Acta Oeconomica
Volume/Issue:
Volume 69: Issue S2
The Specialties of the Pharmaceutical Value Chains in Hungary
Authors:
Katalin Antalóczy Professor at the Foreign Trade Department of the Budapest Business School.

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Tamás Gáspár Researcher at the Foreign Trade Department of the Budapest Business School.

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Magdolna Sass Corresponding author. Researcher at the Budapest Business School and Centre for Economic and Regional Studies, Budapest, Hungary.

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Pages:
41–72
Online Publication Date:
Dec 2019
Publication Date:
01 Dec 2019
Article Category:
Journal Article
DOI:
https://doi.org/10.1556/032.2019.69.s2.3
Open access

The length, the composition, the quality and the characteristics of value chains essentially determine the corporate as well as the macroeconomic performance of the economic sectors and industries. Hungary has a strong tradition in the pharmaceutical industry but its dynamising impact seems to be limited on the economy. The aim of this paper is to detect and reveal the specialties of the Hungarian pharmaceutical industry both in space and time by a value chain analysis. Our method is partly quantitative, we use an input-output analysis; and partly qualitative, relying on interviews with the representatives of pharmaceutical companies. We found that the Hungarian pharma value chain is really special, having relatively short backward and forward linkages with mainly indirect value-added contribution as well as high import content of exports. However, our company interviews revealed the fundamental differences between original and generic value chains – i.e. again a pharma industry-specific distinction. Having relatively little original and more substantial generic production in Hungary explains much of the value chain specialties, which leaves its mark on the limited impact of the industry on the national economy.

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Cover Acta Oeconomica
Acta Oeconomica Periodical of the Hungarian Academy of Sciences
Print ISSN:
0001-6373
Online ISSN:
1588-2659
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Senior editors

Editor(s)-in-Chief: Prof. Dr. Mihályi, Péter

Editor(s): Ványai, Judit

Editorial Board

  • Ádám Török (Chairman) / University of Pannonia; Budapest University of Technology and Economics
  • Edina Berlinger / Corvinus University of Budapest, Department of Finance
  • Beáta Farkas / Faculty of Economics and Business Administration, University of Szeged
  • Péter Halmai / Budapest University of Technology and Economics; National University of Public Service
  • István Kónya / Institute of Economics Centre for Regional and Economic Studies, University of Pécs
  • János Köllő / Institute of Economics Centre for Regional and Economic Studies
  • István Magas / Corvinus University of Budapest, Department of World Economy; University of Physical Education, Department. of Sports and Decision Sciences
 

Advisory Board

  • Ǻslund, Anders, Institute of International Economics, Washington (USA)
  • Kolodko, Grzegorz, Kozminski University, Warsaw (Poland)
  • Mau, Vladimir, Academy of National Economy (Russia)
  • Messerlin, Patrick A, Groupe d’Economie Mondiale (France)
  • Saul Estrin, London School of Economics (UK)
  • Wagener, Hans-Jürgen, Europa Universität Viadrina (Germany)

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

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2022  
Web of Science  
Total Cites
WoS		 314
Journal Impact Factor 0.8
Rank by Impact Factor

Economics 334/380
TBA
Impact Factor
without
Journal Self Cites		 0.6
5 Year
Impact Factor		 0.8
Journal Citation Indicator 0.29
Rank by Journal Citation Indicator

Economics 421/581

 
Scimago  
Scimago
H-index		 18
Scimago
Journal Rank		 0.23
Scimago Quartile Score

Economics and Econometrics Q3
Scopus  
Scopus
Cite Score		 1.1
Scopus
CIte Score Rank		 Economics and Econometrics 521/705 (26th PCTL)
TBA
Scopus
SNIP		 0.540

2021  
Web of Science  
Total Cites
WoS		 285
Journal Impact Factor 0,939
Rank by Impact Factor Economics 326/379
Impact Factor
without
Journal Self Cites		 0,646
5 Year
Impact Factor		 0,740
Journal Citation Indicator 0,34
Rank by Journal Citation Indicator Economics 389/570
Scimago  
Scimago
H-index		 15
Scimago
Journal Rank		 0,285
Scimago Quartile Score Economics and Econometrics (Q3)
Scopus  
Scopus
Cite Score		 1,4
Scopus
CIte Score Rank		 Economics and Econometrics 436/696 (Q3)
Scopus
SNIP		 0,507

2020  
Total Cites 275
WoS
Journal
Impact Factor		 0,875
Rank by Economics 325/377 (Q4)
Impact Factor  
Impact Factor 0,534
without
Journal Self Cites
5 Year 0,500
Impact Factor
Journal  0,38
Citation Indicator  
Rank by Journal  Economics 347/549 (Q3)
Citation Indicator   
Citable 37
Items
Total 37
Articles
Total 0
Reviews
Scimago 13
H-index
Scimago 0,292
Journal Rank
Scimago Economics and Econometrics Q3
Quartile Score  
Scopus 225/166=1,4
Scite Score  
Scopus Economics and Econometrics 392/661 (Q3)
Scite Score Rank  
Scopus 0,668
SNIP  
Days from  289
submission  
to acceptance  
Days from  447
acceptance  
to publication  

2019  
Total Cites
WoS		 212
Impact Factor 0,914
Impact Factor
without
Journal Self Cites		 0,728
5 Year
Impact Factor		 0,650
Immediacy
Index		 0,156
Citable
Items		 45
Total
Articles		 45
Total
Reviews		 0
Cited
Half-Life		 3,9
Citing
Half-Life		 9,5
Eigenfactor
Score		 0,00015
Article Influence
Score		 0,052
% Articles
in
Citable Items		 100,00
Normalized
Eigenfactor		 0,01891
Average
IF
Percentile		 28,437
Scimago
H-index		 12
Scimago
Journal Rank		 0,439
Scopus
Scite Score		 214/165=1,3
Scopus
Scite Score Rank		 Economics and Econometrics 355/637 (Q3)
Scopus
SNIP		 0,989

 

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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)

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