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...

MOL Plc as a national champion does not simply take part in the implementation of the state's decisions but the company's cooperation is needed in realizing the economic, political and social considerations of the authorities. Therefore the company is provided with special preferential...

MOL Plc as a national champion does not simply take part in the implementation of the state's decisions but the company's cooperation is needed in realizing the economic, political and social considerations of the authorities. Therefore the company is provided with special preferential...

We apply the set up of limited commitment model to empirically test the role of informal risk-sharing networks using panel data on informal credit transactions from rural Ethiopia. The empirical estimates provide convincing evidence for the belief that enforcement problem limits the direct role...

Privatization in Estonia has produced varied ownership configurations. This enables hypotheses on the productivity effects of different ownership forms to be tested. Findings are based on fixed effects production function models and are estimated using a large, random sample of firms. Depending...

In the last decade the ownership structure of Australia's life insurance industry has undergone a fundamental change. Traditionally, the sector had been dominated by a group of large mutual associations which had historically been the market leaders. In the space of less than a decade, this form...

We start out from the hypothesis that limited government leads to low uncertainty and low transaction costs. If political institutions affect the degree of uncertainty and transaction costs, we formally show they should affect the steady state level of income per capita. The impact of...

A tanulmányban bemutatott takarmányárak és a pulykahús-előállítás jövedelme közötti rendkívül szoros kapcsolat elgondolkodtató, mert a takarmány – mint a legfontosabb inputtényező – árának változása vállalatcsoportok átrendeződését eredményezheti.A takarmányárak...