-- catching up ; real convergence ; Red Queen Paradox ; Jánossy's growth theory ; long-term growth ; productivity …

In this paper we investigate the relationship between productivity growth and firm dynamics using firm-level data … between 1992 and 2006. Theories emphasising firm-level heterogeneity show that industry-level productivity may not only … was the main factor behind industry-level productivity growth in Hungary in this period, but creative destruction also …

In this paper we investigate the relationship between productivity growth and firm dynamics using firm-level data … between 1992 and 2006. Theories emphasising firm-level heterogeneity show that industry-level productivity may not only … was the main factor behind industry-level productivity growth in Hungary in this period, but creative destruction also …

(losses) on the change in the components of real domestic expenditure, as well as on real income convergence within the EU … particular, household final consumption - and the income-effect of ToT-changes. Since several new member states of the EU … indicated by per capita GPP within the EU. Hungary's convergence is well below its potential in both respects, but the lag …

(losses) on the change in the components of real domestic expenditure, as well as on real income convergence within the EU … particular, household final consumption - and the income-effect of ToT-changes. Since several new member states of the EU … indicated by per capita GPP within the EU. Hungary's convergence is well below its potential in both respects, but the lag …

production and export of intermediate products and capital goods by Hungarian manufacturing firms, using firm-level production …