IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/54097.html
   My bibliography  Save this paper

Czech Export Credit Agencies and their Market Power

Author

Listed:
  • Janda, Karel

Abstract

We describe the export credit agencies in the Czech Republic and the export promotion strategy of the Czech government. The policy part of the paper is focused on the interac- tion of government owned and supported Czech Export Bank with the Czech commercial banks. We argue that the major market share of Czech Export Bank in export credit market may be explained by a number of factors in addition to the competitive advantage provided by lower pro�t margins of Czech Export Bank. These factors may be grouped into strategic factors related to competition among commercial banks and into factors based on Czech Export Bank being state owned specialized export bank as opposed to private general banks.

Suggested Citation

  • Janda, Karel, 2014. "Czech Export Credit Agencies and their Market Power," MPRA Paper 54097, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:54097
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/54097/1/MPRA_paper_54097.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Karel Janda & Eva Michalíková & Jiøí Skuhrovec, 2012. "Credit Support for Export: Econometric Evidence from the Czech Republic," Working Papers IES 2012/12, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised May 2012.
    2. Gabriel J. Felbermayr & Erdal Yalcin, 2013. "Export Credit Guarantees and Export Performance: An Empirical Analysis for Germany," The World Economy, Wiley Blackwell, vol. 36(8), pages 967-999, August.
    3. Karel Janda & Eva Michalikova & Jiri Skuhrovec, 2013. "Credit Support for Export: Robust Evidence from the Czech Republic," The World Economy, Wiley Blackwell, vol. 36(12), pages 1588-1610, December.
    4. Karel Janda & Eva Michalikova & Jiri Skuhrovec, 2012. "Credit Support for Export: Evidence from the Czech Republic," CERGE-EI Working Papers wp461, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    5. Karel Janda & Eva Michalikova & Lucia Psenakova, 2013. "The Performance of Export Credit Agencies in Post-Communist Central European Countries," Working Papers IES 2013/10, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Aug 2013.
    6. Marc Auboin & Martina Engemann, 2014. "Testing the trade credit and trade link: evidence from data on export credit insurance," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 150(4), pages 715-743, November.
    7. AfDB AfDB, . "Annual Report 2012," Annual Report, African Development Bank, number 461.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Andrea Elteto & Katalin Antaloczy, 2016. "Post-crisis foreign trade trends and policies on the periphery of the European Union - comparison of the Iberian, Baltic and Central European region," IWE Working Papers 224, Institute for World Economics - Centre for Economic and Regional Studies.
    2. Tinatin Akhvlediani & Katarzyna Śledziewska, . "The Impacts of Common Commercial Policy on Export Performances of Visegrad Countries," Prague Economic Papers, University of Economics, Prague, vol. 0, pages 1-16.
    3. Tinatin Akhvlediani & Katarzyna Śledziewska, 2017. "The Impacts of Common Commercial Policy on Export Performances of Visegrad Countries," Prague Economic Papers, Prague University of Economics and Business, vol. 2017(1), pages 3-18.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Karel Janda, 2014. "Export Credit Agencies in the Czech Republic and Their Market Power," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 15(03), pages 45-51, August.
    2. Agarwal, Natasha & Chan, Jackie M.L. & Lodefalk, Magnus & Tang, Aili & Tano, Sofia & Wang, Zheng, 2023. "Mitigating information frictions in trade: Evidence from export credit guarantees," Journal of International Economics, Elsevier, vol. 145(C).
    3. Inga Heiland & Erdal Yalcin, 2021. "Export market risk and the role of state credit guarantees," International Economics and Economic Policy, Springer, vol. 18(1), pages 25-72, February.
    4. Thomas Url, 2016. "Gesamtwirtschaftliche Auswirkungen der Exportgarantien in Österreich," WIFO Studies, WIFO, number 58839.
    5. Karel Janda, 2014. "Export Credit Agencies in the Czech Republic and Their Market Power," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 15(3), pages 45-51, August.
    6. Hea-Jung Hyun & Jung Hur, 2021. "Global Financial Crisis, Export Credit Insurance, and Scope Adjustment of Multiproduct Exporting Firms," Working Papers 2106, Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy).
    7. Ben Jelili Riadh, 2020. "Do Default Loss Risks Matter for Arab Exports? Evidence from a Gravity Modelling Approach," Review of Middle East Economics and Finance, De Gruyter, vol. 16(3), pages 1-22, December.
    8. Ali Polat & Mehmet Yesilyaprak, 2017. "Export Credit Insurance and Export Performance: An Empirical Gravity Analysis for Turkey," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 9(8), pages 12-24, August.
    9. Michal Paulus & Eva Michalikova & Vladimir Benacek, 2014. "German International Trade: Interpreting Export Flows According to the Gravity Model," Working Papers IES 2014/19, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised May 2014.
    10. Janda, Karel & Kravtsov, Oleg, 2016. "Interdependencies between Leverage and Capital Ratios in the Central and Eastern European Banks," MPRA Paper 74560, University Library of Munich, Germany.
    11. Ina C. Jäkel, 2021. "Export Credit Guarantees: Direct Effects on the Treated and Spillovers to their Suppliers," Economics Working Papers 2021-09, Department of Economics and Business Economics, Aarhus University.
    12. Borchert, Lea & de Haas, Ralph & Kirschenmann, Karolin & Schultz, Alison, 2023. "Broken relationships: De-risking by correspondent banks and international trade," ZEW Discussion Papers 23-064, ZEW - Leibniz Centre for European Economic Research.
    13. Auboin, Marc & Smythe, Harry & Teh, Robert, 2016. "Supply chain finance and SMEs: Evidence from international factoring data," WTO Staff Working Papers ERSD-2016-04, World Trade Organization (WTO), Economic Research and Statistics Division.
    14. Brandi, Clara & Schmitz, Birgit, 2015. "Trade flows in developing countries: what is the role of trade finance?," IDOS Discussion Papers 13/2015, German Institute of Development and Sustainability (IDOS).
    15. Duc Bao Nguyen & Anne‐Gaël Vaubourg, 2021. "Financial intermediation, trade agreements and international trade," The World Economy, Wiley Blackwell, vol. 44(3), pages 788-817, March.
    16. Jung Hur & Haeyeon Yoon, 2022. "The Effect of Public Export Credit Supports on Firm Performance," Bristol Economics Discussion Papers 22/760, School of Economics, University of Bristol, UK.
    17. Janda, Karel & Kravtsov, Oleg, 2016. "Interdependencies between Leverage and Capital Ratios in the Banking Sector of the Czech Republic," MPRA Paper 74457, University Library of Munich, Germany.
    18. repec:prg:jnlpep:v:2015:y:2015:i:5:id:527:p:1-23 is not listed on IDEAS
    19. Auboin, Marc & DiCaprio, Alisa, 2016. "Why do trade finance gaps persist: Does it matter for trade and development?," WTO Staff Working Papers ERSD-2017-01, World Trade Organization (WTO), Economic Research and Statistics Division.
    20. Petr Suler & Zuzana Rowland & Tomas Krulicky, 2021. "Evaluation of the Accuracy of Machine Learning Predictions of the Czech Republic’s Exports to the China," JRFM, MDPI, vol. 14(2), pages 1-30, February.
    21. Hyelin Choi & Kyunghun Kim, 2021. "Effect of Export Credit Insurance on Export Performance: An Empirical Analysis of Korea," Asian Economic Journal, East Asian Economic Association, vol. 35(4), pages 413-433, December.

    More about this item

    Keywords

    international trade; state promotion; export credit agencies; Czech Republic;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:54097. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.