Czech Export Credit Agencies and their Market Power

Janda, Karel (2014): Czech Export Credit Agencies and their Market Power.

Abstract

We describe the export credit agencies in the Czech Republic and the export promotion strategy of the Czech government. The policy part of the paper is focused on the interac- tion of government owned and supported Czech Export Bank with the Czech commercial banks. We argue that the major market share of Czech Export Bank in export credit market may be explained by a number of factors in addition to the competitive advantage provided by lower pro�t margins of Czech Export Bank. These factors may be grouped into strategic factors related to competition among commercial banks and into factors based on Czech Export Bank being state owned specialized export bank as opposed to private general banks.

• Item Type: MPRA Paper
• Language: English
• Keywords: international trade, state promotion, export credit agencies, Czech Republic
• Subjects: F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade; G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages; G - Financial Economics > G2 - Financial Institutions and Services > G28 - Government Policy and Regulation

References

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