Work detail

Influence of the single currency on the trading volumes of EMU members and the Czech Republic

Author: Bc. Daniel Šopov
Year: 2010 - summer
Leaders: prof. Ing. Oldřich Dědek CSc.
Consultants:
Work type: Bachelors
Language: English
Pages: 101
Awards and prizes:
Link:
Abstract: In this thesis, we focus on the impact of the single European currency on the trade volumes of EMU countries and the Czech Republic. We built on Rose’s gravity model, which explains to us, although not very accurately, possible impact of the single European currency on the trade volumes. We centre our research on trade among 25 countries, including EU countries, Switzerland, Russia, Ukraine, USA, Canada and Mexico.
We use gravity model and do regression, to compare and analyze data for 8 chosen EU countries, including those, that were in EMU and using Euro from the beginning, those that declined Euro and the Czech Republic, which has not adopted Euro yet. The main contribution of this thesis is a prediction of possible impact on trade in the Czech Republic, if we accepted Euro. This prediction will be based on analysis from other countries and its comparison.
Downloadable: Bachelor Thesis of Šopov

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