Work detail

Analysis of factors influencing export of Czech republic and Germany

Author: Bc. Michal Urban
Year: 2014 - summer
Leaders: Mgr. Božena Bobková
Work type: Bachelors
Language: Czech
Pages: 44
Awards and prizes:
Abstract: In this thesis, we analyzed the determinants of export in the Czech Republic and Germany. For this
purpose, we used panel data from the years 1995-2013. To estimate our model we followed the literature
applying Poisson pseudo-maximum likelihood method and the traditional method of ordinary least
squares with logarithmic transformation. We have verified basic assumptions of the gravity model that
the most important determinants affecting foreign trade between countries are their GDPs and the
distance between them. Some institutional variables and membership of countries in the euro area were
found to have also the impact on export. We failed to confirm the influence of countries openness and
their trade barriers.




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