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Czech and Chinese Trade Relationships: Evaluation and Impact
Thesis title in Czech: České a čínské obchodní vztahy: analýza a dopady
Thesis title in English: Czech and Chinese Trade Relationships: Evaluation and Impact
Key words: input-output analýza, model obecné rovnováhy, mezinárodní obchod, re-exporty
English key words: input-output analysis, computable general equilibrium, international trade, re-exports
Academic year of topic announcement: 2014/2015
Thesis type: Bachelor's thesis
Thesis language: angličtina
Department: Institute of Economic Studies (23-IES)
Supervisor: Ing. Vilém Semerák, M.A., Ph.D.
Author: hidden - assigned by the advisor
Date of registration: 27.05.2015
Date of assignment: 28.05.2015
Date and time of defence: 25.01.2017 09:00
Venue of defence: IES, místnost 314
Date of electronic submission:04.01.2017
Date of proceeded defence: 25.01.2017
Opponents: Mgr. Alina Cazachevici
 
 
 
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References
LEONTIEF, Wassily. (1966). Input-Output Economics. New York: Oxford University Press.

LOSCHKY, Alexander – RITTER, Liane. (2006). Import Content of Exports. National Accounts and Economic Statistics - International Trade Statistics, Vol. 2006 of, [Paris]:
Organisation for Economic Co-operation and Development, August 2006.

GREGUŠOVÁ, Gabriela. (2005). Vztahy krajín Visegrádskej štvorky s Čínou. Mezinárodní Vztahy 1/2005. 7-21. ISSN 0323–1844.

OBSTFELD, Maurice, ROGOFF, Kenneth. (1996). Foundations of International Macroeconomics. London: The MIT Press.

HERRIGAN, Mark – KOCHEN, Andrew – WILLIAMS, Tricia. (2005). Analysis of Asymmetries in intra-community trade statistics with particular regard to the impact of the Rotterdam and Antwerp effects. EDICOM Report 200453202017. Statistics & Analysis of Trade Unit (SATU) HM Revenue & Customs. December 2005.

MORGENSTERN, O. (1974). On the accuracy of economic observations: foreign trade statistics. in: J. N. Bhagwati (ed.) Illegal Transactions in International Trade. ch. 7. 1974.
Amsterdam.

VAVRLA, Lukáš – ROJÍČEK, Marek. (2006). Sestavování symetrických input-output tabulek a jejich aplikace. Statistika, 2006, č. 1, s. 28-43. ISSN 0322-788x.

ROBINSON, Sherman. (1991). Macroeconomics, Financial Variables, and Computable General Equilibrium Models. World Development, Vol. 19, No. 11, pp. 1509-1525, 1991.

MELO, Jaime de - ROBINSON, Sherman. (1989). Product Differetiation and the Treatment of Foreign Trade in Computable General Equilibrium Models of Small Economies. Journal of International Economics 27 (1989) pp. 47-67. North-Holland.
Preliminary scope of work in English
As arguments about the importance of trade relations between the Czech Republic and a number of countries around the world have been and are used for encouraging and justifying various trade policies, it is essential to determine the extent in which they truly influence the economy of our country.

This work aims to evaluate the influence of trade relations (and possible occurrence of shocks) between the Czech Republic and China on the Czech GDP. As it has been already shown, this impact cannot be comprehensively evaluated merely by taking direct imports and exports in account. A substantial part of trade between the Czech Republic and China is realized through third countries.

The analysis in this work will be twofold, one will be the measurement of the direct and indirect trade flows between the Czech Republic and China and the other one will be the evaluation of their impact on the Czech GDP. The former part of the analysis will use import matrixes of relevant countries and Input-Output analysis in general to approximately estimate the amount of re-exports and indirect Czech exports to China. The latter part will presumably use the computable general equilibrium (CGE) model to estimate the impact of the discovered trade relations.

The work should be structurally divided into five parts. Part I. of the work will serve as an introduction to the topic. Part II. will essentially consist of two subchapters which will review the literature, describe the methods of measuring the magnitude of re-exports and indirect trade flows, while part III. will lay out the foundations the model describing the influence on the Czech GDP respectively. Part IV. will focus on the calculation of indirect trade flows between the Czech Republic and China while Part V. will sum up the findings of the evaluation of influence on the Czech economy. In Part VI. conclusions will be presented.
 
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