Export-led growth in Central and Eastern Europe

Fragmentation of production has made it difficult to assess the contribution of exports to economic growth. This column decomposes growth into value added absorbed at home and that exported. Empirical results show that economic growth in Central and East European countries after 1995 was mainly driven by exports. The pace of convergence in Europe for exported value added was around four times faster than for domestic value added.

https://voxeu.org/article/export-led-growth-central-and-eastern-europe

Jan Hagemejer, Jakub Mućk

Lascia un commento

Il tuo indirizzo email non sarà pubblicato. I campi obbligatori sono contrassegnati *