SHS Web Conf.
Volume 39, 2017Innovative Economic Symposium 2017 (IES2017)
|Number of page(s)||12|
|Section||Strategic Partnerships in International Trade|
|Published online||06 December 2017|
The Impact of the Economic Crisis on Czech Municipal Expenditures
Institute of Technology and Business, School of Expertness and Valuation, Okružní 517/10, 37001 České Budějovice, Czech Republic
* Corresponding author: email@example.com
The paper focuses on the links between municipal expenditures and the economic crisis (or the economic cycle). The aim is to improve the predictions of municipal expenditures: current expenditures, capital expenditures and total expenditures. Current research shows that the predictions in times of economic growth are relatively good, but in times of economic crisis, models fail. The focus of this paper is the context of the business cycle in order to implement these macroeconomic contexts into predictive models. The tool for achieving this goal is to find strong connections, including time shifts.
Key words: prediction / economic crisis / municipal expenditures / planning
© The Authors, published by EDP Sciences, 2017
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (http://creativecommons.org/licenses/by/4.0/).
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