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IDENTIFYING THE RELATIONSHIP BETWEEN UNEMPLOYMENT AND WAGE DEVELOPMENT IN THE SLOVAK REPUBLIC

100%

Pauhofová I. , Stehlíková B.

Ekonomický časopis (Journal of Economics)

2018

tom 66

nr 5

503 – 521

The problem of high unemployment and expected further growth repetitively appears among major global trends, along with the deepening of social instability. This leads to increased inequalities and deepening polarization of wealth as one of the top three global risks. The aim of this paper is to present the results of unemployment and wage development in Slovakia for the period 2000 – 2015 (at the national and regional levels). The added value for Slovakia results is a comparison of the relevant indicators between Czech Republic, Slovak Republic and Hungary. The authors further focus on the wage development dependence on the development of unemployment. Analyses in the paper are based on data from Eurostat, OECD, the Statistical Office and the Central Office of Labour, Social Affairs and Family in Slovakia. Findings (using quantile regression): increasing unemployment, wages in the districts of SR did not grow (in the focused period), increases in wages in districts with higher unemployment rates were lower than in districts with a lower unemployment rate, in the least developed districts reduced unemployment led to a minor increase in wages than expected.

EVALUATION OF AGRICULTURE’S ECONOMIC ROLE IN EU COUNTRIES

70%

Špirková D. , Stehlíková B. , Zúbková M. , Ševela M. , Stiglic D.

Ekonomický časopis (Journal of Economics)

2017

tom 65

nr 8

763 – 779

In this paper we investigate the position of agriculture in the economy of EU countries. Agriculture in the EU is highly heterogeneous – we characterise the sector by using the share of agriculture workers of total employment, the share of agriculture in total GDP, and the value added in agriculture per worker. To quantify the economic importance of agriculture per country for acquired specific condition, we construct the Agricultural Index-Total (AGRIT) and Agricultural Index (AGRI). We utilize the fuzzy set theory to contribute to the correct quantification of a country gap from the aimed-for condition of agricultural position. Using cluster analysis, we identify those countries with a similar position in agriculture. We test the efficacy of EU agrarian policy with the verification of sigma and beta convergence. The Eurostat database provides data for the evaluated 2005 – 2015 period.