This paper presents the specificities of Hungarian foreign trading firms from different perspectives, like concentration, efficiency and sectoral structure. Hungarian trade is highly concentrated similarly to other countries. Trading firms are more efficient than their non-trading peers,...

In this paper, we perform an extensive Monte Carlo study of the finite sample properties of different estimators for panel data sample selection models. The estimators investigated are various two-step estimators and maximum likelihood estimators with simultaneous equations for the samle...

This paper combines some of the most realistic components of the competitive and strategic trade literature to examine both socially and individually optimal domestic input policies in free trade areas (FTAs). When asymmetries in the number of firms, in the number of consumers, or in production...

Focusing more on the evolution of the Romanian external trade and FDI inflows after 2007 - the year of Romania's EU integration - the paper provides insights in the trade and FDI inflows determinants in the context of the convergence process and also in relation to the financial global crisis....

A framework based on product differentiation and limited output capacity is established as a foundation for modelling Norwegian exports of primary metals: Producers of metals are exposed to economic cycles, which lead to changes in the capacity utilisation. When output capacity is available, the...

In our paper entitled Tendencies of the Trade Concentration” published in 2005 we analysed the global tendencies of the concentration as well as the trade of the European Union and the United States. In our present paper we analyse the concentration of the Hungarian trade, its fields of action...

Concentration is a general tendency, which led to strengthening the position of commerce all over the world. One of the consequences are the intensified conflicts between the large- and small-scale production deriving from the differences in volume, selection, quality and price as well as in...

Az UNIDO nemzetközi fejlesztési szervezet szerint az eladó-vevõi kapcsolatok jellemzõen két okból bomlanak fel: 1) az eladó (termelõ) nem kellõen informált a vásárló igényeirõl, 2) az eladó (termelõ) nem képes teljesíteni ezeket az igényeket. Ennek az elvnek megfelelõen a...

This paper presents the specificities of Hungarian foreign trading firms from different perspectives, like concentration, efficiency and sectoral structure. Hungarian trade is highly concentrated similarly to other countries. Trading firms are more efficient than their non-trading peers,...

Global Value Chains play an increasing role in production and export in modern economies. Being part of such global chains can fundamentally affect the performance of a firm, a country, or an industry. In this study, we analyze the production and export of intermediate products and capital goods...