English, Article edition: PRICES IN TRADE OF THE CZECH REPUBLIC WITH MEMBER COUNTRIES OF THE EUROPEAN UNION Václav Nešvera

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Bookmark: http://trove.nla.gov.au/version/197952
Physical Description
  • article
Language
  • English

Edition details

Title
  • PRICES IN TRADE OF THE CZECH REPUBLIC WITH MEMBER COUNTRIES OF THE EUROPEAN UNION
Author
  • Václav Nešvera
Physical Description
  • article
Notes
  • Empirical research on the differences between unit values in the EU's trade with the Czech Republic and the intra-EU average has shown a significant changes. The comparative level of manufacturing products imported from the Czech republic has increased, the comparative level of products exported to the Czech republic has decreased. The price-gaps, inherited from the communist regime have been substantially reduced. Most remarkable changes of the comparative prices took place in trade with products of metalworking industries. The favourable development of price relations in the Czech foreign trade has been an important element underlying balance of payments performance, it has contributed to the nominal and real improvements of Czech krown and shoud play an importent role in the process of convergence. The analysis is based on Eurostat Comext Database.
  • unit values, terms of trade, prices in international trade, international trade, integration, convergence, competitiveness, comparative price level
  • RePEc:prg:jnlpol:v:2006:y:2006:i:2:id:554:p:214-226
Language
  • English
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