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A coase-kép másképp: Coase és a közszolgáltatások

Pál, Valentiny - 2018

Thinking about Ronald Coase, economists generally refer to transaction and social costs, to the importance of property rights and institutions or to the Coase-theorem. Examine his work more closely, a common feature takes shape behind these ideas, the public utilities. The constant and detailed...

Persistent link: https://www.econbiz.de/10012290254

Energy services at local and national level in the transition period in Hungary

Valentiny, Pál - 2008

Energy industries are mainly organised at national level in Hungary, however local governments have their specific role in the system. Local governments have been major performers in the first period of the transition process: they were entitled to receive 25 per cent of the shares in electric...

Persistent link: https://www.econbiz.de/10010494369

Piacnyitás a hálózatos szolgáltatásoknál

Valentiny, Pál - 2010

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...

Persistent link: https://www.econbiz.de/10010494442

Political Selection of Firms into Privatization Programs - Evidence from Romanian Comprehensive Data

Szentpéteri, Ádám; Telegdy, Álmos - 2008

Exploiting a unique institutional feature of the early Romanian privatization setup, when a group of firms was explicitly barred from any privatization, we test how politicians select firms into privatization programs. Using a comprehensive dataset that includes all firms inherited from...

Persistent link: https://www.econbiz.de/10010494385

Political Selection of Firms into Privatization Programs. Evidence from Romanian Comprehensive Data

Szentpéteri, Ádám; Telegdy, Álmos - 2009

Exploiting a unique institutional feature of the early Romanian privatization setup, when a group of firms was explicitly barred from any privatization, we test how politicians select firms into privatization. Using comprehensive data that includes all firms inherited from socialism, we estimate...

Persistent link: https://www.econbiz.de/10010494403

Political Objectives and Privatization Decisions - Selection of Firms into Privatization or Long-Term State Ownership in Romania

Szentpéteri, Ádám; Telegdy, Álmos - 2009

With the help of a peculiar institutional feature of early Romanian privatization, when a group of firms was explicitly banned to become private, we test which factors contributed to the selection of firms into long-term state ownership. We find that politicians sheltered large and inefficient...

Persistent link: https://www.econbiz.de/10010494411

Does one more or one less mobile operator affect prices? A comprehensive ex-post evaluation of entries and mergers in European mobile telecommunication markets

Csorba, Gergely; Pápai, Zoltán - 2015

This paper estimates the impact of entries and mergers on the price of mobile voice services in a panel database of 27 … lead to misleading conclusions. We find no robust evidence that entry has a price-decreasing effect on markets with … originally 2 operators. However, the entry of a 4th operator does have a price-decreasing effect, but with different dynamics …

Persistent link: https://www.econbiz.de/10011444415

Markup and productivity of exporters and importers

Hornok, Cecília; Muraközy, Balázs - 2015

This paper studies the relationship between firm markups and importing intermediate inputs and exporting using detailed firm-level data from Hungary in 1995-2003. We estimate production functions structurally to obtain firm-year-level productivity and markup estimates. We find that importing...

Persistent link: https://www.econbiz.de/10011444425

Do Prices Reflect Costs? A study of the price- and cost structure of retail payment services in the Swedish banking sector 2002

Guibourg, Gabriela; Segendorf, Björn - 2004

extent the price structure reflects the estimated cost structure. We find that (i) banks tend to use two-part tariffs but (ii …

Persistent link: https://www.econbiz.de/10010321254

Micro Foundations of Macroeconomic Price Adjustment: Survey Evidence from Swedish Firms

Apel, Mikael; Friberg, Richard; Hallsten, Kerstin - 2001

This paper reports the results from a survey on price-setting behavior of a large random sample of Swedish firms …. Prices are found to adjust only infrequently; the median firm adjusts the price once a year. State-dependent pricing is found … research, four of the theories of price rigidity are ranked by the respondents among the top-five places in all three studies. …

Persistent link: https://www.econbiz.de/10010321343