Politická ekonomie, 2003 (vol. 51), issue 1

Padesát let politické ekonomie

Fifty years of politická ekonomie

Milan ŽÁK

Politická ekonomie 2003, 51(1):3-7  

Executive Board intends to commemorate the fiftieth anniversary of the foundation of a Czech professional economic journal by publishing in Volume 2003 articles that will deal with the history, development, peripeteias, twists and turns of Politická ekonomie. Issue No. 1 will be focused on the period 1953 - 1957. An article describing the history of Czechoslovak Academy of Sciences Economics Institute, which was inseparably tied up with the journal and vice versa, will appear thereafter. On the occasion of the anniversary Executive Board addressed many eyewitnesses, renowned contributors and prominent economists inviting them to write a short text...

Ekonomický ústav, česká ekonomika a česká ekonomie

Václav KLAUS

Politická ekonomie 2003, 51(1):11-14  

Můj profesionální život a Politická ekonomie

Kamil JANÁČEK

Politická ekonomie 2003, 51(1):14-15  

Vzpomínky na budoucnost

Václav Klusoň

Politická ekonomie 2003, 51(1):17-21  

Ke kontinuitě poznávání ekonomických souvislostí

Růžena Vintrová

Politická ekonomie 2003, 51(1):25-27  

HISTORIE ČASOPISU POLITICKÁ EKONOMIE (ČÁST I: 1953 - 1957)

Jiří ŘEZNÍK

Politická ekonomie 2003, 51(1):29-39  

Mají ceny ropy vliv na hospodářský růst?

Do changes in oil price have an influence on GDP growth?

Otakar Hevler

Politická ekonomie 2003, 51(1) | DOI: 10.18267/j.polek.396

The paper focuses on the oil price-macroeconomy relationship by means of analyzing the impact of oil price changes on economic growth in the United States of America from 1947: Q1 to 2001: Q4. First, we present the most important oil shocks that occurred in the second half of the last century. Then we describe three different proxies of oil price changes. Second, we provide large analyze of the impact of oil price increases and decreases on the GDP using the different types of measurements of oil shock. The results suggest that an oil price increase, which overcomes it's own maximum values from three previous years, has greater negative effect on production...

Parita kupní síly - nástroj mezinárodních srovnání

Purchasing power parities - a tool of international comparisons

Vojtěch Spěváček

Politická ekonomie 2003, 51(1):59-78 | DOI: 10.18267/j.polek.393  

International comparison of gross domestic product and its component expenditures is based on the utilization of purchasing power parities which are conversion rates (both currency converters and price deflators). When GDPs of countries are converted to a common currency using PPPs, they are also revalued at common set of prices. The paper presents the concept of purchasing power parity and international comparison programmes of real expenditure on GDP. Particular attention is devoted to the last programme for 1999. The article explains both the methodology and the benchmark results of the 1999 round of Eurostat-OECD Purchasing Parity Programme.

Reálná konvergence - předpoklad plynulé integrace do Evropské unie

Real convergence - a presumption for a fluent integration into the European union

Růžena Vintrová

Politická ekonomie 2003, 51(1):79-91 | DOI: 10.18267/j.polek.394  

The economies of Central and Eastern Europe are acceding to the EU with economic levels well behind those of current Member States. Combining countries with different economic standards does give rise to certain risks. Where the convergence of the price level is too fast and is not underpinned by labour productivity growth above the level of growth in EU and by the related balancing of wage income, it could pose a threat to the standard of living due to the decline in real wages. If wage pressures are too strong, and force a rise in wages that is incommensurate to labour productivity, the competitiveness of the business sphere would decline, economic...

Ekonomická teorie a metodologie Gustava Schmollera

The economic theory and methodology of Gustav Schmoller

Marek Loužek

Politická ekonomie 2003, 51(1) | DOI: 10.18267/j.polek.395

The article is concerned with the economic theory and methodology of the most important representative of the younger German Historical School, Gustav Schmoller. His main economic work Grundriß der allgemeinen Volkswirtschaftslehre and his methodological ideas are discussed. Institutionalists welcome Schmoller's evolutionism, historism, empirism and interdisciplinary approach. His methodology provoked some interesting interpretations in philosophy, which most often give notice heritage of neo-Kantianism. Schmoller is significant especially for us - Czech economists - because he influenced not only the German economics but also the Czech economic tradition.