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Impact of International Trade upon Economic Performance in Europe
Jaroš, Radim
This study investigates the impact of international trade and its composition up-on economic performance in Europe. The study examines the links between trade intensity, intra-industry trade, and the cross-country correlation of business cy-cles. All the data used in the thesis were obtained from the Eurostat database. Quarterly data between the years 1996 and 2012 are used for the calculation of the rolling cross-country correlation of business cycles. Annual data for the peri-od 2000 - 2012 are used to study the relationships between trade and its compo-sition and the economic cycles. The studies findings are of use in the evaluation of the endogeneity of Optimum Currency Aareas criteria.
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Obchod s pivem mezi zeměmi Evropské unie
Vaněk, Tomáš
Thesis is dedicated to quantifying and evaluating the intensity of international beer trade among member states of the European Union. Some international trade intensity indices were selected in order to meet this purpose. First of them being the RCA index, which serves as a tool for revealing and assessing the level of comparative advantages in member states of the EU. The subsequent procedure was aimed to express in numbers and words with help of G-L index the degree of intra-industry trade, which European beer industry reaches. Obtained results suggest notable differences in the levels of countries comparative advantages and also the existence of relatively high degree of intra-industry beer trade. Such outcome results in identification and evaluation of certain business opportunities in the area of intra-EU beer trade.
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Vyhodnocení reálné a nominální konvergence ČR a vybraných států k eurozóně
Dufek, Josef
The main objective is to assess the current situation of real and nominal conver-gence Czech Republic and selected countries of the euro area average. In assessing the real convergence of the work focuses on measuring the synchronization of business cycles and structural convergence. Measuring the synchronization of bussines cycles is done in the spirit of the modern concept of OCA theory. When assessing structural convergence is assessed similarities development of sectoral structures and the intensity of intra-industry trade. In nominal convergence are critical Maastricht convergence criteria and the development of the index CPL. While the analysis of convergence shows a high business cycle synchronization and the convergence trend in most countries and developments in the field of structural convergence points to ongoing differences in industrial specialization among the surveyed countries, which could lead to an increased risk of asymmetric shock in case membership in a monetary union.
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Economic and Geopolitical Implications of TPP and TTIP for the United States
Šálený, Václav ; Kozák, Kryštof (advisor) ; Fiřtová, Magdalena (referee)
Multilateral trade negotiations within the World Trade Organization have reached a stalemate but there are new trade agreements being currently negotiated, either on bilateral or multinational basis. This thesis deals with two current major trade initiatives, the Trans-Pacific Partnership between the United States and eleven Pacific countries and the Transatlantic Trade and Investment Partnership which includes the United States and the European Union. The thesis uses a comparative analysis to assess economic as well as geopolitical implications of the two trade agreements for the United States. The most apparent geopolitical aspect is the effort of the United States to write the rules of trade for the 21st century before China does so. In regards to economic implications, the thesis works with a concept of intra-industry trade and based on it assesses the possible economic effects on the United States economy, especially in regards to productivity and transactional costs on labor market. Both of the agreements have many critics and their future is not clear. This thesis argues that in certain economic and geopolitical aspects, the Transatlantic Trade and Investment Partnership is more beneficial and strategic for the United States.
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Česká republika: Evropská integrace a rozvoj ve struktuře obchodu
Christensen, Tobias Ibsen ; Žamberský, Pavel (advisor) ; Taušer, Josef (referee)
Trade structure changes over time as a result of fundamental changes within the country or the world around it. This thesis will investigate the case of Czech Republic in the period from the transition period till today with the foundation in classical and neoclassical trade theory. The trade structure will be analyzed in regard to trade partners, commodity structure, relative comparative advantages and degree of intra-industry trade within an industry or sector. It will provide basis for assessing the effects of increased European integration which the Czech Republic increasingly engaged itself in with the accession to the EU in 2004.
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Impact of International Trade upon Economic Performance in Europe
Jaroš, Radim
This study investigates the impact of international trade and its composition up-on economic performance in Europe. The study examines the links between trade intensity, intra-industry trade, and the cross-country correlation of business cy-cles. All the data used in the thesis were obtained from the Eurostat database. Quarterly data between the years 1996 and 2012 are used for the calculation of the rolling cross-country correlation of business cycles. Annual data for the peri-od 2000 - 2012 are used to study the relationships between trade and its compo-sition and the economic cycles. The studies findings are of use in the evaluation of the endogeneity of Optimum Currency Aareas criteria.
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