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  • Trends and Tendencies in the Development of HR Departments in Hungarian State Universities
    115-146
    Views:
    275

    In the last couple years it has been fully accepted that human resource management plays an increasing role in the success of organizations, and also in the development and sustainability of national and international competitiveness (Gordon- Whitchurch, 2007). In the developed industrial countries – mostly the Anglo-Saxon pioneers – public institutions (including higher education) abandoned the normative and bureaucratic-controlled Taylor system (Karoliny et al, 2003). Beginning in the 70’s representatives of the New Public Management model, based exclusively on the effectiveness of business solutions, gained more ground. The early 80’s brought the widespread implementation of reform programs. These efforts have created models and experience that were applicable in the converging countries of Europe – including Hungary. After reviewing the latest professional literature and analyzing practices of eleven Hungarian universities we will assess the conversion of Human Resource Management and consider possibilities for modernization.

    Journal of Economic Literature (JEL) classifications: I21; H19; M52;M53;M54

  • Economics or economic science? A XX. század legfontosabb eredményei
    76-97
    Views:
    146

    The fundamental question of this article is: wether the economics is science, and if it is, then can it be viewed as an independent science? The answer is looked for starting from the most
    important economic results of the last century. The author came to the conclusion that the mainstream economic theories of our days can be traced back to the works of Ramsey, Neumann and Haavelmo. The results of mathematics and natural sciences, especially physics greatly contributed to that it became science. All these are proven by means of Roy E. Weintraub’s so called historical reconstruction and Imre Lakatos’ rational reconstruction methods.

    Journal of Economic Literature (JEL) classifications: B23, C10, C20

  • A literature review of Happiness and Economics and guide to needed research
    117-131
    Views:
    602

    Happiness and Economics as a new branch of behavioural economics has had a major impact on economic theory and economic policy: Several studies have been published in the last 20 years in leading journals. Furthermore, several governments have decided to collect data about the well-being of their citizens. The author claims that utility cannot only be measured by the choices individuals do: Reported happiness and life satisfaction data is also an acceptable empirical estimate for individual utility. Consequently, happiness research can bear new knowledge and important understanding of human welfare. Therefore, this paper gives an overview of the existing literature. Methods and approach of scholars is critically analysed and shortcomings are discussed. Thereafter, findings on major economic issues like growth, unemployment and inflation are presented. Besides, governmental policy and implications for society are debated. Lastly, future research possibilities are mentioned.

    Journal of Economic Literature (JEL) Classification: D60 D63 I31

  • The imbedding of a new faculty into the region: A complimentary study for the 10th anniversary of the foundation of economics training in Debrecen
    1-13
    Views:
    101

    The article describes the situation of the Faculty of Economics, comparing it with other schools in the country, on the occasion of the tenth anniversary of economics training in Debrecen. It analyses the regionality of the application recruitment and the job possibilities of graduate students.

  • Strategic directions of international degree mobility – examining the motivation of foreign students studying in Hungary and the factors influencing foreign studies
    3-38
    Views:
    349

    In the scope of our research, we examined the motivation of foreign students studying in Hungary. The objective of the applied questionnaire survey was to explore the possibilities both on the supply and demand side based on which young people who wish to study outside their home country identify Hungary as a potential destination country. In the first phase of the research, the statistical study of inward student mobility was performed. The image of Hungarian higher education is interesting also because, although the countries sending the most students are still in the neighboring countries (Slovakia, Romania, Serbia and Ukraine), there is a dynamic growth in terms of the number of students from Norway and Asian (China, Iran) and African (Nigeria) (Statistical database of the Office of Education). In the second phase of the research, the questionnaire survey was conducted seeking the answer to the following: what factors played a role in the decision of foreign students to study abroad (when did they decide to study abroad, where did they obtain information, what were the factors that influenced their choice of country and institution, etc.). How satisfied are they with the chosen training, with the organization education and what are their plans following the completion of the training? What prior information was available about training and subsistence expenses, what were the sources of funding, how did the costs of subsistence develop and what were the returns on these expenses, what was the proportion of leisure time and studying, and what were the options of spending leisure time? - How satisfied are they with institutional services (technical equipment, classroom facilities, library service, and institutional programs)? In the present article, we cover the factors influencing foreign studies considering the limitations of the scope.

    Journal of Economic Literature (JEL) codes: I2, J1

  • A személyiség és a képességek szerepe az egyetemi sikerességben: avagy igazolható-e a szűrő hipotézis a Debreceni Egyetem Közgazdaságtudományi Karának hallgatói körében végzett felmérés alapján
    133-158
    Views:
    162

    Tanulmányunk azt a kérdést járja körül, hogy milyen befolyással bír a tanulmányi eredmények alakulására az értelmi és érzelmi intelligencia, valamint a személyiségstílus. Mindezt a Debreceni Egyetem közgazdász hallgatói körében végzett felmérések segítségével vizsgáljuk meg. Elemzésünkben főként regreszszióanalízisre támaszkodtunk. Az eredmények segítségével két kérdésre kívánunk választ kapni. Egyrészt arra, milyen kapcsolat van az említett változók és a vizsgált szakon való sikeres szereplés közt, másrészt, hogy rendelkezik-e a felsőoktatás tisztán információs (szűrő) funkcióval is, vagy csupán termelékenységet növel. Kapott eredményeink az egyes felmérések esetében némileg eltérnek, de általában elmondhatjuk, hogy az egyetemi eredményességet szignifikánsan befolyásolja a hallgató neme, szüleinek végzettsége, értelmi intelligenciája, intro- vagy extrovertáltsága, gondolkodó vagy észlelő személyiségstílusa, valamint a minták egy részénél érzelmi intelligenciája és észlelő vagy ítélkező személyiségstílusa. Mivel ezek nem mindegyike függ a felsőoktatás hatásától, elmondhatjuk, hogy bizonyítékot találtunk a felsőoktatás szűrő funkciójának jelenlétére.

    Journal of Economic Literature (JEL) kód: I21, J24

  • A Journey Through the Theory of Economic Development
    Views:
    110

    The theory of development economics changed signifcantly from the first attempts of defining the concepts in the 50s until nowadays. The contributions to the development theory are at the same time closely related to the historical context of the underdeveloped and developing countries. This paper tries to facilitate the understanding of the way development economics evolved, by presenting the main contributions to the theory. The research methodology used in this study is analytical, based on the gatherinf of the information, its organisation in a logical way, the presentation and analysis of the most significant ones, and finally the drawing of relevant conclusions. The main findings of this paper are that after five decades of strong ideas and recipes of economic development we have reached a point of uncertainty regarding what is beneficial or harmful for the nations' economic development.

    Journal of Economic Literature (JEL) classification: O10.

  • The carrier follow-up survey of the graduate students of the Faculty of Economics and Business Administration of the University of Debrecen
    105-113
    Views:
    96

    In the fall term of 2002/2003 a pioneer carrier follow-up survey of the graduate students of the Faculty of Economics and Business Administration of the University of Debrecen was carried out. The aim of the research is to facilitate the improvement of teaching, to increases its quality. The paper reviews the first results of the tecently launched survey.

  • Examining the perception of innovative online banking services – a discrete choice experiment among university consumers
    64-91
    Views:
    299

    In our study, we examine consumer preferences for innovative online banking services among students in business and management education. To achieve our research goal, we conducted a discrete choice experiment with the target group. The alternatives of our hypothetical decision situations included in our experiment were characterized by the possibility of ATM smartphone integration, the availability of real-time banking, the availability of NFC payment, and the cost per transaction. Based on our model estimates, we found that all three examined services (ATM smartphone integration, real-time banking, NFC payment) have a positive perception among respondents, while the increase in cost has a negative effect on the respondents’ sense of utility. The results of the latent class model estimated in order to address the preference heterogeneity highlighted the existence of a consumer group with very strong preferences and thus a high willingness to pay (average HUF 70) towards the existence of the NFC service. Male students with a non-Debrecen resident in higher-level vocational training are more likely to be included in this class.

  • The Rigidity of Labor Markets and the Unit Root in the Time Series of Unemployment rate: Raising a Problem
    103-114
    Views:
    130

    The article is a review of the literature concerning the time series of the unemployment rate, and of the economic explanations behind the tests of these time series. We seek to identify the theoretical explanations behind a possible unit root in unemployment time series. We argue that the main difficulty faced by these unit root tests is the change in labor market institutions. The ffects of institutional changes make the traditional tests rather weak, while the panel unit root tests oversimplify the economics of the question. Our conclusion is that the possible application of the tests developed theoretically for nearly unit root processes seems to offer a way out of this dilemma.

    Journal of Economic Literature (JEL) classifications: C22, E24

  • Economics or Economic Science? A 20. század legfontosabb eredményei
    5-34
    Views:
    160

    The fundamental question of this article is whether economics is a science, and if so, then can it be viewed as an independent science? The search for an answer begins with the most important economic results of the last century. The author comes to the conclusion that the mainstream economic theories of our times can be traced back to the works of Ramsey, Neumann and Haavelmo. The results of mathematics and natural sciences, especially physics greatly contributed to its emergence as a science. All this is proven by means of Roy E. Weintraub’s so called historical reconstruction and Imre Lakatos’ rational reconstruction methods.

    Journal of Economic Literature (JEL) classifications: B23, C10, C20

  • Ecological marketing strategy and futurology
    169-188
    Views:
    202

    For both branches of futurology - prognostics and the creation of a picture of the future - the natural environment is an important element. Both economics and environmental economics try to influence the actions of economic actors by painting alarming or attractive pictures of future developments. The concept of sustainable development attempts to achieve the realization of those concepts which harmonize present and future economic, environmental and social interests. To this end a preventive environmental policy is necessary, as is the introduction of a value system in which in the course of economic decisions, environmental interests are accorded at least equal status with economic interests. Among the various concepts, eco-marketing is an appropriate method of harmonizing the often contradictory goals and interests of companies. The first part of the study deals with the relationship between research into the future and the environment, the second introduces the concept of eco-marketing, and systematizes ecological marketing strategies.

  • Human Resources Management in the Changes in Hungary In the Light of Two Consecutive Cranet Researches: Két egymást követő Cranet felmérés eredményei alapján
    92-110
    Views:
    371

    Management, including Human Resources Management, has undergone major changes in Hungary since the economic and political changes of 1989. This area is even regarded as a field of continuous transformation. This study makes an effort to compare differences and similarities of specific features of Human Resources Management in Hungary in the light of two consecutive surveys, Cranet 2005 and 2008 (Cranet is an established group of top business schools and academic institutions, all collaborating to provide unique and rigorous data on human resource management practices across the world). According to these analyses, the study compares typical characteristics and practices of Human Resources Management in Hungary with major trends and tendencies of this field in 32 countries, including 6 countries from the Central and Eastern European region as well.

    JEL classification: J24, M1, M54

  • A modern osztrák közgazdaságtan „modernitása” : (Peter. J. Boettke – Christopher J. Coyne: The Oxford Handbook of Austrian Economics, Oxford: Oxford University Press, 2015, 816 oldal)
    92-98.
    Views:
    136

    Peter J. Boettke és egykori tanítványa, Christopher J. Coyne a kortárs modern osztrák közgazdaságtan legmeghatározóbb kutatói közé tartoznak. Az általuk szerkesztett kötet, a The Oxford Handbook of Austrian Economics nagyon impresszív vállalkozás, amely a kézikönyvek szokásos terjedelmét felülről feszítve gyűjti egybe a kortárs modern osztrák közgazdaságtan „témáit”. A szerzők nyilvánvaló célja ugyanis a modern osztrák közgazdaságtan által kutatott problémakörök tematikai felvonultatása.

  • Examination of Management of TESCO Hungary's sustainability and community activities
    24-48
    Views:
    56

    In their fifth sustainability management case study, the authors examine the focus, organizational processes, and operation of TESCO's responsibility and community activities in Hungary. On the one hand they executed analyses of publicly available company reports and internal documents, while on the other hand, they conducted semi-structured interviews with internal and external experts who play a key role in the added CSR activities. In addition to the descriptive presentation of the activities, the authors' work points out that there are many crutial organizational conditions for the effective management of organizational processes related to sustainability and communities, furthermore they highligted the possibilities and limitations of involving external parties and service providers, as well. The value of the case study is enhanced by the fact that no comprehensive case study presenting the sustainability activities of the leading domestic food retail companies has been published recently.

    Journal of Economic Literature (JEL) codes: A13, D6, F6, M14, M19, M38

  • Global Value Chains and Upgrading – Experiences of Hungarian Firms in the Machinery Industry
    5-22
    Views:
    244

    Global production networks and global value chains have become widespread today. In these cases firms locate the various stages of their value adding activities across different countries. The activities of global value chains form a new phase of globalization characterized by fragmented production, transfer of technology, and decreasing transport costs (Kaplinsky 2013). Developing countries are involved in these production networks, perceiving this as an important (if not the only) way to develop. The Central European countries have taken an active part in the chains of multinational firms since the nineties. The benefit derived from this participation varies across sectors and firms. In this article we analyze the experiences of Hungarian companies in the machinery industry. The structure of the article is the following. After a description of the basic research question and methodology, a literature review is provided. In the following section we introduce the companies surveyed and review their product-, process- and functional upgrading experiences. Finally, we discuss our findings and suggest some managerial and policy implications.

    Journal of Economic Literature (JEL) codes: F23, M21

  • The role of dynamic relationship capabilities and loyalty in organisational relationships
    76-92
    Views:
    236

    In this study we try to answer the question of how Hungarian organisations can be depicted in terms of relationship management in networked relationships, and how the nearly fouryear global economic crisis influences the perception of relationship capability and B2B loyalty in organisational relationships. First we review the theoretical background of dynamic relationship capabilities and B2B loyalty, then we show our empirical research results, and we try to identify the factors involved in relationship management and B2B loyalty. From our point of view relationship management has an effect on B2B loyalty, and we support the hypothesis that where relationship management is a conscious action, there are evolved procedures for this. These connected mechanisms have a positive impact on the evaluation of relationship quality and contribute to partners’ loyalty.

    Journal of Economic Literature (JEL) classification: M10, M14, M31, M39

  • A behavioral economics approach to perceived inflation
    46-71.
    Views:
    253

    Recent years have brought an era of extremely low inflation both in Hungary and in the EU. However, the inflation perceived by consumers has not followed precisely the same path. In the article I attempt to shed light on the underlying causes of this discrepancy, using the concepts of behavioral economics. A summary of the results of the relevant literature and an empirical analysis of Hungarian perceived inflation patterns (both on the aggregate level and for demographic groups) form the backbone of the article. The main findings of the research show that there is a significant bias in the inflation perceptions of Hungarian individuals, caused by psychological phenomena. The extent of the bias varies among sociodemographic groups, but not in exactly the same way as one would expect from the literature.

    Journal of Economic Literature (JEL) codes: E03

  • Political leadership and economic growth: Do the leaders matter? A vezető személye számít?
    101-116
    Views:
    143

    The paper analyses the role political leadership plays in economic growth by reviewing the literature that argues for, or presents evidence on, the proposition that leadership and the leader him/herself are crucial factors in economic growth. The article considers institutional economics as a starting point, a field which, so far, has paid little attention to the role of individuals and only focuses on the significance of institutions. The institutional theory of economic development has been criticized for using endogenous indicators and for only emphasising political output. However, political leaders are also able to make good and efficient economic policies. That is the reason leaders do matter

    Journal of Economic Literature (JEL) Classification: B3, O4, P48

  • Literature analysis of the language challenges and the responses thereto of European multinational companies
    101-119
    Views:
    68

    Language diversity is an inherent part of international business transactions,
    despite the dominance of English. The challenge for management, HRM, and
    employees in multinational companies is to find the right strategy. Multinational
    organizations can be categorized using the EPRG (ethnocentric, polycentric,
    regiocentric, geocentric) model, according to how they define their relationship
    with subsidiaries, and how they operate in foreign markets. Using this model,
    conclusions can also be drawn from their applied language strategy.

    JEL code: F23, Z13