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• Should Economists Like Predation or Not?

  Adam Torok

  Views:

  85

  (A Note on 'Economic Principles of Predatory (Exclusionary Pricing in the US and in the EU - Their (mis) Application in Some Recent Competition Law Cases of the European Community Commission and the Court of First Instance' by Zoltan Bara).

  Journal of Economic Literature (JEL) classification: K21, L12, L41

• Strategic market entry barriers in Hungary

  91-107

  Adam Torok

  Zsuzsa Deli-Gray

  Views:

  197

  This study is a continuation of a former project of the same research team. The focus of the research is market entry in Hungary for foreign firms, along with strategic entry barriers to both domestic and foreign importers to Hungary. A comparison of our findings from 2003 and 2008 gives some insights into the integration of the Hungarian domestic market into the Single European Market. Practical advice is offered to Hungarian market players on the scope of strategic entry barriers in Hungary as well as the ways entrepreneurs assess them.

  JEL classification: F13, F14, F15

• Corporate and state roles in Hungarian industrial development after the nineties

  7-22

  Adam Torok

  Views:

  104

  In the nineties the development of Hungarian industry was first disappointing, but later it was definitely rapid and successful. Several publication have described the process of this industrial transition in general as well as in the light of the foreign market performance of Hungarian industry. However, the majority of the analyses were based on stistical surveys and the participants of the processes were somewhat neglected. For this reason the present study examines the influence of major corporate participants and that of the government on the development of the industry, as well as their behaviour, and conclusions are drawn as regards the strategic potentials of Hungarian industry after 2003 and 2004. First the study offers an overview of the most important corporate participants of the Hungarian industry, then it seperately discusses the peculiarities of the market presence of foreign industrial firms, in particular to what extent the European Union's ambitions, taking shape from the year 2000, aiming at improving competitiveness can be reflected in Hungarian economic policy. Thus the question is whether we can expect the revival, to some extent, of Hungarian industrial policy which has appeared to be lifeless since 1996, and whether we can expect state participation in the promotion of the development of Hungarian industry which should be of European standards and yet more active than round the turn of the century.