EUROPEAN UNION TRADE AND INVESTMENT FLOWS U-SHAPING INDUSTRIAL OUTPUT IN CENTRAL AND EASTERN EUROPE: THEORY AND EVIDENCE
Author: ALEXANDER REPTKINE AND PATRICK P. WALSH
Publisher:
Published: 1998
Total Pages: 48
ISBN-13:
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Author: ALEXANDER REPTKINE AND PATRICK P. WALSH
Publisher:
Published: 1998
Total Pages: 48
ISBN-13:
DOWNLOAD EBOOKAuthor: Mr.Alexander Repkine
Publisher: International Monetary Fund
Published: 1998-10-01
Total Pages: 35
ISBN-13: 1451923279
DOWNLOAD EBOOKWe 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.
Author: Alexandre Repkine
Publisher:
Published: 2006
Total Pages: 34
ISBN-13:
DOWNLOAD EBOOKWe 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.
Author: Alexander Repkin
Publisher:
Published: 1998
Total Pages: 31
ISBN-13:
DOWNLOAD EBOOKAuthor: Alexandre Repkine
Publisher:
Published: 2010
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKIndustrial output in Central and Eastern Europe evolved in a U-Shape during the first seven years of transition. The literature explains the initial collapse of industrial output as an inefficient outcome driven by supply side distortions that constrain the transition process. We show that the U-Shape experience of industrial sectors is an outcome driven by an intra-sector change, induced by investment demand shocks, in the market orientation of production away from products traditionally sold into the CMEA market and towards products traditionally sold into the EU market. This revisionist view has important implications for policy formation.
Author: Riccardo Faini
Publisher:
Published: 1995
Total Pages: 308
ISBN-13:
DOWNLOAD EBOOKThis volume explores the changes in Central and Eastern Europe on trade and investment flows in Europe from three approaches: cross-sectional studies of the likely long-run comparative advantage of the CEECs; the impact of opening up to the East on individual countries (France, Spain, and Greece); and the specific 'sensitive' sectors of steel and textiles.
Author: John Eatwell
Publisher: Institute for Public Policy Research
Published: 1995
Total Pages: 222
ISBN-13: 9781860300110
DOWNLOAD EBOOKPresents the alternatives for economic transition and integration in central and eastern Europe
Author: William T. Bagatelas
Publisher: Routledge
Published: 2017-11-30
Total Pages: 306
ISBN-13: 1351155660
DOWNLOAD EBOOKA combination of rigorous analysis and case material; this book is an essential guide to trade and industry developments in Central and Eastern Europe. Its scope encompasses globalization, the business strategies of MNCs, agriculture, services and the dynamics of innovation. It also considers the trading relationships of these countries with Russia as well as the influence of trade on the democratization of states formerly belonging to the USSR.
Author: F. McGowan
Publisher: Routledge
Published: 2004-05-06
Total Pages: 404
ISBN-13: 1134358857
DOWNLOAD EBOOKThe latest wave of European Union expansion has brought many central and Eastern European countries into the fold. Unlike previous enlargements however, the latest new members are also undergoing radical economic reform as they reintegrate into international economy.This book reviews the changing industrial architecture of the new wider Europe from
Author: NA NA
Publisher: Springer
Published: 2016-04-30
Total Pages: 230
ISBN-13: 1349629421
DOWNLOAD EBOOKThe Return to Europe examines the ability of the Central and South-east European economies to withstand competitive pressures on entry to the EU. These economies are still experiencing major structural problems inherited from communism. A major gap still exists between the income levels and economic structures of the accession states and the existing members of the EU. Trade relations largely involve the exchange of labour-intensive goods produced in Eastern Europe for technology-intensive goods produced in the EU. The export structures of some Central European economies which have attracted foreign direct investment is improving. Romania and Bulgaria have become increasingly dependent on export of labour-intensive goods since the collapse of communism. Will this create a permanent division of labour in an enlarged EU in which some regions of Europe fail to attract investment and become dependent on the export of low-wage goods, with implications for European security?