Several decades of market opening has become a characteristic of network industries. Its main hindrances and aids has come into sight during this period. There is a need now to evaluate the process of market opening and to assess the steps to be taken. Market opening is usually measured by...

Several decades of market opening has become a characteristic of network industries. Its main hindrances and aids has come into sight during this period. There is a need now to evaluate the process of market opening and to assess the steps to be taken. Market opening is usually measured by...

In some cases spot markets failure to govern to whole or a part of the marketing channel effectively and contractual relations are gaining more importance. It is especially true in case of agricultural markets, since these markets became more differentiated and market players are vulnerable in...

In this paper, the authors study the changes in liquidity following the introduction of a new electronic limit order market when, prior to its introduction, trading is centralized in a single limit order market. They also study how automation of routing decisions and trading fees affect the...

The article uses continuous wavelet analysis for the study of certain export-import time series. It is a novel methodology, with the promise, inter alia, to detect features of processes that may remain hidden for traditional methodologies. The application of wavelets has been rapidly increasing...

Statistical data display a high level of sectorial and geographical concentration in the exports of three Central European new member states of the European Union: the Czech Republic, Hungary and Slovakia. All the three export huge quantities of the products of certain sectors of engineering...

The article analyzes the requirement recently formulated by different parties of the accession process: the candidate countries should raise their wage level close to the average of the EU even before they join the union. The authors show that wage convergence, defined this way, has no...

Magyarország 20 éve, 2004 óta az Európai Unió tagja. Az elmúlt húsz évben az ország gazdasági fejlettsége számottevően közeledett az EU27 átlagához, ugyanakkor az unió keleti kibővítés keretében csatlakozott országok (peer országok) többségéhez képest romlott a...

Using entropy indices and associated bootstrap tests, we describe the distribution of economic sectors across Western European regions over the 1975-2000 period. We decompose geographic concentration into its within-country and between-country components. In addition, we estimate centre...

Hungarian Abstract: A humanitárius problémaként induló menekültválság mára Európa-szerte biztonságpolitikai kérdéssé alakult. A migrációs válságot egy sor populista politikai hang nemcsak az egyes országok létét fenyegető, de az egész kontinenst és az Európai Unió...