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Gravitační a fiskální modely státní podpory exportních úvěrů v České republice
[Gravity and Fiscal Models of Government Support of Export Credit in the Czech Republic]

Author

Listed:
  • Karel Janda
  • Eva Michalíková
  • Věra Potácelová

Abstract

The article deals with the export credit promotion in the Czech Republic. The econometric analysis of the gravity model of Czech trade shows that the credit support provided by specialized government agency, Czech Export Bank, has a positive but statistically weak influence on export. The other determinants of the Czech export in our model are GDP, distance, gross fixed capital formation, and policy risk. The comparison of estimated tax revenues from the supported projects with government subsidies provided to the Czech Export Bank shows that export promotion does not create a financial burden for the government budget. The budgetary costs of export credit support are offset by the tax revenues generated by supported export.

Suggested Citation

  • Karel Janda & Eva Michalíková & Věra Potácelová, 2010. "Gravitační a fiskální modely státní podpory exportních úvěrů v České republice [Gravity and Fiscal Models of Government Support of Export Credit in the Czech Republic]," Politická ekonomie, Prague University of Economics and Business, vol. 2010(3), pages 305-325.
    • Handle: RePEc:prg:jnlpol:v:2010:y:2010:i:3:id:732:p:305-325
    DOI: 10.18267/j.polek.732
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    Cited by:

    1. Martin Grančay & Nóra Grančay & Jana Drutarovská & Ladislav Mura, 2015. "Gravitačný model zahraničného obchodu českej a slovenskej republiky 1995-2012: ako sa zmenili determinanty obchodu? [Gravity Model of Trade of the Czech and Slovak Republics 1995-2012: How Have Det," Politická ekonomie, Prague University of Economics and Business, vol. 2015(6), pages 759-777.
    2. Stanislav Richter, . "Export Promotion Framework of the Czech Republic," Central European Business Review, University of Economics, Prague, vol. 0, pages 37-49.
    3. Igor Kotlán & Zuzana Machová, 2012. "Vliv zdanění korporací na ekonomický růst: selhání daňové kvóty? [The Influence of Corporate Taxation on Economic Growth: The Failure of Tax Quota?]," Politická ekonomie, Prague University of Economics and Business, vol. 2012(6), pages 743-763.
    4. repec:prg:jnlpep:v:preprint:id:527:p:1-23 is not listed on IDEAS
    5. Stanislav Richter, 2015. "Export Promotion Framework of the Czech Republic," Central European Business Review, Prague University of Economics and Business, vol. 2015(1), pages 37-49.
    6. Jana Tepperová & Stanislav Klazar, 2012. "Vliv sociálních systémů a jejich koordinace na ekonomickou migraci [The Impact of Social Systems and their Coordination on Economic Migration]," Politická ekonomie, Prague University of Economics and Business, vol. 2012(4), pages 505-522.
    7. Eva Kotlánová & Igor Kotlán, 2012. "Vliv institucionálního prostředí na velikost korupce: empirická analýza [The Influence of the Institutional Factors on the Corruption: The Empirical Analysis]," Politická ekonomie, Prague University of Economics and Business, vol. 2012(2), pages 167-186.
    8. repec:prg:jnlpep:v:2015:y:2015:i:5:id:527:p:1-23 is not listed on IDEAS

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    More about this item

    Keywords

    credit; export; Government Support;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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