Skip to main content

Foreign Capital and Economic Development in Hungary

The full text article is temporarily unavailable.

We apologise for the inconvenience. Please try again later.

In economics literature, a number of authors emphasize the need to study both domestic and foreign enterprises in order to properly grasp the effect of foreign direct investment on the local economy. Differences between foreign and domestic enterprises stem from the fact that multinational enterprises operate in a global network extending into many countries, which most certainly exerts influence on all aspects of their production activity. This paper presents a comparative analysis of performance of domestic and three types of foreign enterprises in Hungary. Total-factor pro- ductivity, factor intensity, wages, export intensity, profitability, as well as the effective rate of tax are examined by the combined tools of comparison, regression analysis and Wilcoxon test for data of the whole economy of Hungary. While foreign firms are found to contribute to the revitalization of the economy as far as capital intensity, productivity, export performance and level of wages are concerned, they do not yet seem to produce profitably.
No References
No Citations
No Supplementary Data
No Article Media
No Metrics

Document Type: Research Article

Publication date: 29 November 2001

  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more