Export variety and economic growth in East European transition economies

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Title: Export variety and economic growth in East European transition economies
Author: Funke, Michael ; Ruhwedel, Ralf
Organization: Bank of Finland
Department / Unit: Institute for Economies in Transition (BOFIT)
Series: BOFIT Discussion Papers
Series number: 8/2003
Year of publication: 2003
Publication date: 15.9.2003
Published in: Published in Economics of Transition vol 13, no 1 (2005), pp. 25-50
Pages: 29 s.
Keywords: ulkomaankauppa; vienti; KIE; siirtymätaloudet; talouskasvu; Bofit-kokoelma
JEL: C33; F43; O31; O33; O52
Abstract: 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.
Rights: https://helda.helsinki.fi/bof/copyright


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