Czech companies will have to deal with import of labour

Labour market or supply and demand for labour is determined by how individuals demand work (supply) and how the offer of jobs is from the side of companies (demand). This is a very important issue, as it is a part of the main factor markets. The data on labour market are used for analysing the movement of labour market. Thanks to this, it is possible to forecast its approximate development. The basic source are data from the database of the Ministry of Labour and Social Affairs of the Czech Republic. The objective of this paper is to analyse the development of supply and demand for labour in the years 2010-2020 and forecast its development until 2025. The analysis of time series is performed using the method of artificial neural networks, which enables the analysis of the development between 2010 and 2020 and forecasting the further development of supply and demand for labour until the year 2025. The research shows that the development until the year 2025 will not be very favourable. The demand will be much greater than the supply, which means there will be more vacancies than workers. To fill the vacancies and be able to further operate, companies will try to solve this situation by hiring workers from other countries. The results of the paper being submitted may serve for other labour market research.

Stacking Subsidies in Factor Markets: Evidence from Market Experiments

Government policies employ different support programs such as subsidies to reduce risks, increase efficiency in markets, and enhance societal welfare. In markets such as ethanol markets, where multiple agents receive subsidy, it is often difficult to determine whether recipients of these support programs will transfer some of their payments to other agents in the market. In this study, we use laboratory market experiments to understand subsidy incidence in markets where both buyers and sellers receive subsidies, and there are few buyers relative to sellers. Our results show that when subsidizing both sides of the market, framing effects matter, and when markets are buyer concentrated, subsidy distributions generally tend to favor buyers. With a per-unit subsidy of 20 tokens to both sides and an equal number of buyers and sellers in the market, we find that buyers increase their earnings by 13.4% while seller earnings decrease by 16.1%. On a per-schedule basis, buyer earnings in the concentrated market are similar to what we observed in the competitive market.

The Corporate Accelerator: A New Kind of Strategic Factor Market to Access Strategic Resources

Corporate accelerators are often viewed as a way to capture innovation from startups. In this study, we present a fresh understanding of the specific role of corporate accelerators in accessing a number of strategic resources held by startups other than innovation. This research study explores the ways in which corporations use corporate accelerators to acquire resources held within the strategic factor markets in which startups compete. Using six in-depth case studies of corporate accelerators and 43 interviews with accelerators, corporations, and startups, we investigate the type of strategic resources that can be accessed by firms via corporate accelerators. We also explain the dynamics through which corporations gain access to some of these strategic resources.

FACTOR MARKETS IN BULGARIAN BEEKEEPING

The aim is to determine the size and development trends of land and labor markets in the national beekeeping. The study is focused only on them, as the size and trends of national financial markets in beekeeping are defined in another study by the authors. The urgency of the problem stems from the important role of factor markets in achieving sustainable development of beekeeping and other sectors dependent on it, given the pollination activity of bees. The study finds that the land markets in the beekeeping sector are over 0.5 BGN million/year, and the labor markets are over 77.2 BGN million/year, i.e. form joint factor markets in the Bulgarian beekeeping for over 77.7 BGN million/year. Their development trends are positive and derived from those in the beekeeping sector and other related markets - financial and others.

Research on the Marketization of Urban and Rural Factors and the Coordinated Development of Urban and Rural Industries and Regions

At present, China is facing the problem of breaking down the system and institutional obstacles that hinder the free flow of factors. The development of new urbanization and urban and rural industries depends on the independent flow, efficient and fair allocation of factor markets; market-oriented allocation of factors is the development and core issue of new urbanization; the market plays a decisive role in the allocation of factor resources. On this basis, it is of great importance to put forward suggestions to further promote the free flow of factors and accelerate the development of new urbanization.