The External Sector, the State and Development in Eastern Europe
The countries of Central and Eastern Europe have displayed widely disparate trade performance since the beginning of the transition. The Czech Republic and Hungary have had some success moving into the production and export of more technologically-sophisticated, higher value-added goods, while Bulgaria and Slovakia have continued to specialize, sometimes increasingly, in low-skill, low-value-added goods. Poland and Romania are intermediate cases. In Poland, different parts of the economy show each of these tendencies. In Romania, performance is very different in different periods – significantly better after 1994 than before. In accounting for these patterns, our analysis points to the importance of direct foreign investment (DFI) and outward processing trade. DFI has been an engine of technological and organization learning, but it has been significant only in the Czech Republic, Hungary and, most recently, Poland. Outward-processing trade (OPT) is widely spread and helps to explain the strong export performance of the region. The technological and organizational implications of OPT are, however, less obviously favourable: in particular, it does not encourage the development of differentiated, price-insensitive export products that offer countries insulation from foreign competition.
(This abstract was borrowed from another version of this item.)
|Date of creation:||01 Mar 1998|
|Date of revision:|
|Contact details of provider:|| Postal: 2234 Piedmont Avenue, Berkeley, CA 94720|
Phone: +1 510 642 3067
Fax: +1 510 643 6617
Web page: http://www.escholarship.org/repec/brie
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bayoumi, Tamim & Coe, David T & Helpman, Elhanan, 1996.
"R&D Spillovers and Global Growth,"
CEPR Discussion Papers
1467, C.E.P.R. Discussion Papers.
- Tamim Bayoumi & Elhanan Helpman & David T. Coe, 1996. "R&D Spillovers and Global Growth," IMF Working Papers 96/47, International Monetary Fund.
- Bayoumi, T. & Coe, D.T. & Helpman, E., 1996. "R&D Spillovers and Global Growth," Papers 14-96, Tel Aviv.
- Tamim Bayoumi & David T. Coe & Elhanan Helpman, 1996. "R&D Spillovers and Global Growth," NBER Working Papers 5628, National Bureau of Economic Research, Inc.
- Gabor Hunya & Sandor Richter & Roman Stöllinger, 2010. "Monthly Report No. 1/2010," wiiw Monthly Reports 2010-01, The Vienna Institute for International Economic Studies, wiiw.
- Edwin Mansfield & Anthony Romeo, 1980. "Technology Transfer to Overseas Subsidiaries by U. S.-Based Firms," The Quarterly Journal of Economics, Oxford University Press, vol. 95(4), pages 737-750.
- Huff,W. G., 1997.
"The Economic Growth of Singapore,"
Cambridge University Press, number 9780521629447, Junio.
- Kaminski, Bartlomiej & DEC, 1993. "How the market transition affected export performance in the Central European economies," Policy Research Working Paper Series 1179, The World Bank.
- Coe, D.T. & Helpman, E., 1993.
"International R&D Spillovers,"
5-93, Tel Aviv.
- Fidrmuc, Jarko & Helmenstein, Christian & Huber, Peter, 1995. "Investigating Disaggregate East-West Trade Data: The Reshaping of the International Division of Labor," East European Series 23, Institute for Advanced Studies.
- David T. Coe & Elhanan Helpman & Alexander Hoffmaister, 1995.
"North-South R&D Spillovers,"
NBER Working Papers
5048, National Bureau of Economic Research, Inc.
- Drábek, Zdenek & Smith, Alasdair, 1995. "Trade Performance and Trade Policy in Central and Eastern Europe," CEPR Discussion Papers 1182, C.E.P.R. Discussion Papers.
- Gual, Jordi & Martín, Carmela, 1994. "Trade and Foreign Direct Investment with Central and Eastern Europe: Its Impact on Spain," CEPR Discussion Papers 1006, C.E.P.R. Discussion Papers.
- Françoise Lemoine, 1996. "Trade Policy and Trade Patterns During Transition: a Comparison Between China and the CEECs," Working Papers 1996-02, CEPII research center.
- Kokko, Ari, 1994. "Technology, market characteristics, and spillovers," Journal of Development Economics, Elsevier, vol. 43(2), pages 279-293, April.
- McAleese, Dermot & McDonald, Donogh, 1978. "Employment Growth and the Development of Linkages in Foreign-Owned and Domestic Manufacturing Enterprises," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 40(4), pages 321-39, November.
- Dieter Schumacher, 1995.
"Impact on German Trade of Increased Division of Labour with Eastern Europe,"
Discussion Papers of DIW Berlin
116, DIW Berlin, German Institute for Economic Research.
- Schumacher, D., 1995. "Impact on German Trade of Increased Division of Labor with Eastern Europe," Papers 6, American Institute for Contemporary German Studies-.
- James Riedel, 1975. "The nature and determinants of export-oriented direct foreign investment in a developing country: A case study of Taiwan," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 111(3), pages 505-528, 09.
- Neven, Damien J, 1994.
"Trade Liberalization with Eastern Nations. How Sensitive?,"
CEPR Discussion Papers
1000, C.E.P.R. Discussion Papers.
- Damien NEVEN, 1994. "Trade Liberalisation with Eastern Nations. How Sensitive ?," Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) 9407, Université de Lausanne, Faculté des HEC, DEEP.
- Halpern, László, 1994. "Comparative Advantage and Likely Trade Pattern of the CEECs," CEPR Discussion Papers 1003, C.E.P.R. Discussion Papers.
- Abramovitz, Moses, 1986. "Catching Up, Forging Ahead, and Falling Behind," The Journal of Economic History, Cambridge University Press, vol. 46(02), pages 385-406, June.
- Markusen, James R. & Venables, Anthony J., 1999.
"Foreign direct investment as a catalyst for industrial development,"
European Economic Review,
Elsevier, vol. 43(2), pages 335-356, February.
- James R. Markusen & Anthony J. Venables, 1997. "Foreign Direct Investment as a Catalyst for Industrial Development," NBER Working Papers 6241, National Bureau of Economic Research, Inc.
- Blomström, Magnus & Kokko, Ari, 1996.
"Multinational Corporations and Spillovers,"
CEPR Discussion Papers
1365, C.E.P.R. Discussion Papers.
- Blomström, Magnus & Kokko, Ari, 1996. "Multinational Corporations and Spillovers," SSE/EFI Working Paper Series in Economics and Finance 99, Stockholm School of Economics.
- Alwyn Young, 1992. "A Tale of Two Cities: Factor Accumulation and Technical Change in Hong Kong and Singapore," NBER Chapters, in: NBER Macroeconomics Annual 1992, Volume 7, pages 13-64 National Bureau of Economic Research, Inc.
- Djankov, Simeon & Hoekman, Bernard, 1996. "Intra-Industry Trade, Foreign Direct Investment and the Reorientation of East European Exports," CEPR Discussion Papers 1377, C.E.P.R. Discussion Papers.
When requesting a correction, please mention this item's handle: RePEc:cdl:ucbrie:qt22r0x8qk. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lisa Schiff)
If references are entirely missing, you can add them using this form.