Naslov
Determinants of Deindustrialisation in Developed European and Post-Communist Countries

Autori
Beg, Marija ; Basarac Sertić, Martina ; Družić Ivo

Izvornik
Montenegrin journal of economics (1800-5845) 13 (2017), 2; 93-106

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
deindustrialisation ; European Union countries ; sectoral labour productivity ; panel data models

Sažetak
The main goal of this paper is to shed some light on the pro-cess of deindustrialisation defined as falling share of industry employment in total employment. Estimating the dynamic panel data models, the paper investigates differences in changes in the structure of the economy during the process of deindustrialisation in 26 European Union member states (15 developed and 10 post-communist economies) during the period between 1995 and 2012. The paper highlights the standard or “natural” and transition forms of deindustrialisation. In our analysis, we use a one-step system generalized method of moments estimator with robust standard errors, and in contrast to our expectations, the obtained result did not support the initial hypothesis that deindustrialisation in post-communist economies is characterized by factors crucially different from those in developed European countries.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

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