Working Paper

Some Empirical Findings on the Structural Devlopment of the Estonian Economy

Kiel Working Papers, 1998

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.