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Czech Export Credit Agencies and their Market Power

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  • 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
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    File URL: https://mpra.ub.uni-muenchen.de/54097/1/MPRA_paper_54097.pdf
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    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. 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.
    3. 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.
    4. 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.
    5. 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.
    6. AfDB AfDB, . "Annual Report 2012," Annual Report, African Development Bank, number 461.
    7. 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.
    Full references (including those not matched with items on IDEAS)

    Citations

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    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.

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    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

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