Work detail

Testing Heckscher-Ohlin model on case of the CR

Author: Bc. Jakub Vondřička
Year: 2012 - winter
Leaders: Ing. Vilém Semerák M.A., Ph.D.
Work type: Bachelors
Language: English
Pages: 57
Awards and prizes:
Abstract: The thesis tests the Heckscher-Ohlin model on the Czech Republic data. First, it presents
theoretical background of the factor abundance theory and describes the development of the
Czech economy. Based on these, it builds a hypothesis about the factor intensity of Czech
exports and imports. The hypothesis is then tested using the input-output analysis on the data
from the year 2005. The thesis also explains the assumptions of the Heckscher-Ohlin model
and the input-output analysis and their impacts on the results of empirical test. Results of the
thesis show that the relations predicted by the Heckscher-Ohlin model are in line with the
economic reality of the Czech Republic.
Downloadable: Bachelor Thesis of Vondřička




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