1. ANALYSIS OF IMPACTS OF BUSINESS CYCLES ON AUTOMOTIVE INDUSTRY IN YEARS 1993-2013 IN THE CZECH REPUBLIC
- Author
-
Ďoubal, Jakub, Ševčík, Miroslav, and Czesaný, Slavoj
- Subjects
automotive industry ,automobilový průmysl ,Česká republika ,Czech Republic ,business cycle ,hospodářský cyklus ,theory of regulation ,teorie regulace - Abstract
The aim of this thesis is to analyse the impacts of business cycles on individual segments of the automotive industry in the last 23 years in the Czech Republic. The areas analysed are sales and production of cars. Attention is also paid to the downstream industry of parts producers. The theoretical part deals with the theoretical approaches of the business cycle, basic methods of measurement cycles and, furthermore, theories related to the automotive industry. The analysis in the practical part is developed on this theoretical basis. The analytical section is divided in three parts according to three full cycles that went through the analysed time period. What was most apparent was the difference of every cycle. It is from this difference that the different impact of cycle on analysed indicators in each period comes. However, it is evident that the automotive industry is behaving procyclically. Most of the indicators are weakly or moderately cyclical, based on the correlation coefficient.
- Published
- 2016