This article presents growth accounting results for 11 EU countries from Central and Eastern Europe for the years 1996-2016. Its contributions include the estimation of new capital stock series and adjustment for the utilisation of capital stock. Before the crisis, growth in total factor productivity (TFP) was the main contributor to output growth in Slovenia, Hungary and Slovakia, while capital deepening was more important in the Czech Republic, Croatia and Poland. During the global financial crisis the contributions of TFP and capital growth differed markedly across the countries, reflecting the very diverse dynamics of the crisis. After the crisis the contribution of TFP growth has been negligible in all of the sample countries coinciding with generally weak output growth. The results are generally robust to changes in estimation methods and parametrisations, but some assumptions regarding the construction of the capital stock series are critical for the results.

The Russian government banned in August 2014 imports of different food and agricultural products from the European Union as a countermeasure to sanctions introduced by the EU and several other countries after Russia's actions in Ukraine and the annexation of Crimea. This paper assesses the effect of Russia's counter-sanctions on the economies of the Baltic states using different statistics sources and an international input-output model, while taking into account possible data problems in international trade data due to re-exports. The amount of trade affected by Russia's counter-sanctions varies across the Baltic states. In 2013, the exports of goods affected amounted to 2.6% of GDP in Lithuania, 0.4% of GDP in Estonia, and 0.3% of GDP in Latvia, but re-exports are included in these numbers. The overall impact of the sanctions on GDP once intra-EU supply chains are taken into account is below 0.5% of GDP in all the Baltic states.

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