Export Variety and Economic Growth in East European Transition Economies
33 Pages Posted: 19 Sep 2007
Date Written: July 3, 2003
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.
Keywords: product variety, transition economies, Eastern Europe, economic growth, panel data
JEL Classification: C33, F43, O31, O33, O52
Suggested Citation: Suggested Citation
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