Work detail

Local Development and Policies of Protectionism

Author: Mgr. Aleš Bělohradský
Year: 2015 - summer
Leaders: doc. Ing. Vladimír Benáček CSc.
Work type: Economic Theory
Language: English
Pages: 75
Awards and prizes:
Abstract: Economic situation in the Central Europe is to a big extent influenced by the disparities between core
regions (mostly the capitals) and the rest. If the gap between cores and peripheries is still widening, local
governments of peripheral regions must come up with policies to protect their economies from the
globalised world. This basic statement is examined in this work using two different methods:
regionalised input-output analysis (for Czech regions) trying to discover structural differences between
regions and its implications, and NEG equilibrium simulation method examining agglomeration forces
in the Central Europe and evaluating possible outcomes of protective policies in terms of NTBs (limiting
the openness). The results confirm the agglomeration tendencies and suggest mainly two ways of
effective policies: regional specialisation and investments into infrastructure, which would lower the
transaction costs within the peripheral regions. NEG simulation method has serious limits due to the
problematic calibration.




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