Centre for Economic and Regional Studies Hungarian Academy of Sciences Centre of Excellence

KTI seminar

Lecture:

Koren Miklós

Expatriate Managers and Firm Performance

Better managed firms are more productive. So are foreign owned firms. Using exhaustive administrative data from Hungary 1992–2014, we study the performance of firms led by expatriate managers. Studying more than 2,000 foreign acquisitions, we compare firms that bring in foreign management to those that remain locally managed. Foreign managed firms increase their productivity faster. Larger, more capital intensive and more productive firms are more likely to receive a foreign manager. Owners from distant countries and tax havens are more likely to leave domestic management in place. Our study can help understand the modes of foreign investment and provide a link between foreign ownership and management practices.

Economics with policy - international seminar series

Lecture:

Maite Alguacil /Universitat Jaume I/

The Impact of Immigrant Diversity on Wages. The Spanish Experience

Abstract

The massive waves of migration that have emerged as part of the recent globalization process have attracted increasing attention in the field of economic geography. Traditionally, empirical research on this issue has focused on the possible substitution effect between native and foreign workers in the labour market. However, this evaluation omits the potential positive spillovers derived from a greater cultural diversity related to immigration. The aim of this work is to fill this gap by analysing the impact that immigrant diversity has on wages in Spain. To do so, we built three different indexes that measure cultural diversity across the Spanish regions. We control for the problem of potential simultaneity between migration and wages using instrumental variable techniques. We also consider the role of the increasing entry of foreigners coming from developed economies and other local factors. The results confirm that a greater diversity of immigrants' birthplaces is associated with higher wages for both natives and the total population. Moreover, our findings reveal the importance of skilled labour (national or foreign), to encourage workers' productivity and to ensure sustainable economic development.

Economics with policy - international seminar - David Garcia

David Garcia /Complexity Science Hub Vienna/

Online social media are information resources that can have a transformative power in society. While the Web was envisioned as an equalizing force that allows everyone to access information, the digital divide prevents large amounts of people from being present online. Online social media, in particular, are prone to gender inequality, an important issue given the link between social media use and employment.  Understanding gender inequality in social media is a challenging task due to the necessity of data sources that can provide large-scale measurements across multiple countries. Here, we show how the Facebook Gender Divide (FGD), a metric based on aggregated statistics of more than 1.4 billion users in 217  countries, explains various aspects of worldwide gender inequality. Our analysis shows that the FGD encodes gender equality indices in education, health, and economic opportunity. We find gender differences in network externalities that suggest that using social media has an added value for women. Furthermore, we find that low values of the FGD are associated with increases in economic gender equality. Our results suggest that online social networks, while suffering evident gender imbalance, may lower the barriers that women have to access to informational resources and help to narrow the economic gender gap.

FDI workshop 2018

Program:

8.55-9.00 Opening

9.00 - 10.00 Szász Levente, Horváth Réka, Csíki Ottó (Babes-Bolyai University): A study of location decision factors in the European automotive industry

10.00 -10.15 Coffee break

10.15 - 11.15 Antalóczy Katalin (BGE), Gáspár Tamás (BGE), Sass Magdolna (MTA KRTK KTI and BGE): The specialties of the international pharmaceutical value chain: the case of Hungary

11.15 – 12.15 Gál Zoltán (MTA KRTK RKK and Kaposvar University): Role of FDI in growth and development: implications of regional disparities

12.15 – 13.00 Lunch

13.00 - 14.00 Szász Levente, Rácz Béla-Gergely, Anca Borza, Benedek Botond (Babes-Bolyai University): A comparative study of multinational subsidiaries and local companies in emerging economies: a manufacturing practice approach

14.00 – 15.00 Baranyai Ticián, Kozma Miklós (Corvinus  University): The laggard predecessor and the progressive successor? The analysis of the impact of the change of generations on the internationalisation of family firms

15.00 – 15.15 Coffee break

15.15 – 16.15 Éltető Andrea (MTA KRTK VGI): Exports as a way of internationalisation of Hungarian SMEs – results of a questionnaire survey

16.15 – 17.30 Workshop closing remarks, discussion on publication opportunities

International Conference on Education Economics

International Conference on Education Economics – EDEN final conference

Venue

The event is hosted by the Center for Economic and Regional Studies of the Hungarian Academy of Sciences, within the new Research Building of Human Sciences (MTA Humán Tudományok Kutatóháza) located at Budapest, Tóth Kálmán u. 4, 1097. Hungary   (see map).

Schedule

November 21, 2018.

9:00-9:30: Registration and coffee

9:30-9:45: Welcome

9:45-10:45: Keynote: Lex Borghans, (Maastricht University) “The economics of the curriculum”

10:45-11:00: Room change

11:00-12:30: Session 1

12:30-14:00: Lunch

14:00-15:30: Session 2

15:30-16:00: Coffee break

16:00-17:00: Session 3

17:00-19:00: Reception with light snacks

November 22, 2018.

9:00-10:30: Session 4

10:30-11:00: Coffee break

11:00-12:30: Session 5

12:30-14:00: Lunch

14:00-15:30: Session 6

15:30-16:00: Coffee break

16:00-17:00: Session 7

19:00-22:00: Conference dinner (location: Prestige boat, Jászai Mari square, dock 9.)

November 23, 2018.

9:30-11:00: Session 8

11:00-11:30: Coffee break

11:30-12:30: Keynote: Daniele Checchi, (University of Milan) “The long term evolution of inequality of opportunity”

12:30-12:45: Farewell

12:45-14:00: Lunch and goodbye

Parallel Sessions

Nov. 21. Wednesday

Nov. 22. Thursday

Nov. 23. Friday

4th The Role of State in Varieties of Capitalism (SVOC) Uneven Development, Inequalities and the State