Efficiency and Market Share in Hungarian Corporate Sector

Arbeitspapier

This paper investigates the link between competition and efficiency for the Hungarian corporate sector during various phases of the transition process. We employ frontier production functions to explore differences among groups of firms, and to identify the typical adjustment process of each group separately throughout the transition period until 1997. The estimated production functions indicate a gradual improvement in efficiency and a shift from decreasing to increasing returns to scale due to the growing share of small firms. Market share can be explained by domestic and foreign competition and by the efficiency of the firm.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: KTK/IE Discussion Papers ; No. 2000/9

Classification and Topics

• Classification: Wirtschaft ; Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models ; Firm Behavior: Theory ; Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
• Subject: firm in transition economy ; production functions ; efficiency

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Korosi, Gabor ; Halpern, Laszlo
• Event: Veröffentlichung
• (who): Hungarian Academy of Sciences, Institute of Economics
• (where): Budapest
• (when): 2000

Further information

• Handle: http://hdl.handle.net/10419/108022
• Last update: 10.03.2025, 11:45 AM CET