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Analysis of CEE countries' Trade Potential based on Trade between CEE 16 countries and China.
Li, Lei ; Svoboda, Karel (advisor) ; Figueira, Filipa (referee) ; Semerák, Vilém (referee)
The main purpose of this dissertation is to explore the trade potentials between Central and Eastern Europe countries and China. According to the collected information and data, this dissertation believes that although there are some shortcomings in the trade between CEE countries and China, CEE countries' trade potentials with China are relatively high. This is because, on the one hand, by observing the trend of the trade development in the past ten years, it could be found that the trade scale between CEE countries and China has been continuously increasing. Combined with the trade competitiveness and trade complementarity between CEE countries and China, this dissertation believes that the practical basis for trade cooperation between CEE countries and China is relatively strong. For example, Latvia has an obvious competitive advantage and trade complementarity in crude materials, inedible, except fuels (SITC 2). On the other hand, according to the trade potential ratios calculated by the trade gravity model, the overall trade potential ratios between CEE countries and China are not significantly high, which suggests that CEE countries and China still have strong trade potentials in export and import trade. Keywords: Central and Eastern Europe countries, China, trade potential, trade gravity...
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Potential for Agricultural Trade between China and Central and Eastern Europe within the 16+1 Framework
Rasenko, Elena ; Semerák, Vilém (advisor) ; Benáček, Vladimír (referee)
The goal of the following paper is to analyse the trade potential for Central and Eastern Europe (CEE) and China in the trade of food products. Even though the trade in food products is comparably low, there are several reasons why it is worth a deeper analysis. Food security is having an important role in the Chinese domestic politics. Due to environmental, socio- economic and demographic changes, China cannot be self-sufficient and is therefore dependent on food imports. Since the introduction of the One Belt One Road Initiative and the 16+1 framework, China aims to improve the cooperation and trade in food commodities with participating countries. CEE can be a reliable partner because it produces high quality products with comparative advantages. With the help of the Gravity Model, the effects of the 16+1 framework was estimated, as well as the trade potential. Following the results, the introduction of the 16+1 framework has a positive and significant effect on agricultural trade between CEE and China. However, only five countries have potential to increase their food exports to China, while the remaining eleven already exceed their food exports. China on the other hand, is exporting below its potential in most of the cases.
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