The Supply and Demand Shocks in Central and Eastern European Countries During the COVID-19 Pandemic - A Study in the Automotive Industry
Nabidkově-poptávkové šoky ve středoevropských zemích během pandemické krize COVID-19: studie automobilového průmyslu.
diploma thesis (DEFENDED)
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Permanent link
http://hdl.handle.net/20.500.11956/176678Identifiers
Study Information System: 240568
Collections
- Kvalifikační práce [17632]
Faculty / Institute
Faculty of Social Sciences
Discipline
International Masters in Economy, State and Society with specialisation in Economy and Business
Department
Department of Russian and East European Studies
Date of defense
13. 9. 2022
Publisher
Univerzita Karlova, Fakulta sociálních vědLanguage
English
Grade
Excellent
Keywords (Czech)
COVID-19, země střední a východní Evropy, automobilový průmysl, nabídkový šok, poptávkový šokKeywords (English)
COVID-19, Central and Eastern European Countries, automotive industry, supply shock, demand shockThis paper would like to investigate the supply-side and demand-side of the automotive industry in seven Central and Eastern European countries during the COVID-19 pandemic. This paper adopted the vector autoregression (VAR) model to analyse the changes in the variables when experiencing the shock. The results suggest weak influences between the variables. Then, this paper directly compares the trends of each variable over the past five years. We observe strong correlations between related variables to production and sales respectively. We suspect the weak VAR model results might be due to the relatively short pandemic period to the whole time range.