Benchmarking Structural Change in Transition

Martin Raiser, Mark Schaffer () and Johannes Schuchardt
Additional contact information
Martin Raiser: EBRD
Johannes Schuchardt: Humboldt University and MicroDiscovery, Berlin

No 727, IZA Discussion Papers from Institute for the Study of Labor (IZA)

Abstract: The transition to market-based economic systems in the countries of Central and Eastern Europe and the former Soviet Union involves fundamental shifts in the allocation of resources and deep changes in the structure of production and employment. This paper uses a simple model of economic development and structural change with technology spillovers to benchmark structural change in the transition economies and simulate the path of adjustment from central planning. We then analyse data from 10 accession candidates and 12 CIS countries to measure the progress in structural change that has taken place thus far and to assess the further structural changes that should be expected, with particular attention to the implications for accession.

Keywords: structural change; transition; adjustment (search for similar items in EconPapers)
JEL-codes: O14 O40 P20 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-com, nep-dev, nep-eec, nep-mac and nep-tra
Date: 2003-02
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Related works:
Working Paper: Benchmarking Structural Change in Transition (2003)
Working Paper: Benchmarking Structural Change in Transition (2003)
Journal Article: Benchmarking structural change in transition (2004)
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