The aim and probably the biggest contribution of this paper is to produce unique data series for the capital stock and an estimate of the depreciation rate (using microeconomic data) in the transitive economies in the period 1989 - 1999 and subsequently to try to calculate the growth accounting...

The aim of this paper is to empirically analyze the determinants of growth in transition economies of Central and Eastern Europe and countries of former Soviet Union, using panel data for 25 countries for the longest available period 1989 - 1999. The paper's main finding is that macroeconomic...