Export variety and economic growth in East European transition economies
Funke, Michael; Ruhwedel, Ralf (15.09.2003)
Numero
8/2003Julkaisija
Bank of Finland
2003
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-20140807292Tiivistelmä
Utilising panel data for 14 East European transition economies, we find support for the hypothesis that a greater degree of export variety relative to the U.S. helps to explain relative per capita GDP levels.The empirical work relies upon some direct measures of product variety calculated from 5-digit OECD trade data.Although the issue is far from settled, the emerging view is that the index of relative export variety across countries correlates significantly with relative per capita income levels. Keywords: Product Variety, Transition Economies, Eastern Europe, Economic Growth, Panel Data JEL classification: C33, F43, O31, O33, O52.
Julkaisuhuomautus
Published in Economics of Transition vol 13, no 1 (2005), pp. 25-50