Is Czech Export still Biased towards the Eastern Markets?

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Authors	COUFALOVÁ Lucie ŽÍDEK Libor
Year of publication	2017
Type	Article in Periodical
Magazine / Source	Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
MU Faculty or unit	Faculty of Economics and Administration
Citation
Web	https://acta.mendelu.cz/media/pdf/actaun_2017065041339.pdf
Doi	http://dx.doi.org/10.11118/actaun201765041339
Field	Economy
Keywords	Czech exports; COMECON; Russia; gravity model
Description	There were special relationships among the COMECON members during the period of the centrally planning system. Czechoslovak trade 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 exCOMECON markets. In our research approach we use gravity models. We revealed that taking into consideration GDP, geographical distance and institutions there is no bias towards the Russian or the CIS markets. But we discovered a bias towards the exCOMECON contemporary members of the EU.
Related projects:	Rusko v kategoriích přítel vs. nepřítel: česká reflexe