Showing 1 - 10 of 13
-intensive industries, which will confront export displacement in third (EU) markets and some foreign direct investment (FDI) diversion … diversion, however, since alternative locations in the CEECs provide lower cost export bases and a significantly better access …
Persistent link: https://www.econbiz.de/10005136499
Persistent link: https://www.econbiz.de/10010967075
This paper looks at Austria's pattern of development and its lessons for Eastern Europe. Austria's development path is characterized by three features. In the post-war era Austria was among the countries with the fastest convergence rate. At the same time Austria's movement up the technological...
Persistent link: https://www.econbiz.de/10005666891
the transition. The Czech Republic and Hungary have had some success moving into the production and export of more … helps to explain the strong export performance of the region. The technological and organizational implications of OPT are …-insensitive export products that offer countries insulation from foreign competition. …
Persistent link: https://www.econbiz.de/10005123672
Recent events, historical evidence and geographical proximity suggest that the six EFTAns and twelve Central and East European countries (CEECs) are natural trading partners. This paper evaluates this suggestion by estimating the potential for EFTA-CEEC trade using the gravity model of Wang and...
Persistent link: https://www.econbiz.de/10005662064
This paper fits a gravity model to the trade of 76 market economies. It then applies the model to data on East European economies to estimate what their trading potential might have been, had behaved like market economies in the mid-1980s. At existing levels of national income, the...
Persistent link: https://www.econbiz.de/10005662085
The paper sees countertrade - the tying of trade flows - as an insurance contract that mitigates contractual hazards and reduces the incentive for ex post `hold-up' when parties are `locked' in a relationship after they have made specific investment. This way tying is seen as a commitment device...
Persistent link: https://www.econbiz.de/10005123662
Using input-output and world price data, this study computes domestic resource costs (DRCs) for branches of manufacturing industry in Bulgaria, Czechoslovakia, Hungary, Poland and the former Soviet Union. The results show a wide dispersion of DRCs in each country, including branches with...
Persistent link: https://www.econbiz.de/10005124050
The demise of the CMEA trading system in 1991 and the shift to convertible currency settlements and world market prices was expected to bring about a severe contraction of intra-group trade, coupled with large imbalances in trade between Eastern Europe and the former Soviet Union. The observed...
Persistent link: https://www.econbiz.de/10005136560
the Soviet trade shock caused by the collapse of the CMEA and of traditional export markets in the Soviet Union. This …
Persistent link: https://www.econbiz.de/10005136681