Impact of trade on economic growth in the Czech and Slovak Republics
Bibliographic Data
| ID | 13022756 |
|---|---|
| Authors | Hana Fitzová (0000-0002-4189-9329, Masaryk University, corresponding author), Libor Žídek (0000-0002-9099-2095, Masaryk University) |
| Year | 2015 |
| Volume | 8 |
| Issue | 2 |
| Pages | 36-50 |
| Publication date | 2015-09-05 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economics & Sociology (JOURNAL) |
| Journal identifiers | ISSN: 2071-789X • E-ISSN: 2306-3459 |
| Publisher | Centre of Sociological Research, NGO (PUBLISHER) |
| DOI | 10.14254/2071-789x.2015/8-2/4 |
| OpenAlex | W2194071702 |
| Language | EN |
| Citations received | 3 |
| References cited | 3 |
This paper examines the relationship between trade and economic growth in the Czech and Slovak Republics. The situation after the Velvet revolution in 1989 is discussed at first. The change of the structure of the trade and the orientation of the trade in both republics are explained and illustrated on available data. The empirical part proved an analysis of the relationship between trade and GDP growth, using econometric analysis. Theory of cointegration, the vector error correction model and Granger causalities are employed. A long-term equilibrium among the investigated variables is identified in both countries. The empirical findings also indicate important role of exports in the economic growth in both republics. We conclude that economic growth in both of the countries can be identified as export-led
Cointegration · Czech · Econometrics · Economics · Empirical evidence · Error correction model · International economics · International trade · Slovak · Economic Growth and Productivity · Global Trade and Competitiveness · Global trade and economics
| Citations per year | 0.33 |
|---|---|
| Citation span | 2017 - 2020 (4) |
| Highly cited | No |