Some Empirical Findings on the Structural Devlopment of the Estonian Economy

Authors

• Laaser
• C.-F.
• Reiljan
• J.
• Schrader
• K.

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In this paper the authors raise the question what are the causes of the sluggish catching-up process in Estonia, and which opportunities Estonian economic policy has in order to close the wealth gap. It turns out that Estonia faces a serious productivity problem, particularly in the manufacturing sector producing tradable goods which is normally the driving engine behind economic and technological catching-up.

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