TY - JOUR AU - Vakhal, Péter TI - A magyar kkv-szektor térbeli szerkezetének vizsgálata irányított statisztikai eszközök segítségével JF - KÜLGAZDASÁG J2 - KÜLGAZDASÁG VL - 67 PY - 2023 IS - 7-8 SP - 3 EP - 36 PG - 34 SN - 0324-4202 DO - 10.47630/KULG.2023.67.7-8.3 UR - https://m2.mtmt.hu/api/publication/34144244 ID - 34144244 LA - Hungarian DB - MTMT ER - TY - JOUR AU - Koppány, Krisztián AU - Vakhal, Péter AU - Pusztai, Pál TI - Hungary's inflationary exposures to global price movements JF - SOCIETY AND ECONOMY J2 - SOC ECON VL - 45 PY - 2023 IS - 3 SP - 186 EP - 207 PG - 22 SN - 1588-9726 DO - 10.1556/204.2023.00015 UR - https://m2.mtmt.hu/api/publication/34118560 ID - 34118560 AB - This paper investigates Hungary's inflationary exposures to global price movements using a simple cost-push input-output price model and a database of inflation-to-output price elasticities (Global Inflation-to-Output Price Elasticity Database, GIOPED) developed on the basis of the OECD's Inter-Country Input-Output Tables. Inflation elasticities are decomposed into local, simple, and complex global value chain effects by applying Wang's decomposition scheme (Wang et al. 2017) to price movements and inflation. Our empirical analysis based on GIOPED elasticities shows that Hungary is highly exposed to global value chain price transmissions originating in Germany, Austria, and Russia; and in particular to changes in energy prices. The crude oil and natural gas price boom and the resulting energy crises caused a significant increase in consumer price levels in Hungary; however, this explains only a fraction of current inflation rates. LA - English DB - MTMT ER - TY - DATA AU - Koppány, Krisztián AU - Pusztai, Pál AU - Vakhal, Péter TI - GIOPED_1995_2000_2005_2008_2010_2015. figshare. Dataset.. Global Inflation-to-Output Price Elasticity Database (GIOPED) TS - Global Inflation-to-Output Price Elasticity Database (GIOPED) PY - 2023 DO - 10.6084/m9.figshare.22578229.v1 UR - https://m2.mtmt.hu/api/publication/33761075 ID - 33761075 LA - English DB - MTMT ER - TY - DATA AU - Koppány, Krisztián AU - Vakhal, Péter AU - Pusztai, Pál TI - GIOPED_2007_2018. figshare. Dataset. Global Inflation-to-Output Price Elasticity Database (GIOPED) TS - Global Inflation-to-Output Price Elasticity Database (GIOPED) PY - 2023 DO - 10.6084/m9.figshare.19778518.v1 UR - https://m2.mtmt.hu/api/publication/33761060 ID - 33761060 LA - English DB - MTMT ER - TY - JOUR AU - Koppány, Krisztián AU - Vakhal, Péter AU - Pusztai, Pál TI - Prices and Inflation in Global Value Chains. A global inflation-to-output price elasticity database with applications TS - A global inflation-to-output price elasticity database with applications JF - KÜLGAZDASÁG J2 - KÜLGAZDASÁG VL - 67 PY - 2023 IS - 1 SP - 1 EP - 48 PG - 48 SN - 0324-4202 DO - 10.47630/KULG.2023.67.eng.1 UR - https://m2.mtmt.hu/api/publication/33754254 ID - 33754254 AB - Global value chains (GVCs) are important transmitters of product price shocks, which, in the end, will be expressed in national inflation rates. This paper deals with this phenomenon by presenting and applying an input-output model of global cost-push price transmissions using the 2021 edition of OECD Inter-Country Input-Output (ICIO) tables. Output prices are linked to several inflation rates by the concept of inflation-to-output price elasticity. Inflation elastici-ties are decomposed into local, simple, and complex global value chain effects and collected into the Global Inflation-to-Output Price Elasticity Database (GIOPED) published along with the paper. A step-by-step guide shows how to import data and perform quick interactive form impact analyses in Microsoft Excel. The presented GIOPED exercises reveal that local value chains are still dominant in determining inflation, although there are significant differences bet-ween countries. For Hungary, selected for an illustrative country study, inflation elasticities are higher with smaller domestic components, and exposures to current global shocks are consi-derable. Movements of energy commodity prices explain about a third of autumn 2022 Hunga-rian inflation rates. LA - English DB - MTMT ER - TY - JOUR AU - Vakhal, Péter TI - Kísértet járja be európát... JF - KÜLGAZDASÁG J2 - KÜLGAZDASÁG VL - 67 PY - 2023 IS - 1-2 SP - 160 EP - 163 PG - 4 SN - 0324-4202 DO - 10.47630/KULG.2023.67.1-2.160 UR - https://m2.mtmt.hu/api/publication/33668313 ID - 33668313 LA - Hungarian DB - MTMT ER - TY - GEN AU - Vakhal, Péter AU - Vékás, Péter TI - Causes of the shadow economy in Central and Eastern Europe PY - 2022 SP - 1 EP - 28 PG - 28 UR - https://m2.mtmt.hu/api/publication/33727450 ID - 33727450 LA - English DB - MTMT ER - TY - JOUR AU - Vakhal, Péter TI - Az inflációt leküzdeni nem kell félnetek... JF - KÜLGAZDASÁG J2 - KÜLGAZDASÁG VL - 66 PY - 2022 IS - 1-2 SP - 132 EP - 136 PG - 5 SN - 0324-4202 DO - 10.47630/KULG.2022.66.1-2.132 UR - https://m2.mtmt.hu/api/publication/33662993 ID - 33662993 LA - Hungarian DB - MTMT ER - TY - JOUR AU - Koppány, Krisztián AU - Vakhal, Péter TI - Az Ukrajna elleni háború globális értékláncokra gyakorolt hatásai JF - KÜLGAZDASÁG J2 - KÜLGAZDASÁG VL - 66 PY - 2022 IS - 3-4 SP - 73 EP - 119 PG - 47 SN - 0324-4202 DO - 10.47630/KULG.2022.66.3-4.73 UR - https://m2.mtmt.hu/api/publication/32811123 ID - 32811123 LA - Hungarian DB - MTMT ER - TY - THES AU - Vakhal, Péter TI - A globális értékláncok hálózatelméleti vizsgálata [Network Analysis Of Global Value Chains] PY - 2022 SP - 225 UR - https://m2.mtmt.hu/api/publication/32462732 ID - 32462732 LA - English DB - MTMT ER -