@article{MTMT:2956896,
	title = {Administrative barriers to trade},
	url = {https://m2.mtmt.hu/api/publication/2956896},
	author = {Hornok, Cecília and Koren, Miklós},
	doi = {10.1016/j.jinteco.2015.01.002},
	journal-iso = {J INT ECON},
	journal = {JOURNAL OF INTERNATIONAL ECONOMICS},
	volume = {96},
	unique-id = {2956896},
	issn = {0022-1996},
	abstract = {We build a model of administrative barriers to trade to understand how they affect trade volumes, shipping decisions and welfare. Because administrative costs are incurred with every shipment, exporters have to decide how to break up total trade into individual shipments. Consumers value frequent shipments, because they enable them to consume close to their preferred dates. Hence per-shipment costs create a welfare loss.We derive a gravity equation in our model and show that administrative costs can be expressed as bilateral ad-valorem trade costs. We estimate the ad-valorem equivalent in Spanish shipment-level export data and find it to be large. A 50% reduction in per-shipment costs is equivalent to a 9 percentage point reduction in tariffs. Our model and estimates help explain why policy makers emphasize trade facilitation and why trade within customs unions is larger than trade within free trade areas. © 2015 The Authors.},
	keywords = {Spain; EQUATION; EXPORT; Cost analysis; numerical model; Policy Making; shipping; welfare economics; trade flow; Trade facilitation; Gravity equation; Customs union; Administrative barriers},
	year = {2015},
	eissn = {1873-0353},
	pages = {110-122},
	orcid-numbers = {Hornok, Cecília/0000-0001-5680-3206}
}

@article{MTMT:1881910,
	title = {The productivity effects of privatization: Longitudinal estimates from Hungary, Romania, Russia, and Ukraine},
	url = {https://m2.mtmt.hu/api/publication/1881910},
	author = {Brown, JD and Earle, John S. and Telegdy, Álmos},
	doi = {10.1086/499547},
	journal-iso = {J POLIT ECON},
	journal = {JOURNAL OF POLITICAL ECONOMY},
	volume = {114},
	unique-id = {1881910},
	issn = {0022-3808},
	abstract = {This paper estimates the effect of privatization on multifactor productivity using comprehensive panel data on initially state-owned manufacturing firms in four economies. We exploit the data's longitudinal dimension to control for preprivatization selection and estimate long-run impacts. The estimates are robust to functional form but sensitive to selection controls. Our preferred random growth estimates imply positive multifactor productivity effects of 15 percent in Romania, 8 percent in Hungary, and 2 percent in Ukraine, but a -3 percent effect in Russia. The foreign privatization effect is larger (18-35 percent) in all countries. Positive domestic effects appear immediately in Hungary, Romania, and Ukraine and continue growing thereafter, but emerge only five years after privatization in Russia.},
	year = {2006},
	eissn = {1537-534X},
	pages = {61-99},
	orcid-numbers = {Telegdy, Álmos/0000-0003-4651-5280}
}