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Determinanty evropského zahraničního obchodu: instituce, kultura, infrastruktura a geografie
[Determinants of the European Trade: Institutions, Culture, Infrastructure and Geography]


  • Jan Hanousek
  • Evžen Kočenda


We analyze the effect of the large set of theoretically motivated determinants on international trade among European countries during the period 1992-2008. The determinats cover areas of culture, institutions, infrastructure, and geography, including trade directions. We analyze trade in three types of goods: raw materials, parts and components, and capital goods. For each type of goods we differentiate trade in flows, extensive margin, and intensive margin. Methodologically we first derive fixed effects related to unique pairs of countries in terms of exports andimports. Then we explain the fixed effects with the set of trade determinants. We show number of detailed results that could be summarized in a following way. Geographical, cultural, and institutional determinants exhibit intuitively correct but varying effects. Soft and hard infrastructures exhibit strong and positive effect. Trade directions between new and old EU members plays a key role in the European trade.

Suggested Citation

  • Jan Hanousek & Evžen Kočenda, 2015. "Determinanty evropského zahraničního obchodu: instituce, kultura, infrastruktura a geografie
    [Determinants of the European Trade: Institutions, Culture, Infrastructure and Geography]
    ," Politická ekonomie, University of Economics, Prague, vol. 2015(5), pages 624-640.
  • Handle: RePEc:prg:jnlpol:v:2015:y:2015:i:5:id:1016:p:624-640

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    References listed on IDEAS

    1. Claudia Goldin, 2004. "The Long Road to the Fast Track: Career and Family," NBER Working Papers 10331, National Bureau of Economic Research, Inc.
    2. Claudia Goldin, 2006. "The Quiet Revolution That Transformed Women's Employment, Education, and Family," American Economic Review, American Economic Association, vol. 96(2), pages 1-21, May.
    3. Balcar Jiří & Filipová Lenka & Machová Zuzana, 2012. "Gender Wage Gap in the Czech Republic: First Descriptive Analysis Based on Survey 2011," Review of Economic Perspectives, De Gruyter Open, vol. 12(3), pages 151-167, October.
    4. Luisa Escriche, 2007. "Persistence of Occupational Segregation: the Role of the Intergenerational Transmission of Preferences," Economic Journal, Royal Economic Society, vol. 117(520), pages 837-857, April.
    5. Goldin, Claudia, 2006. "The Quiet Revolution That Transformed Women’s Employment, Education, and Family," Scholarly Articles 2943933, Harvard University Department of Economics.
    6. Luisa Escriche & Gonzalo Olcina & Rosario Sánchez, 2004. "Gender discrimination and intergenerational transmission of preferences," Oxford Economic Papers, Oxford University Press, vol. 56(3), pages 485-511, July.
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    More about this item


    European Union; panel data; bilateral trade; determinants of trade; European integration;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures


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