Master Theses

Wednesday, 14 September, 2022

Master´s Thesis Defense Presentations

Let us invite you to the Master Thesis Defense Presentations on Wednesday, September 14, 2022.

Schedule

Wednesday 14. 09.

Defense Committee: Jan Hanousek (chair), Marek Kapička, Ctirad Slavík at room #320

9:30     Bakharev Konstantin: ICT Corporation within the Modern Market Economy: Benefits and Side Effects of Hosting "Silicon Valley”

           Chair: Sergey Slobodyan

           Opponent: Michal Kejak

11:00   Iankov Egor: Economic Growth in European Regions: Divergence within Convergence

           Chair: Byeongju Jeong

           Opponent: Veronika Selezneva

13:00   Solieva Viktoriya: Comparative Analysis of Economic Transformation or Republic of Uzbekistan and Central and Eastern Europe

           Chair: Daniel Münich

           Opponent: Tomáš Kučera

Bakharev Konstantin: ICT Corporation within the Modern Market Economy: Benefits and Side Effects of Hosting "Silicon Valley"

Abstract:

The growth of the information and communications technology (ICT) industry over the last couple of decades, spurred by rapid technological changes within the fields of collection and distri­bution of information, has led to a noticeable shift in the modern policies implemented by govern­ ments hosting large IT corporations. Tax benefits, subsidies, labor law exemptions, and government purchases are a few ways how a country can make itself more attractive for new “Google” facilities and support the growth of the ICT sector. However, these policies may not always be beneficial for the economic growth and development of innovative sectors. In this thesis, I study the efficiency of government programs that target ICT firms and show that such support programs may be more suitable for developing countries. A general equilibrium model with innovative goods producers and capital tax provides the theoretical framework and intuition for why the effects of this tax are different for a developed and developing economies. I explicitly show that elasticity of substitution on innovative markets play a significant role for the efficiency if ICT support programs. I employ the IV approach to support my results for the sample of European countries from 1998 until 2020 and study the possible channels for the effect of the support programs on innovation producers. I show that ICT support programs insignificantly increase the growth for developing counties and significantly decrease growth for developed economies.

Full Text: “ICT Corporation within the Modern Market Economy: Benefits and Side Effects of Hosting "Silicon Valley"”