After the fundamental changes of the early 1990s and before Estonia joined the EU, many neo-liberal economists regarded Estonia as their model student - due to the country's economic principles. Economic growth has been positive from 1995 on (except in 1999) until 2007, and above the EU average....

The article analyzes the competition policy's role in network industries (energy, telecommunication and railway sector) from points of view regulation and deregulation and institutional aspects of the competition policy in Estonia taking into account the particular developments in some...

In the article there are analyzed the electricity market opening issues in the European Union and especially in the Baltic countries. The aim of the article is to find out and specify the main challenges for Baltic countries in electricity market liberalization process. The Baltic countries are...

The paper presents a decomposition of productivity gap between South-Korea and Estonia for the year 2006. After presenting stylised facts related to income conver-gence, we apply shift-share analysis to explain the patterns of structural disparities both at aggregated sectoral level and within...

The present study is a follow up to a previous paper by the same authors that aimed to systematize the similarities and differences of the economic structures of the countries of the European Union. This errand has been expanded to include the countries of the OECD. The starting point of the...

Sectoral changes are nowadays an integral feature of economic development in all countries and hence gaining attention of several economists. Structural changes occur in different aggregation levels, from inter-industry change to inter-sectoral change. In this paper we are considering shifts at...

Unterschiedliche Wirtschaftssektoren brauchen wegen ihren technologischen Beson-derheiten und volkswirtschaftlichen Rolle unterschiedliche Spielregeln. Insbesondere gilt es für Infrastrukturbereiche wie Energetik, Transport, Telekommunikation, Kommunalversorgung, aber auch Post. Hier sind in...

In diesem Aufsatz wird der ordnungspolitische Hintergrund der menschlichen Entwicklung untersucht. Dabei steht eine empirische Analyse der Faktoren dieser Entwicklung im Vordergrund. Es soll gezeigt werden, dass Ökonometrie ein guter Werkzeug auch für vergleichende Analyse der...

Grundlage wird die empirische Analyse der Beschäftigungs- und Outputstrukturen der europäischen Wirtschaften nach Branchen mit Hilfe der mehrdimensionalen Fak-torenanalyse sein. Es werden zwei ersten Faktoren verwendet und interpretiert: F1. Entwicklung der Dienstleistungsgesellschaft...

Estonia with its foundations of economic system belongs amongst favorites of liberal economists. Foreign economical openness, stable money through the currency board arrangement exchange rate system, simple tax system with proportional income tax rate, rapid and transparent privatization for...