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

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Show simple item record Repkine, Alexander Walsh, Patrick P. 2009-04-02T11:48:35Z 2009-04-02T11:48:35Z Alexander Repkine and Patrick P. Walsh, 1998 en 1998-04
dc.description.abstract 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 sectors of industry, ex-post trade and market liberalization, as investment induced Schumpeterian waves of product innovation. Greater assess to the EU market and investors is estimated to have induced growth with increasing convexity over-time in all sectors of each country but particularly in traditionally larger sectors. This growth, unconstrained by the transition process, was in product categories that already exported to the EU before 1989. We estimate the growth dynamics of non-EU oriented output within sectors as unobservable deterministic sector and country specific heterogeneity. We demonstrate that the evolution of non-EU industrial output followed the pattern as that observed in CIS countries. The different shape in the industrial output of CEE compared to CIS countries is explained mainly by the evolution of traditionally EU oriented production that benefited greatly from increased access to the EU market and EU investors. en
dc.description.sponsorship Marie Curie Research Training Grant, ERB4001GT965163
dc.format.extent 4304 bytes
dc.format.mimetype application/pdf
dc.language.iso en en
dc.publisher University of Michigan. William Davidson Institute en
dc.relation.ispartofseries William Davidson Institute Working Papers Series en
dc.relation.ispartofseries 163 en
dc.relation.uri European trade and foreign direct investment u-shaping industrial output in Central and Eastern Europe : theory and evidence (1998) en
dc.relation.uri en
dc.subject.lcsh Investments, Foreign--Europe en
dc.subject.lcsh Industrial productivity--Europe en
dc.subject.lcsh Former communist countries--Economic conditions en
dc.title European Union trade and investment flows u-shaping industrial output in Central and Eastern Europe : theory and evidence en
dc.type Working Paper en
dc.internal.authorurl Patrick P. Walsh (web page) en
dc.internal.authorurl en
dc.internal.authorid UCD0027 en
dc.internal.availability Full text available en
dc.internal.webversions en
dc.status Not peer reviewed en
dc.neeo.contributor Repkine|Alexander|aut|
dc.neeo.contributor Walsh|Patrick P.|aut|UCD0027

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