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De-Internationalisation Patterns in Hungary

Author

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  • Miklós Stocker

    (Corvinus University of Budapest)

Abstract

The debate on firm internationalisation has predominantly focused on different aspects connected to growth. However, the notion of de-internationalisation is not as popular, although it could also contribute significantly to our understanding of internationalisation. This paper focuses on de-internationalisation, its different modes and patterns followed by companies in the Hungarian context. Three hypotheses are tested: that de-internationalisation is a mass phenomenon, after de-internationalisation most companies are terminated, and de-internationalisation does not mean the end of international exposure. To test these hypotheses the Hungarian Corporate Tax Database was used with which the whole population of Hungarian companies in the years from 2009 to 2014 was analysed. The database consists 385,723 companies in 2009 and 422,500 companies in 2014, which is the whole Hungarian private sector. Among these companies 73,442 companies were registering export revenues, but this seems to be stable only for a smaller amount of companies. De-internationalisation is uncovered in this paper with different patterns followed by companies in the Hungarian context.

Suggested Citation

  • Miklós Stocker, 2017. "De-Internationalisation Patterns in Hungary," Theory Methodology Practice (TMP), Faculty of Economics, University of Miskolc, vol. 13(01), pages 109-118.
  • Handle: RePEc:mic:tmpjrn:v:13:y:2017:i:01:p:109-118
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    File URL: http://tmp.gtk.uni-miskolc.hu/volumes/2017/01/TMP_2017_01_09_109_118.pdf
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    Cited by:

    1. Ticián Baranyai & Miklós Kozma, 2019. "Family Firms with New Leaders in the Global Market.– A Potential Success Story?," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 69(supplemen), pages 131-162, December.

    More about this item

    Keywords

    de-internationalisation; mortality of de-internationalised companies; de-internationalisation patterns; foreign market entry; exits and re-entries;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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