Central and East European Industry in an Enlarged European Union: Restructuring, Specialisation and Catching-up
AbstractThe Central and East European Accession Countries (ACs) have gone through a dramatic process of structural adjustment in which their integration into trade and production systems with the EU, fostered especially by inflows of FDI, has played a major role. Using detailed national statistics on production, employment and FDI (at 2-digit NACE level), as well as Eurostat data on manufacturing industry trade, this paper analyses the emerging patterns of ACs’ industrial specialisation and identifies sectors where productivity catch-up has been most pronounced. This paper attempts to outline the emerging position of the ACs’ industries (and their individual sectors) within the enlarged EU. While EU accession will not bring any additional, dramatic changes to industry (owing to the high degree of integration in this area which already exists), there are some sectors that will be affected by differentiated patterns of growth and cost structures.
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Bibliographic InfoArticle provided by CEPII research center in its journal Economie Internationale.
Volume (Year): (2005)
Issue (Month): 102 ()
Industry; restructuring; productivity; growth; FDI; CEE acceding countries;
Find related papers by JEL classification:
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F15 - International Economics - - Trade - - - Economic Integration
- J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
- O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
- P27 - Economic Systems - - Socialist Systems and Transition Economies - - - Performance and Prospects
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- Peter Havlik & Sebastian Leitner & Robert Stehrer, 2008. "Growth Resurgence, Productivity Catching-up and Labour Demand in CEECs," wiiw Statistical Reports 3, The Vienna Institute for International Economic Studies, wiiw.
- Sandu, Steliana & Paun, Cristian, 2010. "Assessing The Possibilities Of Filling The Gap Between Romania And The Eu In The Rdi Field," Working Papers of National Institute of Economic Research 100204, National Institute of Economic Research.
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