Typologization of industrial systems in the countries of Central-Eastern and South-Eastern Europe

M. Lobanov, J. Zvezdanovic Lobanova and M. Zvezdanovic
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M. Lobanov: Institute of Economics of the Russian Academy of Sciences, Moscow, Russia
J. Zvezdanovic Lobanova: Institute of Social Sciences, Belgrade, Republic of Serbia
M. Zvezdanovic: Academy of National Security, Belgrade, Republic of Serbia

Journal of the New Economic Association, 2022, vol. 56, issue 4, 92-122

Abstract: The differences between the countries of Central-Eastern and South-Eastern Europe in terms of socio-economic and, in particular, industrial development suggests the use of complex approach to their study. At the same time, the formation of industrial potential takes place in similar, but not identical institutional conditions, which allows the development of typologies and classifications as a result of qualitative and quantitative data generalization. We analyzed intraregional differences in indicators of industrial production dynamics, its role in the economic development, the supply and cost of labor resources, foreign trade diversification and the level of foreign capital penetration, structural rationalization and the efficiency of enterprises. In addition, on the example of the countries of the region, the relationship between labor productivity and the share of foreign companies in the production structure was studied. The proposed typology of industrial systems in CEE and SEE countries is based on a comparison of two groups of indicators characterizing 1) the main trend in the industrial development and its contribution to economic growth (reindustrialization, recurrent / repeated deindustrialization, persistent deindustrialization, secondary / market industrialization); 2) the efficiency of factors of production, the extent of involvement in global economic relations, the focus on the products with high added-value (intensive, extensive and transitional industrial development).

Keywords: Central-Eastern Europe; South-Eastern Europe; industrial systems; types of development; factors of production; structural transformation; reindustrialization; Fourth industrial revolution (search for similar items in EconPapers)
JEL-codes: L6 O52 O57 P23 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:nea:journl:y:2022:i:56:p:92-122

DOI: 10.31737/2221-2264-2022-56-4-5

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