Comparative Analysis of Foreign Trade in Selected European Countries

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F18%3A50015844" target="_blank" >RIV/62690094:18450/18:50015844 - isvavai.cz</a>

Výsledek na webu

<a href="https://ems.uniza.sk/wp-content/uploads/2019/03/EMS_2_2018_10_Kovarnik_Hamplova.pdf" target="_blank" >https://ems.uniza.sk/wp-content/uploads/2019/03/EMS_2_2018_10_Kovarnik_Hamplova.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.26552/ems.2018.2.106-117" target="_blank" >10.26552/ems.2018.2.106-117</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Comparative Analysis of Foreign Trade in Selected European Countries

Popis výsledku v původním jazyce

Foreign trade plays important role in the economy of every country. It not only solves the proportionality problem and builds the demonstrative effect, but most of all, it supports economic development. This article deals with selected aspects of foreign trade in countries from central Europe, namely in the Czech Republic, Slovakia, Poland, Hungary, Germany, and Austria. The Czech Republic, Slovakia, Poland, and Hungary are members of so called Viszegrad Four, where Germany and Austria are neighbours of some of these countries, but also very important business partners for them. Methods of comparative analysis and of point rating have been used in this article, where special attention has been placed on three different topics. First one is about comparative analysis of economic development in mentioned countries, especially about the GDP development and foreign trade development. Second one is about the verification of hypothesis about openness of the economy, where theory claims that strong and large countries are usually less open, compared to weak and small countries. According to this proclamation should be Germany, Austria, and Poland less open than the other analysed countries. Two different calculations have been used for verification of this hypothesis. Third topic is about the development of foreign trade in the countries with and without Euro. Germany, Austria, and Slovakia have been using Euro as domestic currency, where other analysed countries have their own currencies. The article compares the development in these countries with the aim to find similarities and differences.

Název v anglickém jazyce

Comparative Analysis of Foreign Trade in Selected European Countries

Popis výsledku anglicky

Foreign trade plays important role in the economy of every country. It not only solves the proportionality problem and builds the demonstrative effect, but most of all, it supports economic development. This article deals with selected aspects of foreign trade in countries from central Europe, namely in the Czech Republic, Slovakia, Poland, Hungary, Germany, and Austria. The Czech Republic, Slovakia, Poland, and Hungary are members of so called Viszegrad Four, where Germany and Austria are neighbours of some of these countries, but also very important business partners for them. Methods of comparative analysis and of point rating have been used in this article, where special attention has been placed on three different topics. First one is about comparative analysis of economic development in mentioned countries, especially about the GDP development and foreign trade development. Second one is about the verification of hypothesis about openness of the economy, where theory claims that strong and large countries are usually less open, compared to weak and small countries. According to this proclamation should be Germany, Austria, and Poland less open than the other analysed countries. Two different calculations have been used for verification of this hypothesis. Third topic is about the development of foreign trade in the countries with and without Euro. Germany, Austria, and Slovakia have been using Euro as domestic currency, where other analysed countries have their own currencies. The article compares the development in these countries with the aim to find similarities and differences.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2018

Kód důvěrnosti údajů

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

Název periodika

Economic and Managerial Spectrum

ISSN

1337-0839

e-ISSN

—

Svazek periodika

12

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

SK - Slovenská republika

Počet stran výsledku

12

Strana od-do

106-117

Kód UT WoS článku

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EID výsledku v databázi Scopus

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