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dc.contributor.authorPietrzak, Michał Bernard
dc.contributor.authorŁapińska, Justyna
dc.date.accessioned2016-01-22T09:55:26Z
dc.date.available2016-01-22T09:55:26Z
dc.date.issued2015
dc.identifier.citationE+M. Ekonomie a Management = Economics and Management. 2015, č. 1, s. 18-27.cs
dc.identifier.issn2336-5604 (Online)
dc.identifier.issn1212-3609 (Print)
dc.identifier.urihttp://www.ekonomie-management.cz/download/1426013185_c6d5/02_DETERMINANTS+OF+THE+EUROPEAN.pdf
dc.identifier.urihttp://hdl.handle.net/11025/17604
dc.format10 s.cs
dc.format.mimetypeapplication/pdf
dc.language.isoenen
dc.publisherTechnická univerzita v Libercics
dc.relation.ispartofseriesE+M. Ekonomie a Management = Economics and Managementcs
dc.rights© Technická univerzita v Libercics
dc.rightsCC BY-NC 4.0cs
dc.subjectobchodcs
dc.subjectgravitační modelcs
dc.subjectpanelový odhadcs
dc.subjectEvropská uniecs
dc.titleDeterminants of the european union´s trade: evidence from a panel estimation of the gravity modelen
dc.typečlánekcs
dc.typearticleen
dc.rights.accessopenAccessen
dc.type.versionpublishedVersionen
dc.description.abstract-translatedThe article is focused on the issue of trade exchange between European Union member states. The trade exchange volume noted an increase after the new members had joined the European Union. That may be observed while analysing statistical data on the trade exchange volume in speci fi c states as well as in the whole of the European Union. A simple index analysis of the trade volume enables researchers to observe changes over time; however, it neglects the causes of these changes. With a view to identifying theses causes, an econometric tool – the panel gravity model – was used for the purposes of the present paper. The research objective of the paper is to evaluate the impact of selected factors on the development of bilateral trade in the European Union in the years 1999–2010. The group of potential factors describing the size of trade exchange includes the following: the Gross Domestic Product per capita, foreign direct investment per capita and the geographical distance between trading partners. The research outcome enabled us to draw a conclusion on a positive dependence between a member state’s GDP and its export and import volume. In the case of foreign direct investments, their positive impact on the improvement of member states’ exporting potential was identi fi ed. Moreover, a negative dependence between the geographical distance and the size of their trade exchange was proved. Also, the paper discussed the impact of EU membership on increasing trade exchange volume. The research found an essential increase in exports from the new EU-12 countries to the EU-15 countries and inversely.en
dc.subject.translatedtradeen
dc.subject.translatedgravity modelen
dc.subject.translatedpanel estimationen
dc.subject.translatedEuropean unionen
dc.identifier.doidx.doi.org/10.15240/tul/001/2015-1-002
dc.type.statusPeer-revieweden
Vyskytuje se v kolekcích:Číslo 1 (2015)
Číslo 1 (2015)

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  1. DSpace at University of West Bohemia
  2. Publikace ZČU / UWB Publications
  3. Časopisy ZČU / UWB Journals
  4. Ekonomie a management
  5. 2015
  6. Číslo 1 (2015)