| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP772 |
| DP772 Factors and Effects of Trade Reorientation in Hungary | |
| László Halpern | |
| 发表日期 | 1993-03-31 |
| 出版年 | 1993 |
| 语种 | 英语 |
| 摘要 | The collapse of the CMEA completed the Hungarian trade reorientation during the second half of the 1980s. Panel model estimations of trade reorientation reveal that cost efficiency, export subsidy and foreign demand played important and varying roles between 1981 and 1990. During the last two years cost efficiency ceased to exert an influence on the process, and subsidies were active instead.In 1991 the recession and the increased costs of trade reorientation led to a fall in the profitability of the corporate sector and exporting firms. Exporting firms with fast-growing exports had larger profits and they managed to combine the growth of exports with the expansion of domestic sales. Foreign capital and the new corporate forms have not yet ensured better performance. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Hungary Panel model Profit Trade reorientation |
| URL | https://cepr.org/publications/dp772 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529924 |
| 推荐引用方式 GB/T 7714 | László Halpern. DP772 Factors and Effects of Trade Reorientation in Hungary. 1993. |
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