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Changing foreign trade patterns in post-reform czech industry (1989-1995) - empirical evidence

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  • Frank Stolze

Abstract

Summarizing our analysis we must acknowledge that it is still difficult to get a precise picture of the role which different factors play in determining international competitiveness of industrial branches. The most limits of the analysis are as follows: comprehensive data on input intensities of industrial branches were only available for West European countries; the assumptions necessary for a precise forecast of competitiveness positions through RCA-indicators are not been fulfilled; trade patterns are still distorted by production structures and capacities inherited from the planned economy. Although it may be premature to seriously address the question to what extent factor endowments determine trade flows between the Czech Republic and the EU, we have found a number of interesting tendencies. For the year 1989 correlation tests and an analysis of the most 10, 20 and 30 factor-intensive industries revealed a certain positive effect of capital, labour and energy inputs.

Suggested Citation

  • Frank Stolze, 1997. "Changing foreign trade patterns in post-reform czech industry (1989-1995) - empirical evidence," Prague Economic Papers, Prague University of Economics and Business, vol. 1997(4).
  • Handle: RePEc:prg:jnlpep:v:1997:y:1997:i:4:id:139
    DOI: 10.18267/j.pep.139
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    Cited by:

    1. Vladimír Benáček & Jiří Podpiera & Ladislav Prokop, 2006. "Command Economy after the Shocks of Opening up: The Factors of Adjustment and Specialisation in the Czech Trade," Working Papers IES 2006/20, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Apr 2006.

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