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Review of Economic Perspectives

Národohospodárský obzor; The Journal of Masaryk University

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1804-1663
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Volume 13, Issue 3

Issues

Trade Flows between Czech Republic and East Asia

Shoiw-Mei Tseng
  • Department of International Business, I-Shou University. Add: No.1, Sec. 1, Syuecheng Rd., Dashu District, Kaohsiung City 84001,Taiwan
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Published Online: 2013-10-08 | DOI: https://doi.org/10.2478/revecp-2013-0006

Abstract

Since 2005, Czech Republic has succeeded in transforming its economy through international trade surplus. However, Czech Republic’s trade deficits with East Asia are burgeoning, not only in China but also in other East Asian countries. This study provides an insight into Czech Republic’s import/export performance in East Asia during 1999-2011. In this study, the geographic concentration of trade, on a macro view, is adapted to highlight Czech Republic’s new regional market of East Asia in contrast with its trade expansion in the world. In consideration of the general development of world trade, the probability model of trade flows, on a micro view, is employed to investigate Czech Republic’s trade flows of East Asian countries. The result suggests that Czech Republic is bound to encounter continuing trade imbalance with East Asia. Nevertheless, Czech Republic’s trade geographic concentration in East Asia has the potential to relax.

Keywords : geographic concentration; Gini-Hirschman coefficient; probability model; trade flows

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About the article

Published Online: 2013-10-08

Published in Print: 2013-09-01


Citation Information: Review of Economic Perspectives, ISSN (Online) 1804-1663, ISSN (Print) 1213-2446, DOI: https://doi.org/10.2478/revecp-2013-0006.

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