Although the OECD Anti-Bribery Convention has been signed by dozens of countries, only some of them enforce the laws against foreign bribery. To estimate whether the enforcement deters exports, we use a microfounded gravity model of bilateral trade flows of 132 countries. Our results imply that...

Despite a Sustainable Development Goals target to reduce trade mispricing and other illicit financial flows, it is not clear how to measure trade mispricing over time for countries worldwide. We aim to combine a broad coverage of countries by using UN Comtrade data and robustness by developing a...

The study uses network measures and visualisation to show alternative ways of exploring international trade and its structure. We specifically focus on trade networks in the largest export categories of the Czech Republic. Our results show the rising importance of the Czech Republic in the...

This article questions the slope homogeneity in a gravity equation and proposes a partially heterogeneous framework for its estimation using panel data. We suggest to employ K-mean clustering to group countries according to the gravity equation variables. Further, the gravity model is estimated...

The results generally confirm that Czech trade is oriented towards European countries and determined primarily by key economic factors of domestic and foreign GDP. The institutional variables remain largely insignificant, except corruption due tothe counterintuitive result that a higher...

Should we blame the euro for widening of current account deficits in the EMU? In this paper, we employ time-specific fixed effect estimator to study determinants of the current account deficits of the EU countries before and after adoption of the euro. Our aim is to assess to what extent the...

National borders reduce trade, but most estimates of the border effect seem puzzlingly large. We show that major methodological innovations of the last decade combine to shrink the border effect to a one-third reduction in international trade flows worldwide. The border effect varies across...

A key parameter in international economics is the elasticity of substitution between domestic and foreign goods, also called the Armington elasticity. Yet estimates vary widely. We collect 3,524 reported estimates of the elasticity, construct 34 variables that reflect the context in which...

The article deals with the export credit promotion in the Czech Republic. The development and structure of Czech trade and export support is presented first and it is followed by the econometric analysis of the gravity model of Czech trade. The econometric results show that the credit support...

In this paper, I have examined whether exporters benefit by exporting more, and also whether the productivity benefits from exporting more are heterogeneous across export destinations. I have conducted my own data collection field work and built a unique firm-level panel database of Czech...