Závislost mezi zahraničním obchodem a ekonomickým růstem

The bachelor thesis focuses on the dependence between foreign trade and economic growth. The aim of the thesis is to examine causal relations between import, export and economic growth in the form of real GDP. Models are created by regression analysis focusing on short-term relationships. In the theoretical part, we introduce theory of foreign trade, economic growth and interdependence of these. Finally, the findings of previous works are captured. In the empirical part, models are first created between import and real GDP and then export and real GDP. The results suggest a rather bilateral relationship between imports and GDP. For exports, the dominant explanatory variable is foreign demand in the form of German GDP. Therefore, I tend to the validity of export-led growth model.