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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2020-05-18  |  Accepted: 2020-09-25  |  Published: 2020-12-30

Title

New Approach to determining the economic potential of rural area on the example of the South Bohemian region of The Czech Republic


Abstract

The paper discusses a new approach to determining the economic potential of rural area on the example of the region of South Bohemia in the Czech Republic. The approach is based on a comprehensive economic model, consisting of four sub-models (SM). Such aggregate model is used as the basis for the analysis of regional economic potential. The SMs were defined by the Progressivity Index of the Economic Structure, Trend of the Economic Structure Index, Business Activity Rate and Recreation and Tourism Index. The mathematical-statistical method of Stepwise backward analysis was used as an analytical tool. During this stage, the data database from Ekotoxa was used. Practically, the first two SMs named were verified. Furthermore, the implementation of the results was designed and tested by the researchers. Two research objectives were fulfilled, namely the construction of summary and partial models, and the suitability of the analytical method tested are verified. Practical knowledge to deal with the situation in the region of South Bohemia was also obtained. The positively influencing factors for the economic potential of the region include the trend of increasing the number of people with university education, public transport services on weekdays, nursery facilities and population density. Negative factors include the natives and availability of secondary schools with the Maturita exam and landscape fragmentation. Within the mathematical modelling, it is possible to simulate the positive and negative response of additional inputs to the tested factors.


Keywords

economic potential, rural space, stepwise backward analysis, summary economic model, sub-model


JEL classifications

O31 , L26 , C12


URI

http://jssidoi.org/jesi/article/737


DOI


Pages

914-931


Funding

This research was funded by Technology Agency of the Czech Republic, programme of ETA, project reg. no. TL01000349 – Stabilization and development of SME in rural areas.

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Pártlová, Petra
Institute of Technology and Business in České Budějovice, České Budějovice, Czech Republic https://www.vstecb.cz
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Líšková, Zuzana Dvořáková
University of South Bohemia, České Budějovice, Czech Republic https://www.jcu.cz
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Felcan, Miroslav
Academy of the Police Force in Bratislava, Bratislava, Slovakia https://www.akademiapz.sk
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Straková, Jarmila
Institute of Technology and Business in České Budějovice, České Budějovice, Czech Republic https://www.vstecb.cz
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Váchal, Jan
Institute of Technology and Business in České Budějovice, České Budějovice, Czech Republic https://www.vstecb.cz
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Polomský, Jozef
Institute of Technology and Business in České Budějovice, České Budějovice, Czech Republic https://www.vstecb.cz
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Journal title

Entrepreneurship and Sustainability Issues

Volume

8


Number

2


Issue date

December 2020


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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References