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Czech Republic produce goods for German consumers or is it an “outsourced” supplier to German export channels, instead? Co-integration … analysis and the analysis of the commodity structure of Czech exports to Germany are employed to address these questions. The …
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sensitive to foreign activity. Germany has benefited from growth dynamics of trading partners and high income elasticities of … predicted export growth. Moreover, taking into account quantity and price effects caused by changes in the real exchange rate … the real exchange rate is the indicator to focus on in explaining German export success. …
Persistent link: https://www.econbiz.de/10011781876
-ins for monetary union with respect to Germany. Using tests for cointegration and common features for monthly data during the …
Persistent link: https://www.econbiz.de/10011474986
of Brent crude oil have on inbound tourism demand (tourist arrivals) from Poland, Slovakia, Germany, and Austria in the … variable are considered. To achieve this aim, cointegration analysis under the VECM approach is applied. The results show that … negatively to changes in tourism prices in the Czech Republic. Tourists from Germany and Poland do not respond to changes in the …
Persistent link: https://www.econbiz.de/10012120242
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This paper focuses on import and export of goods of the Czech Republic. The Czech Republic is very open country in … European Union. Ratio of import and export of goods and services to GDP is above European Union average. The goal is to find … explanatory variables, which have an influence on import and export of goods and to build robust and economically interpretable …
Persistent link: https://www.econbiz.de/10011818167
For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently … included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both … allows us to analyze the short- and long-run impacts of internationalization activities. For the long-run cointegration …
Persistent link: https://www.econbiz.de/10011535894
This paper aims to quantify the impact of nominal exchange rate volatility on nominal trade flows with a particular focus on the Czech Republic. The paper shows that the magnitude of the impact differs when a dynamic model is used instead of static model.
Persistent link: https://www.econbiz.de/10010235255