The article investigates the investment and financial constraints for French, Hungarian and Slovenian farms using FADN panel data with different econometric estimation approaches. Farm gross investment is positively associated with real sales growth and cash flow implying the absence of soft...

Highlights: - The European Union growth agenda has become even more pressing because growth is needed to support public and private sector deleveraging, reduce the fragility of the banking sector, counter the falling behind of southern European countries and prove that Europe is still a...

We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially stateowned manufacturing firms in four economies. Controlling for firm and industry-year fixed effects and employing a wide variety of measurement approaches, we...

Urban regions are the most favoured geographical knots of the economic power and growth, and of the Hungarian social transformation as well. In 2003 the Hungarian Central Statistical Office surveyed the processes of agglomeration and modified the previous demarcation of the clusters of...

Migration is, in fact, regional mobility, movement from one geographical region to an other one. Various considerations suppose, there was a switch between unemployment and foreign labour, people in disadvantages labour market position or those who became unemployed search for foreign labour...

In our paper entitled Tendencies of the Trade Concentration” published in 2005 we analysed the global tendencies of the concentration as well as the trade of the European Union and the United States. In our present paper we analyse the concentration of the Hungarian trade, its fields of action...

The partial privatization of the US Social Security system was clearly the top economic policy priority for the new Bush administration. While many famous economists, publicists and politicians support, others reject the partial privatization of the Social Security system. The international...

Firms cluster their economic activities to exploit technological and informational spillovers from other firms. Spillovers through the entry of multinational firms can be particularly beneficial to domestic firms because of their technological superiority. Yet, the importance of foreign firm's...

The aim of our study is to spell out and analyse the possibilities of data access, focusing on data that are used as an input of scientific research. We give a brief overview of the current legal background in Hungary. Based on normative economic analysis, we outline the main features of an...

The paper investigates the role of the minimum wage in a competi- tive economy in which there is underreporting of earnings by employed labour. The minimum wage induces higher compliance by some low- productivity workers and transforms a nominally neutral .scal system into a regressive one. A...