European Trade and Foreign Direct Investment U-Shaping Industrial Output in Central and Eastern Europe : Theory and Evidence »
Series: IMF Working Papers
Author(s): Patrick Walsh , and Alexander Repkine
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 1998
Keywords: Foreign Direct Investment, Industrial Output Growth, Transition Economies, Cross-Country and Branches of Industry Regressions, direct investment, fdi, market liberalization
We examine industrial output in Bulgaria, Hungary, Poland, and Romania during 1989–95 in terms of pretransitional product trade orientation. The growth of EU-oriented output within sectors of industry, ex-po...