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Mark-ups in the Hungarian Corporate Sector

Author

Listed:
  • Laszlo Halpern
  • Gabor Korost

Abstract

One of the major tasks facing a transition economy is to create the competitive environment of a properly functioning market economy. This paper attempts to analyze the relationship of market structure, market imperfections and corporate performance by mark-up pricing. There is clear evidence for the existence of such market imperfections. However, these imperfections cannot be attributed to one single factor. We develop a varying coefficient model for the relationship between the factors facilitating rent-collection and the sectoral mark-ups.

Suggested Citation

  • Laszlo Halpern & Gabor Korost, 2001. "Mark-ups in the Hungarian Corporate Sector," William Davidson Institute Working Papers Series 411, William Davidson Institute at the University of Michigan.
    • Handle: RePEc:wdi:papers:2001-411
    as

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    File URL: http://deepblue.lib.umich.edu/bitstream/2027.42/39795/3/wp411.pdf
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    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Jérôme Sgard, 2001. "Direct Foreign Investments and Productivity Growth in Hungarian Firms, 1992-1999," Working Papers 2001-19, CEPII research center.
    2. Major, Iván, 2002. "Miért (nem) sikeresek a magyar középvállalatok? [Why do (or do not) medium-sized Hungarian firms succeed?]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 993-1014.
    3. repec:spo:wpecon:info:hdl:2441/6926 is not listed on IDEAS
    4. repec:hal:spmain:info:hdl:2441/6926 is not listed on IDEAS
    5. Jérôme Sgard, 2001. "Direct Foreign Investments and Productivity Growth in Hungarian Firms, 1992-1999," Working Papers hal-01065013, HAL.
    6. repec:hal:wpspec:info:hdl:2441/6926 is not listed on IDEAS
    7. Rumen Dobrinsky & Gabor Korosi & Nikolay Markov & Laszlo Halpern, 2004. "Firms’ Price Markups and Returns to Scale in Imperfect Markets - Bulgaria and Hungary," CERS-IE WORKING PAPERS 0412, Institute of Economics, Centre for Economic and Regional Studies.
    8. repec:spo:wpmain:info:hdl:2441/6926 is not listed on IDEAS
    9. Jérôme Sgard, 2001. "Direct Foreign Investments And Productivity Growth In Hungarian Firms, 1992-1999," William Davidson Institute Working Papers Series 425, William Davidson Institute at the University of Michigan.
    10. Rumen Dobrinsky & Boyko Nikolov & Nikolay Markov, 2001. "Mark-Up Pricing in Bulgarian Manufacturing," William Davidson Institute Working Papers Series 389, William Davidson Institute at the University of Michigan.

    More about this item

    Keywords

    firms in transition economy; market imperfections; mark-up pricing;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

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