Industrial restructuring in CEE regions: determinants of regional growth in the accession and in the crisis period

After the fall of the Iron Curtain, intense processes of industrial reconversion occurred in Central and Eastern European (CEE) countries. Adopting a territorial perspective, the aim of this paper is to assess the impact of industrial restructuring on the economic growth of CEE regions, classified according to the typology of the industrial reconversion that occurred. Results point out that those areas able to reconvert their productive specialization to both new sectors and higher value functions achieved the best economic performance. These findings provide interesting insights on the past mechanisms of growth in CEE countries and they convey relevant policy implications for their future industrial strategies.