East European Transition and EU Enlargement

1. Front Matter

   Pages i-xiv

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2. Methodological Studies

   1. Front Matter

      Pages 1-1

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   2. Bounded Rationality, Very Young Financial Markets and the EU Enlargement

      • Adriana Agapie

      Pages 3-17

   3. A Continuous Time Approach to Cross Country Convergence

      • Mónica Hernández

      Pages 19-36

3. Current Status, Prospects, Country Specific Problems of Accession and CEE’s Convergence

   1. Front Matter

      Pages 37-37

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   2. Current Status, Prospects and Country Specific Problems of Accession: Republic of Latvia

      • Olegs Baranovs

      Pages 39-53

   3. The EU Accession Rally: Some Cross-Country Simulation Results

      • Wojciech W. Charemza, Maria Blangiewicz, Krystyna Strzała

      Pages 55-70

   4. Inflation and the Real Exchange Rate in CEECs: Does Productivity Growth Really Matter?

      • Balázs Égert

      Pages 71-85

   5. On the Convergence of Growth Path Towards Steady-States in OECD Countries in Solow-Swan Type Models

      • Paweł Kliber, Krzysztof Malaga

      Pages 87-104

   6. External Sector Response to Transition and External Shocks: The Case of Hungary

      • Zsuzsanna Sisak-Fekete

      Pages 105-117

4. Studies in Transition

   1. Front Matter

      Pages 119-119

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   2. Modelling and Forecasting the GDP Structure of Polish and Estonian Economies in Transition Period Using Markov Chains

      • Joanna Górka, Magdalena Osińska, Józef Stawicki

      Pages 121-135

   3. Macroeconomic Forecasts in Transition — Polish Projections in the ‘90s

      • Michał Greszta, Wojciech Maciejewski

      Pages 137-152

   4. A Quarterly Econometric Model of the Slovak Economy QEM-ECM-1.0

      • Jan Haluška, Michal Olexa

      Pages 153-162

   5. Business Fluctuations and Changes on the Money Market in the Polish Economy under Transition

      • Michał Kruszka

      Pages 163-177

   6. Stabilisation, Reform, Initial Conditions and Output Paths in Transition Economies

      • Bruno Merlevede

      Pages 179-198

5. Modelling Agriculture

   1. Front Matter

      Pages 199-199

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   2. European Integration: Estimation of Agricultural Supply Response of Central and East European Countries

      • Pavel Ciaian, Artan Qineti, Anselm Enete

      Pages 201-216

   3. Economic Welfare Effects of Romanian Agricultural Accession to the EU

      • Maria C. Firici, Kenneth J. Thomson

      Pages 217-224

6. Wages, Prices and Labour Market

   1. Front Matter

      Pages 225-225

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In March 1998 the European Union formally launched the accession process that will lead to a significant enlargement of the Union. So far ten countries from Central Europe: Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, the Slovak Republic and Slovenia have submitted their applications for EU membership. This unique process immediately attracted attention of economists and policy makers. Nevertheless, it can be noticed that among numerous results already published, there is a distinctive shortage of books and papers in which quantitative research methods are applied. This is to a large extent justified by the fact that the transition and accession processes are new to the economic sciences, their methodology is not wellresearched, statistical data for the Central and East European countries are scarce and not always reliable and, generally, quantitative approach seems to be a risky and uncertain business. All these all problems can also be seen as a challenge rather than an obstacle. With this on mind, we have decided to clarify the status quo by organising a research seminar which focused on the methodology and quantitative analysis of the Central and East European transition and pre-accession processes. The seminar, East European Transition and EU Enlargement: a Quantitative Approach organised by Macroeconomic and Financial Data Centre (University of Gdansk and University ofLeicester) took place in Gdansk in June 2001. Our edited volume contains papers developed from this seminar.

• Central and Eastern Europe
• EU Enlargement
• EU accession
• Eastern Europe
• Europe
• European Integration
• European Union
• European Union (EU)
• Simulation
• Transition Economics

• Department of Economics, The University of Leicester, Leicester, UK

  Wojciech W. Charemza

• Department of Econometrics, University of Gdańsk, Sopot, Poland

  Krystyna Strzała

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