000 01441cam a2200205 4500500
005 20250112031848.0
041 _afre
042 _adc
100 1 0 _aBoeri, Tito
_eauthor
700 1 0 _a Oliveira-Martins, Joaquim
_eauthor
245 0 0 _aTransition, Product Variety, and Economic Integration
260 _c2002.
500 _a46
520 _aConvergence of transition countries will have an impact on their external competitiveness. However, small open economies can grow faster than their partners without being constrained by the balance of payments if they succeed in increasing the supply of differentiated goods produced domestically (variety effect). This will require extensive economic restructuring as production is still largely focused on homogeneous goods with little differentiation and business density is significantly lower than in Western Europe. This paper introduces a simple open-economy model that can account for these stylised facts of transition and provides numerical simulations to evaluate the potential impact of the economic restructuring process on employment, production and start-up costs for new businesses.
690 _aproduct variety
690 _atrade specialisation
690 _aTransition countries
786 0 _nEconomie & prévision | o 152-153 | 1 | 2002-03-01 | p. 55-69 | 0249-4744
856 4 1 _uhttps://shs.cairn.info/journal-economie-et-prevision-1-2002-1-page-55?lang=en
999 _c157267
_d157267