Modelling the Structural Change of Transition Countries

Ulrich Thiessen and Paul R. Gregory

No 519, Discussion Papers of DIW Berlin from DIW Berlin, German Institute for Economic Research

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.

Keywords: Structural change; Transition; Simulations (search for similar items in EconPapers)
JEL-codes: O40 O57 P21 (search for similar items in EconPapers)
Pages: III, 31, 11 p.
Date: 2005
New Economics Papers: this item is included in nep-tra
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Citations: View citations in EconPapers (3)

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