Empirická verifikace vztahu zahraničního obchodu a ekonomického růstu (strukturální pohled)

This diploma thesis deals with the empirical verification of the import and export function in relation to economic growth, but also other variables resulting from variant theoretical approaches. The theory discusses the importance of foreign trade, the structure of foreign trade in the Czech Republic, the influence of terms of trade or methodology, the link to GDP and the current account of the balance of payments, and finally a description of the results of previous works. The models are created using cointegration and an error correction model distinguishing short-term and long-term relationship, and also using VAR models, which examine whether there is a difference between an aggregate function and disaggregated functions divided by SITC groups. Emphasis is placed on the interpretation of results using economic theory.