J 2015

IMPACT OF TRADE ON ECONOMIC GROWTH IN THE CZECH AND SLOVAK REPUBLICS

ŽÍDEK, Libor and Hana FITZOVÁ

Basic information

Original name

IMPACT OF TRADE ON ECONOMIC GROWTH IN THE CZECH AND SLOVAK REPUBLICS

Authors

ŽÍDEK, Libor (203 Czech Republic, guarantor, belonging to the institution) and Hana FITZOVÁ (203 Czech Republic, belonging to the institution)

Edition

Economics and Sociology, 2015, 2071-789X

Other information

Language

English

Type of outcome

Článek v odborném periodiku

Field of Study

50200 5.2 Economics and Business

Country of publisher

Ukraine

Confidentiality degree

není předmětem státního či obchodního tajemství

References:

RIV identification code

RIV/00216224:14560/15:00084092

Organization unit

Faculty of Economics and Administration

UT WoS

000365684200004

Keywords in English

Czech and Slovak trade; export-led growth; cointegration; VAR model

Tags

International impact, Reviewed
Změněno: 2/4/2019 16:47, doc. Ing. Libor Žídek, Ph.D.

Abstract

V originále

This paper examines the relationship between trade and economic growth in the Czech and Slovak Republics. The situation after the Velvet revolution in 1989 is discussed at first. The change of the structure of the trade and the orientation of the trade in both republics are explained and illustrated on available data. The empirical part proved an analysis of the relationship between trade and GDP growth, using econometric analysis. Theory of cointegration, the vector error correction model and Granger causalities are employed. A long-term equilibrium among the investigated variables is identified in both countries. The empirical findings also indicate important role of exports in the economic growth in both republics. We conclude that economic growth in both of the countries can be identified as export-led.

Links

MUNI/A/1223/2014, interní kód MU
Name: Hospodářská politika v EU a ČR II
Investor: Masaryk University, Category A

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