Browsing by Subject "P23"

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European trade and foreign direct investment u-shaping industrial output in Central and Eastern Europe : theory and evidence

Repkine, Alexander ; Walsh, Patrick P. (LICOS Centre for Transition Economics, 1998)

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 ...
Evidence of European trade and investment u-shaping industrial output in Bulgaria, Hungary, Poland, and Romania

Repkine, Alexander ; Walsh, Patrick P. (Elsevier Science, 1999-12)

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 ...