Working Paper

Some Empirical Findings on the Structural Devlopment of the Estonian Economy

Authors

  • Claus-Friedrich Laaser
  • Janno Reiljan
  • Klaus Schrader
Publication Date

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.

Info

JEL Classification
F14, O12, O52

Key Words

  • Catching-up
  • economic development
  • Economic Structures
  • Estonia
  • Reforms
  • structural change