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Modelling the Structural Change of Transition Countries

Author

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  • Ulrich Thießen
  • Paul R. Gregory

Abstract

The rapid changes in the transition economies must be evaluated in a comparative context. This paper provides a comprehensive comparative analysis using a large panel data set of market economies as a reference point. We wish to establish the extent and speed with which the structures of the transition economies are converging towards other country groups ranked according to income levels. This exercise provides an alternate measure of transition "success" which is grounded in quantitative rather than subjective indicators. It also shows future sectoral growth patterns under the assumption that remaining structural distortions will continue to be removed.

Suggested Citation

  • Ulrich Thießen & Paul R. Gregory, 2005. "Modelling the Structural Change of Transition Countries," Discussion Papers of DIW Berlin 519, DIW Berlin, German Institute for Economic Research.
  • Handle: RePEc:diw:diwwpp:dp519
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    File URL: http://www.diw.de/documents/publikationen/73/diw_01.c.43753.de/dp519.pdf
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    1. repec:mje:mjejnl:v:13:y:2017:i:2:p:93-106 is not listed on IDEAS
    2. repec:mje:mjejnl:v:12:y:2017:i:2:p:93-106 is not listed on IDEAS

    More about this item

    Keywords

    Structural change; Transition; Simulations;

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform

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