Export Dependency of Slovakia on German ́s Economy

Bibliographic Data

ID6108949
AuthorsPeter Baläzs (0000-0001-8251-5718), Peter Baláž (0000-0002-7089-7437, Bratislava University of Economics and Business), Andrej Hamara (Bratislava University of Economics and Business)
Year2016
Volume64
Issue5
Pages573-590
Publication date2016-09-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenuePolitická ekonomie (JOURNAL)
Journal identifiersISSN: 0032-3233 • E-ISSN: 2336-8225
PublisherPrague University of Economics and Business (PUBLISHER • CZ)
DOI10.18267/j.polek.1088
OpenAlexW2517985436
LanguageEN
Citations received2
References cited13

The article analyses relationship between exports of goods and services of Slovakia and the development of economy of Germany as its major trading partner. On the basis of available data, it identifies the extent to which the export of SR depends on development of GDP in Germany, changes of its internal demand and also the extent to which there is a correlation between Slovak and German exports. Cointegration analysis, used to obtain relevant information about these links, verified on real data if there is a long-term equilibrium relationship between these variables and whether the intensity of dependence is really so high. Achieved results suggest that the Slovak exports and imports of goods to Germany, as well as the export of goods from Germany abroad, shows an intensive, long-term equilibrium relationship which largely determines the performance of Slovak economy and its competitiveness on international markets

Cointegration · Czech · Econometrics · Economics · Economy · German · Goods and services · International economics · International trade · Slovak · Economic Growth and Productivity · Global Trade and Competitiveness · Global trade and economics

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Open DOIOpen Access