Kvedaras, Virmantas - In: Baltic Journal of Economics 5 (2005) 2, pp. 48-65
This paper presents a balance-of-payments (BOP) constrained growth analysis of the long-run growth process in the Central and Eastern European (CEE) countries during the recovery period of transition (1995-2004). The paper tests the BOP-constrained growth model, based on the specification of a...