Key Factors of Foreign Trade Competitiveness: Comparison of the EU and BRICS.
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86094419" target="_blank" >RIV/61989100:27510/15:86094419 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Key Factors of Foreign Trade Competitiveness: Comparison of the EU and BRICS.
Original language description
International competitiveness is influenced by globalization processes in the world economy in recent decades. This process changes the comparative advantages of each country and the share of individual countries in world trade is transformed. BRICS countries strength quickly its influence in international trade, and thus the European Union must face new pressure in competitiveness from their side. The aim of this paper is to define key factors of foreign trade competitiveness of evaluated economies by an application of factor analysis. Factor analysis contains indicators of foreign trade which describe driving forces of competitiveness, also in terms of long-term potentiality, and those which are direct or indirect outcomes of a competitive society and economy. Based on factor analysis results, it is possible to classify evaluated territories through according to level of foreign trade advancement.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
<a href="/en/project/EE2.3.20.0296" target="_blank" >EE2.3.20.0296: Research team for modelling of economic and financial processes at VSB-TU Ostrava</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>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
Article name in the collection
18 Annual International Conference Enterprise and Competitive Environment Conference Proceedings
ISBN
978-80-7509-342-4
ISSN
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e-ISSN
neuvedeno
Number of pages
10
Pages from-to
948-957
Publisher name
Mendelova univerzita v Brně
Place of publication
Brno
Event location
Brno
Event date
Mar 5, 2015
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000380464000103