Hungary's Competitiveness in an International Comparison - A Supply-side Approach

M. Losoncz

doi:10.1556/aoecon.54.2004.2.4

Jump to Content

Acta Oeconomica

Volume/Issue:: Volume 54: Issue 2

Hungary's Competitiveness in an International Comparison - A Supply-side Approach

Author:

M. Losoncz

M. Losoncz GKI Economic Research Co H-1052 Budapest, Gerlóczy u. 11, Hungary

Search for other papers by M. Losoncz in
Current site
Google Scholar
PubMed

View More View Less

Pages:: 201–226

Online Publication Date:: 22 Jul 2005

Publication Date:: 01 Aug 2004

Article Category:: Journal Article

DOI:: https://doi.org/10.1556/aoecon.54.2004.2.4

Keywords:: transition; transition; FDI; economic growth; competitiveness; labour productivity; industrial productivity; exchange rates; nominal and real appreciation; labour costs; purchasing-power parity; Balassa-Samuelson effect

Restricted access

Purchase article

USD $30.00

1 year subscription (Individual Only)

USD $700.00

USD $30.00

Click here to view the full Terms and Conditions

USD $700.00

Click here to view the full Terms and Conditions

The paper analyses Hungary's competitiveness in international comparison by focusing on the supply-side factors determining competitiveness. Although it attaches outstanding importance to the business-friendly general economic environment mainly in terms of the transition to the market economy and attracting foreign direct investments, the interrelationship among labour productivity, labour costs and nominal and real exchange rates are in its focal point. Its main conclusion is that it is labour productivity which determines international competitiveness in the long run. However, appropriate economic-policy measures are required to prevent the erosion of relative international competitiveness by increasing labour costs and the real appreciation of the national currency.

Save
Cite
Email this content

Share Link

Copy this link, or click below to email it to a friend
Email this content
or copy the link directly:

https://akjournals.com/abstract/journals/032/54/2/article-p201.xml
The link was not copied. Your current browser may not support copying via this button.

Link copied successfully

Collapse
Expand

Acta Oeconomica Periodical of the Hungarian Academy of Sciences

Print ISSN:: 0001-6373

Online ISSN:: 1588-2659

Associate Editors

Péter Benczúr, Joint Joint Research Center, European Commission
Dóra Benedek, International Monetary Fund
Balázs Égert, OECD
Dániel Prinz, World Bank
Rok Spruk, University of Ljubljana, School of Economics and Business, Slovenia

Editorial Board

Anders Åslund, Georgetown University and Advisory Council of CASE, USA
István Benczes, Corvinus University of Budapest, Hungary
Agnieszka Chłoń-Domińczak, SGH Warsaw School of Economics, Poland
Fabrizio Coricelli, University of Siena, Italy
László Csaba, Corvinus University of Budapest, Hungary and Central European University, Austria
Beáta Farkas, Faculty of Economics and Business Administration, University of Szeged, Hungary
Péter Halmai, Budapest University of Technology and Economics, and National University of Public Service, Hungary
Martin Kahanec, Central European University, Austria
David Kemme, University of Memphis, USA
Michael Landesmann, The Vienna Institute for International Economic Studies (WIIW), Austria
Péter Mihályi, Corvinus University of Budapest, Hungary
Debora Revoltella, European Investment Bank

Corvinus University of Budapest
Department of Economics
Fővám tér 8 Budapest, H-1093, Hungary
E-mail: judit.kalman@uni-corvinus.hu

Indexing and Abstracting Services:

CABELLS Journalytics
EconLit
Elsevier GEO Abstracts
GEOBASE
Index Copernicus
International Bibliographies IBZ and IBR
JEL
Referativnyi Zhurnal
RePEc
SCOPUS
Social Science Citation Index

2024
Scopus
CiteScore
CiteScore rank
SNIP
Scimago
SJR index	0.201
SJR Q rank	Q3

2023
Web of Science
Journal Impact Factor	0.7
Rank by Impact Factor	Q3 (Economics)
Journal Citation Indicator	0.23
Scopus
CiteScore	1.4
CiteScore rank	Q3 (Economics and Econometrics)
SNIP	0.385
Scimago
SJR index	0.218
SJR Q rank	Q4

Acta Oeconomica
Publication Model	Hybrid
Submission Fee	none
Article Processing Charge	900 EUR/article
Printed Color Illustrations	40 EUR (or 10 000 HUF) + VAT / piece
Regional discounts on country of the funding agency	World Bank Lower-middle-income economies: 50% World Bank Low-income economies: 100%
Further Discounts	Editorial Board / Advisory Board members: 50% Corresponding authors, affiliated to an EISZ member institution subscribing to the journal package of Akadémiai Kiadó: 100%
Subscription fee 2025	Online subsscription: 700 EUR / 768 USD Print + online subscription: 820 EUR / 900 USD
Subscription Information	Online subscribers are entitled access to all back issues published by Akadémiai Kiadó for each title for the duration of the subscription, as well as Online First content for the subscribed content.
Purchase per Title	Individual articles are sold on the displayed price.

Acta Oeconomica
Language	English
Size	B5
Year of Foundation	1966
Volumes per Year	1
Issues per Year	4
Founder	Magyar Tudományos Akadémia
Founder's Address	H-1051 Budapest, Hungary, Széchenyi István tér 9.
Publisher	Akadémiai Kiadó
Publisher's Address	H-1117 Budapest, Hungary 1516 Budapest, PO Box 245.
Responsible Publisher	Chief Executive Officer, Akadémiai Kiadó
ISSN	0001-6373 (Print)
ISSN	1588-2659 (Online)