Benchmarking Structural Change in Transition

Martin Raiser (), Mark Schaffer () and Johannes Schuchhardt

No 301, CERT Discussion Papers from Centre for Economic Reform and Transformation, Heriot Watt University

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)
Date: 2003
New Economics Papers: this item is included in nep-dev, nep-pke and nep-tra
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Citations: View citations in EconPapers (22)

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Journal Article: Benchmarking structural change in transition (2004)
Working Paper: Benchmarking Structural Change in Transition (2003)
Working Paper: Benchmarking Structural Change in Transition (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:hwe:certdp:0301

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