Acta Univ. Agric. Silvic. Mendelianae Brun. 2017, 65, 1339-1347

https://doi.org/10.11118/actaun201765041339
Published online 2017-09-01

Is Czech Export still Biased towards the Eastern Markets?

Lucie Coufalová, Libor Žídek

Faculty of Economics and Administration, Masaryk University, Lipová 41a, 602 00 Brno, Czech Republic

There were special relationships among the COMECON members during the period of the centrally planning system. Czechoslovak trade/export was naturally biased towards these countries. The goal of this paper is to find out if there still exists any export bias towards the Russian or the ex‑COMECON markets. In our research approach we use gravity models. We revealed that taking into consideration growth in GDP, geographical distance and institutions there is no bias towards the Russian or the CIS markets. But we discovered a bias towards the ex‑COMECON contemporary members of the EU.

Funding

This text is an output of the grant project GA MU „Russia in the categories friend – enemy. Czech reflection“ (code MUNI/M/0921/2015).

References

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