Can Eastern Europe Catch Up?

Brzeski, Andrzej; Colombatto, Enrico

doi:10.1080/14631379996020

Cited by 11 publications

(8 citation statements)

References 8 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Prior studies found a rise in regional income inequality in the CEEC from the early stages of transition (Brzeski and Colombatto, 1999;Römisch, 2003), that continued throughout the accession period or even intensified (Petrakos et al, 2005;Ezcurra et al, 2007;Kallioras and Petrakos, 2010). Our evidence from the evolution of the income distribution across CEECs reveal increasing regional disparities in GDP per capita income, since the lowest income classes have only low probabilities of catching up with the middle income class.…”

Section: Weak Convergence Across the Eu And A Poverty Trap In Ceecssupporting

confidence: 46%

FDI, human capital and income convergence—Evidence for European regions

2016

View full text Add to dashboard Cite

This study examines regional GDP per capita income convergence for a sample of 269 regions within the European Union (EU) between 2003 and 2010. We use an endogenous broad capital model based on foreign direct investment (FDI) induced agglomeration economies and human capital. By applying a Markov chain approach to a new dataset that exploits micro-aggregated sub-national FDI statistics, the analysis provides insights into regional income growth dynamics within the EU. Our results indicate a weak process of overall income convergence across EU regions. This does not apply to dynamics within Central and East European countries (CEECs), where we find indications for a poverty trap. In contrast to FDI, regional human capital seems to be associated with higher income levels. Yet we identify a positive interaction of FDI and human capital in their relation with income growth dynamics.

show abstract

Section: Weak Convergence Across the Eu And A Poverty Trap In Ceecssupporting

confidence: 46%

FDI, human capital and income convergence—Evidence for European regions

2016

View full text Add to dashboard Cite

show abstract

“…The income gap with the old EU member-states was wide, indicating the emergence of an 'east-west' pattern of development in the enlarged EU. The situation was even worse concerning the Baltic countries and, especially, the Balkan countries, indicating the reproduction of the EU-15 'core-periphery' pattern of development in the EU NMS area (Brzeski and Colombatto 1999;Petrakos 2000;.…”

Section: The Industrial Experience Of New Eu Member-states Regions Inmentioning

confidence: 99%

Industrial growth, economic integration and structural change: evidence from the EU new member-states regions

Kallioras

Petrakos

2009

Ann Reg Sci

View full text Add to dashboard Cite

The article evaluates the pre-accession experience of new European Union member-states, coming from the former Eastern bloc, estimating an empirical model used to account for regional-industrial employment growth in the early transition period, 1991-2000. The results obtained indicate the adverse impact of the economic integration dynamics and detect the interplay among structural characteristics and geographical coordinates that determines the relative winners. The findings of the article have important implications for both theory and policy. JEL Classification

show abstract

“…The prestigious journal Post-Communist Economies (formerly Communist Economies and Economic Transformation) has published, systematically, interesting articles on various economic sectors, in different transition countries such as: Azerbaijan (Sabi 1997), Bulgaria (Mihaylova and Howe 1998), Croatia (Cengic 1996), (East) Germany (Hölscher 1997), Hungary (Mihalyi 1996), Poland (Kaminski 1998), Romania (Hunya 1998), Russia (Magomedov 1998), Kazakhstan and Uzbekistan (Abazov 1997), Ukraine (Ishaq 1997;Hirschhausen 1998). The critical issue of economic development is important for each individual country as well as for an entire region -it could be either Central Asia or Eastern Europe (Brzeski and Colombatto 1999).…”

Section: Transition Processmentioning

confidence: 99%

Theoretical Aspects of the Economic Transition

Vepa¹

2011

Models and Applications of Chaos Theory in Modern Sciences

View full text Add to dashboard Cite

For Romania, as for all other ex-communist countries from Eastern Europe, the transition from the rigid centrally planned economic system to the free-market economy, fair competition based, was an amazing experience. From the academic standpoint, the economic reform was a huge research opportunity, as well as having extremely important practical consequences. Based on the case of Romania, the authors have developed an original, bi-dimensional matrix model of this transition process (Scarlat Model), emphasizing the typology of four basic economic systems. Managerial aspects are underlined-both for economic systems and transition process-as well as some stability considerations. Two features of the transition strategy are presented: the transition path and duration of the process. Special attention was paid to assessing the moment by when the economic transition ends. Analysis of the transition path-based on the theory of deterministic chaos (i. e. short-run predictability)-has led to interesting results: a comprehensive research on the evolution of the Romanian currency exchange over a period of sixteen years (1990-2005) revealed three intervals in the Romanian recent history of economic transition and confirmed the diagnostic of transition end. The general model is applied in the case of Romania and some interesting findings are presented, but it is also fully applicable to all Eastern European countries and not only Romania. The eu accessing process is a different type of transition-rigorously planned, regulated and monitored.

show abstract

Can Eastern Europe Catch Up?

Cited by 11 publications

References 8 publications

FDI, human capital and income convergence—Evidence for European regions

FDI, human capital and income convergence—Evidence for European regions

Industrial growth, economic integration and structural change: evidence from the EU new member-states regions

Theoretical Aspects of the Economic Transition

Contact Info

Product

Resources

About