Have Export Compositions Influenced the Economic Growth Among the European Union Countries in Central and Eastern Europe?

Donny Tang

doi:10.5937/ejae17-23638

Donny Tang Temple University, USA

DOI: https://doi.org/10.5937/ejae17-23638

Keywords: fuel, export, Europe, economic growth, composition,

Abstract

This study analyzes the export composition effects on the economic growth in the European Union (EU) countries in Central and Eastern Europe (CEE) during 1999-2016. The results confirm that the fuel and food exports have boosted growth after the EU accession. As expected, the agricultural exports have no effect on growth. Due to the different comparative advantages, the CEE countries have still relied on some raw material exports while developing manufactured exports. The results also indicate that the transportation equipment, textile, steel and chemical exports have accelerated growth. This can be attributed to the economies of scale in production given their greater access to EU markets.

Author Biography

Donny Tang, Temple University, USA

Donny Tang is a Research Fellow affiliated with the Department of Economics at the Fox School of Business at Temple University, Philadelphia, USA. His research areas include economic integration, financial development, economic growth, capital flow, and trade liberalization with regional focus on the European Union countries in Western Europe and Central Eastern Europe. For the past decades, he has published fourteen empirical papers in refereed economic journals in the areas of international economics, trade, and economic growth.