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Integration of CEECs into EU Market: Structural Change and Convergence *
Author(s) -
CRESPO NUNO,
FONTOURA MARIA PAULA
Publication year - 2007
Publication title -
jcms: journal of common market studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.54
H-Index - 90
eISSN - 1468-5965
pISSN - 0021-9886
DOI - 10.1111/j.1468-5965.2007.00726.x
Subject(s) - restructuring , relocation , convergence (economics) , european union , economic system , business , international economics , transformation (genetics) , quality (philosophy) , economic geography , international trade , economics , economic growth , biochemistry , chemistry , philosophy , finance , epistemology , computer science , gene , programming language
The central and eastern European countries (CEECs) have gone through a dramatic process of industrial restructuring in which the Europe Agreements have played a major role. Using detailed statistics, we analyse the transformation of CEECs' export structures and whether it led to structural convergence with the remaining EU members. We also analyse structural transformation within sectors in terms of quality ranges. The results show that, in general terms, CEECs have converged both at inter‐ and intra‐sectoral levels towards pre‐existing European Union (EU) members. We discuss whether further restructuring and relocation of CEECs' industrial patterns are probable in the aftermath of EU membership.