The Growing Export Performance of Transition Economies: EU Market Access versus Supply Capacity Factors

  • Jože P. Damijan University of Ljubljana, Slovenia; Vienna University of Economics and Business Administration, Austria; Institute of Economic Research, Ljubljana, Slovenia
  • Matija Rojec University of Ljubljana, Slovenia; Institute of Macroeconomic Analysis and Development, Ljubljana, Slovenia
  • Maja Ferjančič Institute of Macroeconomic Analysis and Development, Ljubljana, Slovenia

Abstract

The paper examines the reasons for the remarkable growth of transition economies’ export performance. We distinguish between foreign/EU market access and internal supply capacity factors. EU market access has been of great importance, while among supply capacity factors, stable institutional setup, structural reforms, and targeted FDI are in the forefront.


Key words: Export performance, Transition economies of Central and Eastern Europe, (EU) market access, Supply capacity, Institutional setup, FDI.
JEL: F120, F150, F210, O100, P300.

How to Cite
Damijan J.P., Rojec M., & Ferjančič M. (2011). The Growing Export Performance of Transition Economies: EU Market Access versus Supply Capacity Factors. Panoeconomicus, 58(4), 489-509. doi:10.2298/PAN1104489D
Section
Original scientific paper