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Export and Import functions (Empirical analysis on the example of the Czech Republic)
Obešlo, František ; Mandel, Martin (advisor) ; Tran, Van Quang (referee)
This work focuses on import and export of goods of the Czech Republic. The Czech Republic is very open country in European Union. Ratio of import and export of goods and services to GDP is above European Union average. The goal is to find explaining variables, which has an influence on import and export of goods and to create robust and economically interpretable models. Models are created by cointegration analysis. The advantage of cointegration analysis and error correction models is avoiding spurious regression and differentiation of short-term and long-term relations. There will be used two attitudes for creation of models: with help of ADL models and Johansen method, which serve to comparison of results. There is a space for test of influence of exchange rate shocks on import and export of goods in the end.
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Export of Goods in EU Countries from 2004 to 2009
Kollárová, Katarína ; Karpová, Eva (advisor) ; Abrhám, Josef (referee)
European union is an important subject of the international trade in goods. Currently EU is the world biggest exporter and importer of goods in the world. Export of goods is a significant factor of economic growth in EU. From 2004 to 2007 there was a period of boom in economy of EU15 countries. At this time intra-export and extra-export growth was recorded. In 2008 and 2009 EU15 countries were affected by economic crisis, which had impact on main macroeconomic indicators and on export of goods as well. From 2004 to 2008 there was a period of boom in economy of EU12 countries. The major export partners of EU12 countries were EU15 countries, which accounted for 60% of exports of goods EU12 countries. In 2009 EU12 countries were affected by economic crisis, which had impact on main macroeconomic indicators and also on export. In time of recession the problems of the export of goods in EU countries have been fully reflected. The main problems are shrinking production capacity, unsufficient innovation and the loss of competetiveness, territorial and commodity structure of export of goods EU countries.
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