TY - BOOK AU - Békés, Gábor AU - Muraközy, Balázs TI - The ladder of foreign sales. internationalization modes of European firms TS - internationalization modes of European firms T3 - Műhelytanulmányok [Discussion Papers], ISSN 1785-377X ; MT-DP 2015/27. ET - 0 PB - Institute of Economics, Centre for Economic and Regional Studies CY - Budapest PY - 2015 SP - 34 SN - 9786155447891 UR - https://m2.mtmt.hu/api/publication/2914887 ID - 2914887 LA - English DB - MTMT ER - TY - JOUR AU - Békés, Gábor AU - Muraközy, Balázs TI - Temporary trade and heterogeneous firms JF - JOURNAL OF INTERNATIONAL ECONOMICS J2 - J INT ECON VL - 87 PY - 2012 IS - 2 SP - 232 EP - 246 PG - 15 SN - 0022-1996 DO - 10.1016/j.jinteco.2011.12.007 UR - https://m2.mtmt.hu/api/publication/1994882 ID - 1994882 AB - Using Hungarian firm-transaction level export data, we show that about one third of firm-destination and about one half of firm-product-destination export spells are short-lived, or temporary, each year. This is in odds with theories where comparative advantage is stable and market entry costs are sunk. We show how endogenous choice between variable and sunk cost trade technologies can explain the empirical importance and some characteristics of temporary trade. We build a model in which the likelihood of temporary trade depends on productivity and capital cost of the firm as well as well-known gravity variables of destinations. These predictions are borne out by the data; the likelihood of permanent trade, defined by a simple filter, rises with firm productivity, financial stability, proximity and GDP of destination countries. © 2012 Elsevier B.V. All rights reserved. LA - English DB - MTMT ER - TY - JOUR AU - Békés, Gábor AU - Muraközy, Balázs AU - Harasztosi, P TI - Firms and products in international trade. evidence from Hungary TS - evidence from Hungary JF - ECONOMIC SYSTEMS J2 - ECON SYST VL - 35 PY - 2011 IS - 1 SP - 4 EP - 24 PG - 21 SN - 0939-3625 DO - 10.1016/j.ecosys.2010.11.005 UR - https://m2.mtmt.hu/api/publication/2040371 ID - 2040371 AB - This paper provides a detailed description of Hungarian trade data and key patterns drawn at the firm and product level. In the Bernard et al. (2007) tradition, statistics describe the prevalence of trading activity, typology of firms by internationalisation, and concentration of trade volume within and across sectors both for exports and imports. There are several similarities as well as differences to key US and EU findings. Trade concentration in Hungary is slightly higher than in most European countries and foreign ownership and the role of foreign firms in trade is higher. Furthermore, firm heterogeneity is also studied in terms of traded products as well as partner countries. While the share of single-product exporters is similar to the US, there are certainly fewer Hungarian single-country exporters. With some transition-related differences, we find Hungarian trade activity to broadly match most open economy evidence. Throughout the paper, we use the IEHAS-CEFiG Hungary dataset, an almost universal panel of balance sheet information (1992-2006) merged with firm-product-country level customs data (1992-2003) taken until the 2004 EU accession. © 2011 Elsevier B.V. LA - English DB - MTMT ER -