Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/30987
Title: | Export potential of SMEs and Euro adoption in the Czech Republic |
Authors: | Helisek, Mojmir |
Keywords: | Small business -- Czech Republic Small business -- Finance Euro -- Czech Republic Transaction costs Foreign exchange rates -- Czech Republic Eurozone |
Issue Date: | 2013 |
Publisher: | University of Piraeus. International Strategic Management Association |
Citation: | Helisek, M. (2013). Export potential of SMEs and Euro adoption in the Czech Republic. European Research Studies Journal, 16(4), 71-78. |
Abstract: | The objective of this essay is to access the expected impact of the euro substitution for the Czech crown on exports of small and medium sized enterprises. The assessment has led to a theoretical definition of the transmission mechanism concerning the impact of the currency change on exports. It is the trade effect, transmitted through the elimination of certain transaction costs and exchange rate risk. This effect may also be promoted by the Rose Effect, specifically via SMEs. The Rose Effect is unlikely. This results from 1) currently high share of exports of SMEs in total export that corresponds to the share of GDP generated within the SME sector; 2) above-average share of Czech SMEs that export today. |
URI: | https://www.um.edu.mt/library/oar//handle/123456789/30987 |
Appears in Collections: | European Research Studies Journal, Volume 16, Issue 4 |
Files in This Item:
File | Description | Size | Format | |
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ERSJ,_16(4)_-_A6.pdf | 235.08 kB | Adobe PDF | View/Open |
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