Work detail

Economic Relations between the Czech Republic and China

Author: Bc. Tomáš Vakrman
Year: 2011 - summer
Leaders: Ing. Vilém Semerák M.A., Ph.D.
Work type: Bachelors
Language: English
Pages: 94
Awards and prizes: B.A. with distinction from the Dean of the Faculty of Social Sciences for an excellent state-final examination performance
Abstract: This paper examines the Czech-Chinese trade relationship, including both
bilateral trade and competition on third markets, between years 1999 and 2009. The
bilateral trade examined with an emphasis on intra-industry trade, which is measured by
two different methods and is found to be rising throughout time by both measures. The
intra-industry trade is disentangled into its vertical and horizontal part, where the former
one has proved to have larger share in Czech-Chinese trade. It is observed that, the
Czech Republic generally exports higher quality goods than it imports, to and from
China. In this case, four methods of disentangling of intra-industry trade are used and
the most suitable one for Czech-Chinese trade is identified. Moreover, the competition
between Czech and Chinese exports on the EU-15 market is examined. One new
method, based on a simple modification of Grubel-Lloyd index, measuring the overlap
between the two export flows, is employed. The overlap between Czech and Chinese
exports seems to be rising and the structure of their exports has been converging
throughout the time observed.
Downloadable: Bachelor Thesis of Vakrman


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