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Ceny v obchodě České republiky se zeměmi Evropské unie
[Prices in trade of the Czech republic with member countries of the European union]

Author

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  • Václav Nešvera

Abstract

Empirical research on the differences between unit values in the EU's trade with the Czech Republic and the intra-EU average has shown a significant changes. The comparative level of manufacturing products imported from the Czech republic has increased, the comparative level of products exported to the Czech republic has decreased. The price-gaps, inherited from the communist regime have been substantially reduced. Most remarkable changes of the comparative prices took place in trade with products of metalworking industries. The favourable development of price relations in the Czech foreign trade has been an important element underlying balance of payments performance, it has contributed to the nominal and real improvements of Czech krown and shoud play an importent role in the process of convergence. The analysis is based on Eurostat Comext Database.

Suggested Citation

  • Václav Nešvera, 2006. "Ceny v obchodě České republiky se zeměmi Evropské unie [Prices in trade of the Czech republic with member countries of the European union]," Politická ekonomie, Prague University of Economics and Business, vol. 2006(2), pages 214-226.
    • Handle: RePEc:prg:jnlpol:v:2006:y:2006:i:2:id:554:p:214-226
    DOI: 10.18267/j.polek.554
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    More about this item

    Keywords

    convergence; competitiveness; integration; terms of trade; prices in international trade; unit values; international trade; comparative price level;
    All these keywords.

    JEL classification:

    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F19 - International Economics - - Trade - - - Other
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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