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Exports and economic growth in Central and East European countries during transition

Lookup NU author(s): Dr Philip Dawson, Dr Lionel Hubbard

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Abstract

This paper quantifies the contribution of exports to economic growth in Central and East European countries (CEECs) during transition. Two theoretical models are examined: the first is based on an aggregate production function which includes exports as an additional 'input'; while the second is based on a two-sector (exports and non-exports) model where exports provide positive externalities in non-export production. Each model is estimated with both fixed and random effects using panel data. Results show that the random effects model is preferred and that exports have a significant impact on economic growth. © 2004 Taylor and Francis Ltd.

Publication metadata

Author(s): Dawson PJ, Hubbard LJ

Publication type: Article

Publication status: Published

Journal: Applied Economics

Year: 2004

Volume: 36

Issue: 16

Pages: 1819-1824

ISSN (print): 0003-6846

ISSN (electronic): 1466-4283

Publisher: Routledge

URL: http://dxdoi.org/10.1080/000368042000241123

DOI: 10.1080/000368042000241123

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