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Growing export performance of transition economies: EU market access versus supply capacity factors

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  • Joze P. Damijan
  • Matija Rojec
  • Maja Ferjancic

Abstract

Remarkable growth of export performance of transition economies has been one of the most outstanding features of the transition and EU integration processes. The paper looks at the reasons behind this phenomenon. Following Redding and Venables (2003, 2004), and Fugazza (2004), we distinguish between foreign/EU market access and internal supply capacity factors. EU market access has been of great importance for export performance but does not explain the inter country differences. Inter country differences in export performance are explained by internal supply capacity factors, where stable institutional setup, structural reforms, and targeted FDI are in the forefront.

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File URL: http://www.econ.kuleuven.be/licos/publications/dp/dp202.pdf
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Bibliographic Info

Paper provided by LICOS - Centre for Institutions and Economic Performance, KU Leuven in its series LICOS Discussion Papers with number 20208.

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Date of creation: 2008
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Handle: RePEc:lic:licosd:20208

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Related research

Keywords: export performance; transition economies of Central and Eastern Europe; (EU) market access; supply capacity; institutional setup; FDI;

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Cited by:
  1. Goran Nikolić, 2013. "Is There A Structural Improvement In The Merchandise Exports Of The Balkan Countries In The Period 2000-2012?," Economic Annals, Faculty of Economics, University of Belgrade, vol. 58(196), pages 99-132, January â.

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