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Meta-Analysis in International Economics
Havránek, Tomáš ; Horváth, Roman (advisor) ; Stanley, Tom (referee) ; Wörz, Julia (referee) ; Vacek, Pavel (referee)
The dissertation consists of three papers presenting applications of meta-analysis in international economics. The first paper examines the effect of common currency on international trade, while the remaining two papers address the relationship between foreign investment and the productivity of domestic firms. An introductory chapter puts these applications into perspective. In the first application I present a meta-analysis of the effect of currency unions on trade, focusing on the euro area. I find strong publication bias in the literature. The estimated trade- promoting effect of currency unions other than the euro reaches more than 60%. In contrast, the euro's trade-promoting effect is insignificant when I correct for publication bias. The empirical literature on this topic shows signs of the so-called economics research cycle: the relation between the reported t-statistics and publication years has an inverse U-shaped form. During the last decade more than 100 researchers have examined productivity spillovers from foreign affiliates to local firms in upstream or downstream sectors. Yet results vary broadly across methods and countries. To examine these vertical spillovers in a systematic way, in the second application I collect 3,626 estimates of spillovers and review the literature quantitatively....
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International economical relations of European Union
Pikešová, Ludmila ; Urbánková, Erika (advisor) ; Jitka, Jitka (referee)
The aim of this thesis is to create scenarios of a possible development of future economic relations between the European Union and Russia. These scenarios of a possible development will be based on a description of those relations beginning with those that began to build up between these two subjects after a break-up of the USSR till the contemporary status when the situation between Europe (or more precisely the European Union) and Russia became considerably tense. There will be two suggested scenarios of a possible development and the first is possible to be marked as a pessimistic one and the second an optimistic one. The pessimistic scenario will continue to develop the status quo that is heading for a further limitation of economic cooperation. The optimistic one will take into account a gradual releasing from the sanctions and a cooperation improvement and it will discuss a possible progress of mutual economic relations.
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Economical competitiveness of Germany
Veselý, Tomáš ; Toth, Daniel (advisor) ; Helena, Helena (referee)
The Diploma thesis is focused on the economical competitiveness of Germany in international comparison. The purpose of the thesis is to suggest adopting measures that could improve that existent competitiveness of the Czech Republic recommended on the basis of the ascertained data obtained by the applied analysis on Germany. The theoretical part of the thesis is elaborated by using literature and online sources. The key terms are defined such as competitiveness, competitive advantage and foreign trade following by the methods of competitive rating. In the practical part of the thesis the variables are established on the basis of the competitive rating published by the World Economic Forum. The econometric model of the German competitiveness is created from the ascertained variables. The statistic important variables obtained through the model output are described in detail and compared with the values of the same variables of the Czech Republic. Measures that could lead to improving the current competitiveness of the Czech Republic are recommended on the basis of the ascertained data. The output of this thesis is a recommendation to focused on an export of hi-tech technology and innovations which both can generate high added value. This finding can be applied especially in industry and agriculture.
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