Comparison of Market Openness of Brazil, Russia, India and China and of the Central and Eastern European Countries

Srovnání otevřenosti trhů Brazílie, Ruska, Indie a Číny a zemí střední a východní Evropy

Ilya Bolotov and Kateřina Gajdušková

Současná Evropa, 2013, vol. 2013, issue 3, 9-34

Abstract: The article compares the market openness of Brazil, Russia, India and China with the one of the Central and Eastern European countries. The comparison is performed in relative terms in the form of a basic/visual examination of openness to foreign trade and investment and as an identification of openness determinants with the help of a fixed effects panel cointegration regression model. The article shows that Brazil, Russia, India and China are less open economies with different factors influencing their openness indicators, but a more homogeneous group than the countries of the Central and Eastern Europe. The article adds to the Europe-Asia comparisons and most likely constitutes the first study on the examined topic.

Keywords: BRIC; CEEC; Market Openness; Foreign Trade; Foreign Direct Investment; Panel Regression; Cointegration; SVE; otevřenost trhu; zahraniční obchod; přímé zahraniční investice; panelová regrese; kointegrace (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://wep.vse.cz/artkey/sev-201303-0002_Srovnani- ... -vychodni-Evropy.php (text/html)
http://wep.vse.cz/pdfs/sev/2013/03/02.pdf (application/pdf)
free of charge

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prg:jnlsev:v:2013:y:2013:i:3:id:86:p:9-34

Ordering information: This journal article can be ordered from
Centrum evropských studií VŠE Praha
http://wep.vse.cz

Access Statistics for this article

Současná Evropa is currently edited by Josef Bič

More articles in Současná Evropa from Prague University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Stanislav Vojir ().