Working Paper
Some Empirical Findings on the Structural Devlopment of the Estonian Economy
Kiel Working Papers, 1998
Authors
Publication Date
JEL Classification
F14
O12
O52
Key Words
Related Topics
Europe
Economic & Financial Crises
European Union & Euro
Growth
Innovation and Structural Change
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.