THE ROLE OF TIER, OWNERSHIP AND SIZE OF COMPANIES IN VALUE CREATION AND CAPTURE
J Blazek, A Belohradsky, Z Holicka (2021)
European Planning Studies, 1-20
This article aims to address two research questions. First, what is the relationship between the basic characteristics of companies engaged in global and regional production networks (such as their tier, ownership, size) and their economic performance. In doing so, we scrutinize the empirical basis for frequent calls to ‘climb the ladder’. Second, we investigate the extent to which the economic performance of companies is related to their differing intensity of engagement into production networks, something largely disregarded in existing studies. The study uses economic indicators derived from a database covering the evolution of 55 Czech aerospace companies over a 14-year period. The methodology is based on descriptive statistics as well as on canonical correlation that helps to investigate multidimensional conditioning of economic performance of companies. The results show not only large variations in the economic performance of companies, but also several counter-intuitive trends. Our analysis consistently yielded the statistically significant finding that lead firms and first-tier suppliers are able to sacrifice short-term profitability and level of value added in order to reach a higher level of value capture. Therefore, the difference between value creation and value capture require careful consideration by researchers as well as by policymakers when comprehending the costs and benefits of functional upgrading.
THE VARIEGATED ROLE OF PROXIMITIES IN ACQUISITIONS BY DOMESTIC AND INTERNATIONAL COMPANIES IN DIFFERENT PHASES OF ECONOMIC CYCLES
V Kveton, A Belohradsky, J Blazek (2020)
Papers in Regional Science
This paper aims at an understanding of acquisition processes in a strongly industrialized and export‐oriented economy in Central Europe. Drawing on a proximity framework and behaviour theory, the paper investigates that the geographical proximity dimension is more influential than the cognitive proximity dimension. At the same time, cognitive proximity matters more for foreign firms investing into the economy than for domestic acquisitions. While the role of cognitive proximity diminished during the economic crisis, geographical proximity keeps its importance throughout the economic cycle. Moreover, cognitive proximity has become more important for acquisitions of large companies and less for SMEs.
REGIONAL HEALTH INEQUALITIES EXPLAINED: EMPIRICAL EVIDENCE FROM CZECHIA
A Belohradsky, D Glocker (2018)
GEOGRAFIE 124 (4), 365-383
Health outcomes in Central and Eastern Europe have been generally improving over the last two decades. However, in Czechia, similar to other countries, the outcomes vary significantly across the regional dimension. In 2016, life expectancy at birth ranged from between 75.5 to 80 years – across 77 districts. ;is article empirically analyses the determinants of these differences using a wide range of explanatory variables that are available on a district level. Applying factor analysis, our findings indicate that the socio-economic situation within a district is the main driver – explaining a difference of up to four years in life expectancy at birth. Further, controlling for gender specific variables, the results suggest that for men alcohol consumption significantly reduces life expectancy. Both factors capturing the socio-economic situation and alcohol consumption exceed the impact of health care accessibility or environmental causes on life expectancy. ;e results remain robust when using more disaggregated information on 206 administrative districts – per geographic scale.