Rising unit values of Central and Eastern European exports: Rising quality in transition?
|Author(s):|| doc. Petr Janský Ph.D., |
|Type:||Articles in refereed journals|
|ISSN / ISBN:|
|Published in:||International Journal of Economic Policy in Emerging Economies|
|Keywords:||international trade; exports; product quality; unit values; competitiveness; transition; Central and Eastern Europe; European Union.|
|Grants:||IES Research Framework Institutional task (2005-2011) Integration of the Czech economy into European union and its development|
|Abstract:||This paper observes rising unit values, prices per kilogram, of
Central and Eastern European exports and argues that it is an evidence of actual
rising product quality during the transition period. We arrive at this conclusion
by applying a number of methods on a best available dataset for the ten
countries from 1995 to 2005. On this dataset we also apply two new methods
to assess within-product sophistication and both support the results. We further
apply methods for estimation of across-product sophistication, which have
never been used in this context before and these reinforce our main results.