The New Estimation of the OCA Index Parameters in Europe

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F17%3A73761" target="_blank" >RIV/60460709:41110/17:73761 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.1007/s11294-016-9615-7" target="_blank" >http://dx.doi.org/10.1007/s11294-016-9615-7</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1007/s11294-016-9615-7" target="_blank" >10.1007/s11294-016-9615-7</a>

Jazyk výsledku

angličtina

Název v původním jazyce

The New Estimation of the OCA Index Parameters in Europe

Popis výsledku v původním jazyce

The aim of this paper is to define regressors, whose parameters allow us to identify OCA indexes for European non-member countries of the Eurozone. This paper is theoretically based mainly on the research of Bayoumi, Eichengreen (1997), in which OCA index was identified for the first time. In our research we focus on ten European economies for period 2001 - 2013. Significant added value of our research lies in the new estimation of indexes weight, which are calculated by using newer data. Endogenous variable in our model is explained by differentiation of position in business cycle, dissimilarity of the export structure, intensity of the mutual trade links, size of economy and openness of economies. Our model has very high adjusted coefficient of determination (0,89), and the parameters are significant at a significance level of less than 0,01. For the period 2001 - 2013 are indexes approximately at the same level, the only exceptions are Poland and Hungary, whose index reaches relatively higher valu

Název v anglickém jazyce

The New Estimation of the OCA Index Parameters in Europe

Popis výsledku anglicky

The aim of this paper is to define regressors, whose parameters allow us to identify OCA indexes for European non-member countries of the Eurozone. This paper is theoretically based mainly on the research of Bayoumi, Eichengreen (1997), in which OCA index was identified for the first time. In our research we focus on ten European economies for period 2001 - 2013. Significant added value of our research lies in the new estimation of indexes weight, which are calculated by using newer data. Endogenous variable in our model is explained by differentiation of position in business cycle, dissimilarity of the export structure, intensity of the mutual trade links, size of economy and openness of economies. Our model has very high adjusted coefficient of determination (0,89), and the parameters are significant at a significance level of less than 0,01. For the period 2001 - 2013 are indexes approximately at the same level, the only exceptions are Poland and Hungary, whose index reaches relatively higher valu

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50201 - Economic Theory

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2017

Kód důvěrnosti údajů

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

Název periodika

International Advances in Economic Research

ISSN

1083-0898

e-ISSN

1573-966X

Svazek periodika

23

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

NL - Nizozemsko

Počet stran výsledku

2

Strana od-do

123-124

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-84996528017