Comparative Advantage and Likely Trade Pattern of the CEECs

László Halpern ()

No 1003, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: The paper investigates the comparative advantage of Central and East European Countries (CEECs) through the analysis of commodity patterns of foreign trade. Due to rapid changes in production and trade structures the revealed comparative advantage may reflect both the old and the emerging capacities. Hence, outward processing trade, labour cost, human capital and foreign direct investment are also treated to assess the likely future trade pattern.

Keywords: Central and Eastern Europe; Comparative Advantage; Foreign Direct Investment (search for similar items in EconPapers)
JEL-codes: F14 P52 (search for similar items in EconPapers)
Date: 1994-09
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Citations: View citations in EconPapers (8)

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