This paper analyzes the driving factors of growth of quantities and prices of the new products for Hungarian firms between 2001 and 2016. It investigates how price levels are correlated with firm and market characteristics, and the time path of the share of new products. Larger and more...

We use Hungarian Customs data on product-level imports and exports of manufacturing firms to document that the import price of a particular product varies substantially across buying firms. Importantly, we can relate the level of import prices to firm characteristics such as size, foreign...