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Integration, Institutions and Export Specialization

In: Economic Crisis in Europe and the Balkans

Author

Listed:
  • Karen Crabbé

    (KU Leuven|Thomas More Antwerp)

  • Michel Beine

    (University of Luxembourg)

Abstract

This paper studies the impact of economic integration and institutional reforms on export specialization in Central and Eastern Europe. The integration and transition process in Central and Eastern Europe offer us a good empirical setting to examine this research question. The empirical analysis is set up for ten Central and Eastern European countries (CEEC) over the period 1996–2008. We find robust results that better protected property rights and a fair credit policy lead to more diversified exports. Trade integration, on the other hand, stimulates export specialization, but institutions seem to be more important in explaining export patterns

Suggested Citation

  • Karen Crabbé & Michel Beine, 2014. "Integration, Institutions and Export Specialization," Contributions to Economics, in: Anastasios Karasavvoglou & Persefoni Polychronidou (ed.), Economic Crisis in Europe and the Balkans, edition 127, pages 163-176, Springer.
    • Handle: RePEc:spr:conchp:978-3-319-00494-5_9
    DOI: 10.1007/978-3-319-00494-5_9
    as

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