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The effect of european economic integration on international trade
Tománek, Ondřej ; Dlouhá, Zuzana (advisor) ; Čermáková, Klára (referee)
This bachelor thesis aims to economic integration of Europe. In the first part, it focuses on issues of stages of economic integration. The second part is dedicated to Europen Monetary union, its advantages and disadvantages. The next part is dealing with history and development of EU, CEFTA, EFTA, BAFTA. In final part, we use gravity model of international trade to analyze influence of each mentioned integrated group. Panel dataset consists of 27 776 observations of 23 years (1993-2015). Our results are consistent with other researchers, that are dealing with this issues. But some differences have been found. Preferential trading areas increases international trade, but the EMU coefficient is negative. Later on, we compare calculated potential exports of the czech republic to real exports to neighboring countries.
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