We examine the evolution of industrial output in Bulgaria, Hungary, Poland and Romania over the period 1989-1995 in terms of product trade orientation prior to the transition process, some products
traded in a market ...
We undertake an analysis of the evolution of industrial output in Bulgaria, Hungary, Poland and Romania over the period 1989-1995. We theoretically and empirically model the growth dynamics of EU oriented output within ...
Industrial 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 ...