Comparing the Growth Performance of the New EU Countries

Barbara Döbeli and Marcin Kolasa

Eastern European Economics, 2007, vol. 45, issue 5, 55-68

Abstract: We measure the contribution of the main factors explaining real domestic income growth in eight new EU countries. Our concept of real domestic income differs from real gross domestic product (GDP) by treating changes in the prices of goods traded internationally as a real effect to income growth. Our estimates show that three countries experience a strong increase in their terms of trade, indicating that real GDP growth underestimates the increase in real domestic income of these countries, and that real GDP growth should be used only to roughly approximate changes in a country's real income.

Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://mesharpe.metapress.com/link.asp?target=contribution&id=H8X1205635U15644 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mes:eaeuec:v:45:y:2007:i:5:p:55-68

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MEEE20

Access Statistics for this article

More articles in Eastern European Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().