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Economic Growth Accounting in Twenty-Seven Transition Countries, 1990-2003

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  • Ryszard Rapacki
  • Mariusz Próchniak

Abstract

The aim of this paper is to conduct a growth accounting exercise for twentyseven transition economies in Central and Eastern Europe and the Commonwealth of Independent States. The analysis is divided into two parts. In part one we discuss the most salient features of these countries' growth paths between 1990 and 2003. The objective of the second part is to establish what proportion of the real GDP growth resulted from increased inputs of labor and capital and what was the contribution to growth of increased productivity of these factors (TFP). Our analysis has shown that changes in TFP were the most important driving force behind the GDP growth in former socialist countries.

Suggested Citation

  • Ryszard Rapacki & Mariusz Próchniak, 2009. "Economic Growth Accounting in Twenty-Seven Transition Countries, 1990-2003," Eastern European Economics, Taylor & Francis Journals, vol. 47(2), pages 69-112, March.
    • Handle: RePEc:mes:eaeuec:v:47:y:2009:i:2:p:69-112
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    Cited by:

    1. Ryszard Rapacki & Mariusz Próchniak, 2010. "Economic Growth Paths in the CEE Countries and in Selected Emerging Economies, 1993-2007," Research in Economics and Business: Central and Eastern Europe, Tallinn School of Economics and Business Administration, Tallinn University of Technology, vol. 2(1).
    2. Voskoboynikov, Ilya B., 2012. "New measures of output, labour and capital in industries of the Russian economy," GGDC Research Memorandum GD-123, Groningen Growth and Development Centre, University of Groningen.
    3. Marcel P. Timmer & Ilya B. Voskoboynikov, 2014. "Is Mining Fuelling Long-Run Growth in Russia? Industry Productivity Growth Trends Since 1995," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(S2), pages 398-422, November.
    4. repec:dgr:rugggd:gd-123 is not listed on IDEAS
    5. Mirzobobo Yormirzoev, 2022. "Economic Growth and Productivity Performance in Central Asia," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 64(3), pages 520-539, September.
    6. repec:dgr:rugggd:gd-137 is not listed on IDEAS

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