Working Paper
Some Empirical Findings on the Structural Devlopment of the Estonian Economy
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.
Key Words
- Catching-up
- economic development
- Economic Structures
- Estonia
- Reforms
- structural change