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Lookup NU author(s): Dr Philip Dawson,
Dr Lionel Hubbard
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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.
Author(s): Dawson PJ, Hubbard LJ
Publication type: Article
Publication status: Published
Journal: Applied Economics
ISSN (print): 0003-6846
ISSN (electronic): 1466-4283
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