IMPACT OF TRADE ON ECONOMIC GROWTH IN THE CZECH AND SLOVAK REPUBLICS
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F15%3A00084092" target="_blank" >RIV/00216224:14560/15:00084092 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.14254/2071-789X.2015/8-2/4" target="_blank" >http://dx.doi.org/10.14254/2071-789X.2015/8-2/4</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.14254/2071-789X.2015/8-2/4" target="_blank" >10.14254/2071-789X.2015/8-2/4</a>
Alternative languages
Result language
angličtina
Original language name
IMPACT OF TRADE ON ECONOMIC GROWTH IN THE CZECH AND SLOVAK REPUBLICS
Original language description
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.
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Economics and Sociology
ISSN
2071-789X
e-ISSN
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Volume of the periodical
8
Issue of the periodical within the volume
2
Country of publishing house
UA - UKRAINE
Number of pages
15
Pages from-to
36-50
UT code for WoS article
000365684200004
EID of the result in the Scopus database
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