The quality and variety of exports from the new EU member states: evidence from very disaggregated data

Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Straipsnis / Article
Language:
Anglų kalba / English
Title:
The quality and variety of exports from the new EU member states: evidence from very disaggregated data
In the Journal:
Economics of transition. 2011, Vol. 19, iss. 4, p. 723-747
Keywords:
LT
Eksportas; Kokybė; Naujosios ES valstybės narės; Vartotojo naudingumas; Įvairovė.
EN
Consumer's utility; Exports; New EU member states; Quality; Variety.
Summary / Abstract:

ENThe goal of this article is to evaluate the variety and quality of exports from the new EU member states (NMSs) in the period 1999–2009. The practical relevance of such an analysis is threefold: recent studies underline the importance of export variety for economic growth; empirical results show that export variety was influenced by the EU membership; and looking separately at export quality permits a better understanding of price competitiveness. Our results show that all NMSs significantly increased the average number of brands exported to the EU market, the largest increases being observed in 2004 and after. This indicates that integration into the EU market occurs in the extensive as well as the intensive dimension. We also find that all NMSs increased the average quality of their exports during the decade studied although there are differences between countries. Thus, a large part of the increase in the prices of exports from NMSs resulted from improving quality and did not result in a loss of competitiveness. Finally, estimates of relative quality are much more stable than relative prices, suggesting that our measure of relative quality is better than the traditional proxy. [From the publication]

ISSN:
0967-0750
Related Publications:
Lietuvos narystė Europos Sąjungoje: ekonominė raida / Vytautas Kuokštis. Politologija. 2014, Nr. 4 (76), p. 92-123.
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https://www.lituanistika.lt/content/89361
Updated:
2021-02-02 19:08:01
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