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Capital Stock and Economic Development in Hungary


Zsolt Darvas


Budapest University of Economic Sciences and Public Administration

Andras Simon


National Bank of Hungary - Economics & Research Department

Economics of Transition, Vol. 8, No. 1, March 2000

Abstract:     
This paper introduces a method of calculating physical capital stock figures in transition countries and derives data for Hungary. On the basis of international experience, we set
investment and saving paths for future income levels. Confrontation of savings prospects of different sectors with investments needs leads to an economic policy analysis of the fiscal policy needed to catch up to 70 per cent of Austrian per capita income by 2030.

Accepted Paper Series


Date posted: July 7, 2002  

Suggested Citation

Darvas, Zsolt and Simon, Andras , Capital Stock and Economic Development in Hungary. Economics of Transition, Vol. 8, No. 1, March 2000. Available at SSRN: http://ssrn.com/abstract=241740

Contact Information

Zsolt Darvas (Contact Author)
Budapest University of Economic Sciences and Public Administration (Corvinus University) ( email )
Budapest H-1093
Hungary
HOME PAGE: http://www.uni-corvinus.hu/darvas
Andras Simon
National Bank of Hungary - Economics & Research Department
H-1850 Budapest
Hungary
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