European Trade and Foreign Direct Investment U-Shaping Industrial Output in Central and Eastern Europe : Theory and Evidence /

We examine industrial output in Bulgaria, Hungary, Poland, and Romania during 1989-95 in terms of pretransitional product trade orientation. The growth of EU-oriented output within sectors of industry, ex-post trade, and market liberalization, is modeled as foreign direct investment induced Schumpet...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Walsh, Patrick
مؤلفون آخرون: Repkine, Alexander
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1998.
سلاسل:IMF Working Papers; Working Paper ; No. 1998/150
الوصول للمادة أونلاين:Full text available on IMF
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100 1 |a Walsh, Patrick. 
245 1 0 |a European Trade and Foreign Direct Investment U-Shaping Industrial Output in Central and Eastern Europe :   |b Theory and Evidence /  |c Patrick Walsh, Alexander Repkine. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1998. 
300 |a 1 online resource (34 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a We examine industrial output in Bulgaria, Hungary, Poland, and Romania during 1989-95 in terms of pretransitional product trade orientation. The growth of EU-oriented output within sectors of industry, ex-post trade, and market liberalization, is modeled as foreign direct investment induced Schumpeterian (vertical) waves of product innovation. The growth of non-EU-oriented output within sectors is modeled as unobservable deterministic heterogeneity. The results indicate that the gap observed in industrial output performance when comparing Eastern European to former Soviet countries is mainly explained by the inherited presence of EU-oriented production and its unconstrained growth over the transition period. 
538 |a Mode of access: Internet 
700 1 |a Repkine, Alexander. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1998/150 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1998/150/001.1998.issue-150-en.xml  |z IMF e-Library