Kátay, Gábor (contributor); Wolf, Zoltán (contributor) - 2008
utilization proxy. Based on a large panel of Hungarian manufacturing firms, we decompose value added growth to input factor …, capacity utilization and estimated TFP growth contributions. We find that using an hours worked proxy, the variance of the … growth mostly in periods when/after institutional reforms, privatization or FDI inflow took place and lost its importance …