The accession of Hungary to the European Union (EU) in 2004 was expected to lead to price convergence to the EU levels. The influence of national and EU policies on Hungarian producers and consumers is important as they were facing a new situation. Consumers’ welfare depends on the constantly altering world- and common market, and political actions. The purpose of this study is to analyse welfare changes and distributional impacts on Hungarian food consumers. The paper focuses on Laspeyres index, compensating variation and elasticities of demand.
The effects of trade networks, non-tariff measures and natural disasters on the international beef trade: a gravity approach
This paper aims to investigate the factors influencing the international beef market’s trade flows by applying the gravity model. We...