Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/83611 
Year of Publication: 
2011
Series/Report no.: 
MNB Working Papers No. 2011/12
Publisher: 
Magyar Nemzeti Bank, Budapest
Abstract: 
This paper relates firm level input changes and productivity to aggregate growth of the Hungarian economy for the period 1992 to 2008. The decomposition includes manufacturing, services, agriculture and construction. Results suggest that the role of firm productivity in growth was not stable over time. It played important role in early transition and in the pre-crisis period. Inputs show an initially positive then, after 2001, decreasing contribution to growth. At the same time input reallocation shows a decreasing trend in Hungary.
Subjects: 
growth decomposition
productivity
reallocation
firm level data
JEL: 
O47
D24
L25
Document Type: 
Working Paper

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