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Inequality and the Transition: Regional Development in Lithuania

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  • Larry Sawers

    ()
    (American University)

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    Abstract

    This research explores the substantial growth in regional inequality within Lithuania in the post-socialist era. A few regions, especially the capital city and its environs, have been able to attract substantial foreign investment, bolstering wages and employment and easing the move to a market-based economy. Isolated rural areas with few opportunities for formal or informal sector employment or even commercial farming have suffered the most, while smaller industrial cities with collapsing employment in manufacturing are in an intermediate position. The paper uses descriptive statistics as well as ordinary least squares and fixed effects panel regressions to examine this issue.

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    Bibliographic Info

    Article provided by Baltic International Centre for Economic Policy Studies in its journal Baltic Journal of Economics.

    Volume (Year): 6 (2006)
    Issue (Month): 1 (July)
    Pages: 37-51

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    Handle: RePEc:bic:journl:v:6:y:2006:i:1:p:37-51

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    Related research

    Keywords: Transition; Inequality; Lithuania; Regional Development;

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    1. Michael Artis & Massimiliano Marcellino & Tommaso Proietti, 2004. "Characterising the Business Cycle for Accession Countries," Econometrics 0403006, EconWPA.
    2. Bayoumi, Tamim & Eichengreen, Barry, 1992. "Shocking Aspects of European Monetary Unification," CEPR Discussion Papers 643, C.E.P.R. Discussion Papers.
    3. Darvas, Zsolt & Szapáry, György, 2005. "Business Cycle Sychronization in the Enlarged EU," CEPR Discussion Papers 5179, C.E.P.R. Discussion Papers.
    4. Olivier Jean Blanchard & Danny Quah, 1988. "The Dynamic Effects of Aggregate Demand and Supply Disturbances," NBER Working Papers 2737, National Bureau of Economic Research, Inc.
    5. Peter Backé & Christian Thimann & Olga Arratibel & Oscar Calvo-Gonzalez & Arnaud Mehl & Carolin Nerlich, 2004. "The acceding countries’ strategies towards ERM II and the adoption of the euro - an analytical review," Occasional Paper Series 10, European Central Bank.
    6. Bayoumi, Tamim & Eichengreen, Barry, 1992. "Shocking Aspects of Monetary Unification," Department of Economics, Working Paper Series qt791143kp, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
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