European Trade and Foreign Direct Investment U-Shaping Industrial Output in Central and Eastern Europe

European Trade and Foreign Direct Investment U-Shaping Industrial Output in Central and Eastern Europe

Author: Mr.Alexander Repkine

Publisher: International Monetary Fund

Published: 1998-10-01

Total Pages: 35

ISBN-13: 1451923279

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We examine industrial output in Bulgaria, Hungary, Poland, and Romania during 1989–95 in terms of pretransitional product trade orientation. The growth of EU-oriented output within sectors of industry, ex-post trade, and market liberalization, is modeled as foreign direct investment induced Schumpeterian (vertical) waves of product innovation. The growth of non-EU-oriented output within sectors is modeled as unobservable deterministic heterogeneity. The results indicate that the gap observed in industrial output performance when comparing Eastern European to former Soviet countries is mainly explained by the inherited presence of EU-oriented production and its unconstrained growth over the transition period.


Economic Convergence and Divergence in Europe

Economic Convergence and Divergence in Europe

Author: Gertrude Tumpel-Gugerell

Publisher: Edward Elgar Publishing

Published: 2003-01-01

Total Pages: 498

ISBN-13: 9781781951286

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Recoge : 1. Introductory session. - 2. Past convergence within the European Union. - 3. Accesion countries : achievements in real convergence. - 4. Accesion countries : how to balance real and nominal convergence challenges for monetary and exchange rate policy. - 5. Does the financial sector contribute to real growth? - 6. Is there somebody left out in the cold? prospects of CEE countries other than current accesion countries. - 7. Policy challenges within the (enlarged) EU : how to foster economic convergence?


The Emerging Economic Geography in EU Accession Countries

The Emerging Economic Geography in EU Accession Countries

Author: Peter Nijkamp

Publisher: Routledge

Published: 2017-11-30

Total Pages: 480

ISBN-13: 1351776533

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This title was first published in 2003. Since 1990, Central and Eastern European countries have experienced increased economic integration with the European Union. The spatial implications of this process have been little investigated so far. Have patterns of regional specialization and industrial concentration changed during the 1990s? How does regional specialization relate to economic performance? How has access to Western markets affected the regional wage structure? What types of regions are winners and what types of regions are losers? This book poses and answers such policy relevant questions. It is organized into three parts. The first introduces the main features of economic integration and transition processes in Central and Eastern Europe and discusses the theoretical and methodological framework of the research. The second part examines the cases of five countries: Bulgaria, Estonia, Hungary, Romania and Slovenia, and the final part includes three comparative analyses which explain the underlying factors that determine the changing patterns of location of manufacturing activity, the adjustment pattern of regional wages and adaptation processes in border regions in the five countries.


Transition and Economics

Transition and Economics

Author: Gérard Roland

Publisher: MIT Press

Published: 2000

Total Pages: 440

ISBN-13: 9780262681483

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The transition from socialism to capitalism in former socialist economies has transformed the economic structure. This book provides an overview of research on the issues raised by the shift from collective to private ownership.