crises Forecasting with Latent Semantic Indexing

Cited by 2 publications

References 23 publications

The Relationship between Pro-Innovation Factors and the Performance of the European Union Member States and their Regions

The Relationship between Pro-Innovation Factors and the Performance of the European Union Member States and their Regions

Does Ict Capital Affect Economic Growth in the Eu-15 and Eu-12 Countries?

Contact Info

Product

Resources

About