Changing foreign trade patterns in post-reform czech industry (1989-1995) - empirical evidence

Frank Stolze

Prague Economic Papers, 1997, vol. 1997, issue 4

Abstract: Summarizing our analysis we must acknowledge that it is still difficult to get a precise picture of the role which different factors play in determining international competitiveness of industrial branches. The most limits of the analysis are as follows: comprehensive data on input intensities of industrial branches were only available for West European countries; the assumptions necessary for a precise forecast of competitiveness positions through RCA-indicators are not been fulfilled; trade patterns are still distorted by production structures and capacities inherited from the planned economy. Although it may be premature to seriously address the question to what extent factor endowments determine trade flows between the Czech Republic and the EU, we have found a number of interesting tendencies. For the year 1989 correlation tests and an analysis of the most 10, 20 and 30 factor-intensive industries revealed a certain positive effect of capital, labour and energy inputs.

Date: 1997
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DOI: 10.18267/j.pep.139

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