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Export variety and economic growth in East European transition economies

Author

Listed:
  • Michael Funke

    (Hamburg University, Department of Economics)

  • Ralf Ruhwedel

Abstract

Utilising panel data for 14 East European transition economies, we find support for the hypothesis that a greater degree of export variety relative to the U.S. helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from 5-digit OECD trade data. Although the issue is far from settled, the emerging view is that the index of relative export variety across countries correlates significantly with relative per capita income levels.

Suggested Citation

  • Michael Funke & Ralf Ruhwedel, 2003. "Export variety and economic growth in East European transition economies," Macroeconomics 0307002, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpma:0307002
    Note: Type of Document - pdf; prepared on IBM PC ; to print on HP/PostScript/Franciscan monk; pages: 33 ; figures: included
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    References listed on IDEAS

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    More about this item

    Keywords

    Product Variety; Transition Economies; Eastern Europe; Economic Growth; Panel Data;
    All these keywords.

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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