Export vulnerability of Central European countries

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F19%3A43916560" target="_blank" >RIV/62156489:43110/19:43916560 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Export vulnerability of Central European countries

Original language description

Rise in internationalization of economies is typically followed by rise in dependence on trade partners or on specific commodity markets. Substantial concentration of export to a few trade partners and/or commodity items increases vulnerability of national economy to negative extent shock. The Central Europe consists of several relatively small highly opened and mutually interconnected economies that can be easily exposed to such a risk. The paper aim to identify this possible risk induced by excessive concentration using the trade data 2000-2017. The territorial and territorial structure of export is evaluated to determine the level of concentration to subsequently discuss the possible impacts. The simple cumulative per cent shares are used to describe the concentration, in addition the more sophisticated Herfindahl-Hirschmann and Finger-Kreinin indexes are used for quantification of commodity concentration. There is no excessive concentration to specific territory, economically justifiable trade with neighboring economies prevails, the dominant role of German economy is also reasonable due to its importance in region. The commodity structure expressed in SITC, rev. 3 indicate strong level of export concentration with rising trends. The total level of commodity concentration can be interpreted as severe and connected with potential risk, because one fifth of commodity items is typically responsible for three quarters of export volume in each country. Focusing to top commodity item Czechia, Germany and Slovakia reach above 10 % of its exports in motor vehicles for the transport of persons, while Switzerland does the same in medicaments.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50201 - Economic Theory

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2019

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Proceedings of the 33rd International Business Information Management Association Conference: Education Excellence and Innovation Management through Vision 2020 (IBIMA 2019)

ISBN

978-0-9998551-2-6

ISSN

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e-ISSN

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Number of pages

7

Pages from-to

8367-8373

Publisher name

International Business Information Management Association (IBIMA)

Place of publication

Norristown

Event location

Granada

Event date

Apr 10, 2019

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

000510675604015