Arbeitspapier

Labour Adjustment and Efficiency in Hungary

Transition from socialist to market economy brought drastic changes to the Hungarian labour market. Employment fell by 1.6 million, i.e., by more than 25% during the early transition period, while unemployment jumped from practically nil to over 14% within four years. The rapid economic growth of the recent years could only create relatively few jobs, even though the unemployment rate continuously declined, and is less than 6% since 2001. This paper describes labour adjustment after the transitional recession, and its relationship to corporate efficiency during the recovery period, based on a panel of medium-sized and large Hungarian firms. Labour demand is also related to firm level productive efficiency.

Sprache
Englisch

Erschienen in
Series: Budapest Working Papers on the Labour Market ; No. BWP - 2002/4

Klassifikation
Wirtschaft
Labor Demand
Firm Behavior: Theory
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Thema
labour demand
productive efficiency
firm in transition economy

Ereignis
Geistige Schöpfung
(wer)
Korosi, Gabor
Ereignis
Veröffentlichung
(wer)
Hungarian Academy of Sciences, Institute of Economics, Labour Research Department
(wo)
Budapest
(wann)
2002

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Korosi, Gabor
  • Hungarian Academy of Sciences, Institute of Economics, Labour Research Department

Entstanden

  • 2002

Ähnliche Objekte (12)