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