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Title:Benchmarking Structural Change in Transition PDF Logo
Authors:Raiser, Martin
Schaffer, Mark E.
Schuchhardt, Johannes
Issue Date:2003
Series/Report no.:IZA Discussion paper series 727
Abstract:The transition to market-based economic systems in the countries of Central and Eastern Europe and the former Soviet Union involves fundamental shifts in the allocation of resources and deep changes in the structure of production and employment. This paper uses a simple model of economic development and structural change with technology spillovers to benchmark structural change in the transition economies and simulate the path of adjustment from central planning. We then analyse data from 10 accession candidates and 12 CIS countries to measure the progress in structural change that has taken place thus far and to assess the further structural changes that should be expected, with particular attention to the implications for accession.
Subjects:structural change
transition
adjustment
JEL:O14
P20
O40
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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