Integration of CEECs into EU Markets: Structural Change and Convergence

• Author(s): Crespo, Nuno ; Fontoura, Maria Paula
• Date: 2004
• Persistent ID: http://hdl.handle.net/10400.5/2722
• Origin: Repositório da UTL
• Subject(s): Central and Eastern European Countries; Europe Agreements; Export Structure; Structural Change; Structural Convergence
• Document Type: Other
• Language: English

Description

The Central and Eastern European Countries (CEECs) have gone through a dramatic process of industrial restructuring in which the Europe Agreements have played a major role. Using detailed statistics, we analyse the transformation of CEECs' export structures and whether it led to structural convergence with the remaining EU members. We also analyse structural transformation within sectors in terms of quality ranges. The results show that, in general terms, CEECs have converged both at inter and intra-sectoral levels towards pre-existing EU members. We discuss whether further restructuring and relocation of CEECs' industrial patterns are probable in the aftermath of EU membership.