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Export variety and economic growth in East European transition economies

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  • Michael Funke

    (Hamburg University, Department of Economics)

  • Ralf Ruhwedel

Abstract

Utilising panel data for 14 East European transition economies, we find support for the hypothesis that a greater degree of export variety relative to the U.S. helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from 5-digit OECD trade data. Although the issue is far from settled, the emerging view is that the index of relative export variety across countries correlates significantly with relative per capita income levels.

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File URL: http://128.118.178.162/eps/mac/papers/0307/0307002.pdf
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Bibliographic Info

Paper provided by EconWPA in its series Macroeconomics with number 0307002.

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Length: 33 pages
Date of creation: 07 Jul 2003
Date of revision:
Handle: RePEc:wpa:wuwpma:0307002

Note: Type of Document - pdf; prepared on IBM PC ; to print on HP/PostScript/Franciscan monk; pages: 33 ; figures: included
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Web page: http://128.118.178.162

Related research

Keywords: Product Variety; Transition Economies; Eastern Europe; Economic Growth; Panel Data;

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