Testing Heckscher-Ohlin model on case of the CR
| Author: | Bc. Jakub Vondřička |
|---|---|
| Year: | 2012 - winter |
| Leaders: | Ing. Vilém Semerák M.A., Ph.D. |
| Consultants: | |
| Work type: | Bachelors |
| Language: | English |
| Pages: | 57 |
| Awards and prizes: | |
| Link: | |
| 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 |
