CEU Electronic Theses and Dissertations, 2014
| Author | Hann, András |
|---|---|
| Title | Motorways and firm performance: the case of Hungary |
| Summary | I analyze the effect of motorways on firm performance in Hungary. I look at total factor productivity; the number of firms that open or close in a given municipality; and the firm’s individual choice whether to cease operations by next year. I combine a database of 20,000 manufacturing firms in the 1992-2003 period with several sources of GIS data. Significant results are only obtained on pooled OLS data; fixed effects are only significant on a model restricted to municipalities with less than 10,000 inhabitants. When DiD models are estimated, I find no significant effects. I look at the number of new and closing firms using FE and FE Poisson methods – the latter of which fits count data better. These models do not yield significant results, either. Finally, I estimate a binary decision model of the firm whether to close down or not; results are insignificant as before. |
| Supervisor | Békés, Gábor |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2014/hann_andras.pdf |
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