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

Joze Damijan, Matija Rojec and Maja Ferjancic

LICOS Discussion Papers from LICOS - Centre for Institutions and Economic Performance, KU Leuven

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.

Keywords: export performance; transition economies of Central and Eastern Europe; (EU) market access; supply capacity; institutional setup; FDI (search for similar items in EconPapers)
JEL-codes: F12 F15 F21 O10 P30 (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-eec and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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http://www.econ.kuleuven.be/licos/publications/dp/dp202.pdf

Related works:
Journal Article: Growing Export Performance of Transition Economies: EU Market Access versus Supply Capacity Factors (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:lic:licosd:20208

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