IDEAS home Printed from https://ideas.repec.org/a/ksa/szemle/2166.html
   My bibliography  Save this article

Ágazati politika portfólióelméleti megközelítésben
[Industry policy in a portfolio-theory approach]

Author

Listed:
  • Bethlendi, András

Abstract

A tanulmány célja, hogy megvizsgálja a magyar nemzetgazdaság szerkezeti változásait a növekedés-stabilitás megközelítésében az elmúlt bő negyedszázad adatai alapján. Beazonosítottuk a nemzetgazdasági fejlődés üteme alatt, azzal közel együtt és azt jóval meghaladóan változó ágakat. Módszertanunk a pénzügyi portfólióknál alkalmazott modern portfólióelmélet megközelítése volt. Bemutattuk, hogy a nemzetgazdaság jelenlegi szerkezetéhez képest hosszabb távon akár nagymértékű pozitív elmozdulás is lehetséges. Elemzési keretünk alkalmas gazdaságpolitikai célok értékelésére is. A gazdaságpolitika által erősebben támogatott ágak közül az építőipar, a szálláshely-szolgáltatás és vendéglátás, valamint a mezőgazdaság felé történő elmozdulást nem találtuk hatékonynak növekedési-stabilitási szempontból. Vizsgálatunk megerősíti az újraiparosítási politikát kritizáló szakvéleményeket, amelyek szerint az újraiparosítás az ország átlagos növekedési ütemét nem fogja érdemben növelni. Ezt még annyival egészítjük ki, hogy stabilitási (kockázati) szempontból sem célravezető az erőltetése. Ugyanakkor egy specifikusabb, hálózatos iparpolitika javíthatja a fenti összefüggéseket.* Journal of Economic Literature (JEL) kód: G11, O11, O14, O25.

Suggested Citation

  • Bethlendi, András, 2024. "Ágazati politika portfólióelméleti megközelítésben [Industry policy in a portfolio-theory approach]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 131-153.
    • Handle: RePEc:ksa:szemle:2166
    DOI: 10.18414/KSZ.2024.2.131
    as

    Download full text from publisher

    File URL: http://www.kszemle.hu/tartalom/letoltes.php?id=2166
    Download Restriction: Registration and subscription. 3-month embargo period to non-subscribers.
    File URL: https://libkey.io/10.18414/KSZ.2024.2.131?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Amitai Etzioni, 1983. "Reindustrialization Of America," Review of Policy Research, Policy Studies Organization, vol. 2(4), pages 677-694, May.
    2. Shu-hen Chiang, 2009. "The effects of industrial diversification on regional unemployment in Taiwan: is the portfolio theory applicable?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 43(4), pages 947-962, December.
    3. Harry Markowitz, 1956. "The optimization of a quadratic function subject to linear constraints," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 3(1‐2), pages 111-133, March.
    4. Imre Lengyel & Zsofia Vas & Izabella Szakalne Kano & Balazs Lengyel, 2017. "Spatial differences of reindustrialization in a post-socialist economy: manufacturing in the Hungarian counties," European Planning Studies, Taylor & Francis Journals, vol. 25(8), pages 1416-1434, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marina Yurievna Malkina, 2018. "Instability of Financial Return of Regional Economies and Its Determinants," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 3, pages 88-114.
    2. Apostolos Chalkis & Emmanouil Christoforou & Ioannis Z. Emiris & Theodore Dalamagas, 2020. "Modeling asset allocation strategies and a new portfolio performance score," Papers 2012.05088, arXiv.org, revised Sep 2021.
    3. Shu‐Hen Chiang, 2012. "The Source of Metropolitan Growth: The Role of Commuting," Growth and Change, Wiley Blackwell, vol. 43(1), pages 143-166, March.
    4. Výrost, Tomas & Lyócsa, Štefan & Baumöhl, Eduard, 2019. "Network-based asset allocation strategies," The North American Journal of Economics and Finance, Elsevier, vol. 47(C), pages 516-536.
    5. Alison Felix, 2012. "Industrial diversity, growth, and volatility in the seven states of the Tenth District," Economic Review, Federal Reserve Bank of Kansas City, vol. 97(Q IV).
    6. Jing Chen, 2018. "Interpreting Economic Diversity as the Presence of Multiple Specializations," Working Papers Working Paper 2018-02, Regional Research Institute, West Virginia University.
    7. Jieshuang He, 2016. "Endogenous Bank Networks and Contagion," CAEPR Working Papers 2016-005, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    8. repec:grm:ecoyun:201619 is not listed on IDEAS
    9. Naudé, Wim, 2019. "Three Varieties of Africa’s Industrial Future," IZA Discussion Papers 12678, Institute of Labor Economics (IZA).
    10. Lengyel, Imre & Lengyel, Balázs & Vas, Zsófia & Szakálné Kanó, Izabella, 2016. "Az újraiparosodás térbeli kérdőjelei Magyarországon [Territorial questions of reindustrialization in Hungary]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 615-646.
    11. Guillermo Gallego & Robin Roundy, 1992. "The economic lot scheduling problem with finite backorder costs," Naval Research Logistics (NRL), John Wiley & Sons, vol. 39(5), pages 729-739, August.
    12. Florian Methling & Rüdiger Nitzsch, 2019. "Naïve diversification in thematic investing: heuristics for the core satellite investor," Journal of Asset Management, Palgrave Macmillan, vol. 20(7), pages 568-580, December.
    13. Randall Jackson, 2015. "Are Industry Clusters and Diversity Strange Bedfellows?," The Review of Regional Studies, Southern Regional Science Association, vol. 45(2), pages 113-129, Fall.
    14. Akhilesh KUMAR & Mohammad SHAHID, 2021. "Portfolio selection problem: Issues, challenges and future prospectus," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(629), W), pages 71-90, Winter.
    15. Dimitri O. Ledenyov & Viktor O. Ledenyov, 2013. "On the optimal allocation of assets in investment portfolio with application of modern portfolio and nonlinear dynamic chaos theories in investment, commercial and central banks," Papers 1301.4881, arXiv.org, revised Feb 2013.
    16. Adrienne DiTommaso & Robert T. Greenbaum, 2021. "An Examination of the Relationship Between Local Tax Incentives and Diversification of the Local Economic Base," Economic Development Quarterly, , vol. 35(2), pages 108-124, May.
    17. Charles. I. Nkeki, 2018. "Optimal Investment Strategy With Dividend Paying And Proportional Transaction Costs," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 13(01), pages 1-17, March.
    18. Wei Li & Desheng Xue & Xu Huang, 2018. "The Role of Manufacturing in Sustainable Economic Development: A Case of Guangzhou, China," Sustainability, MDPI, vol. 10(9), pages 1-17, August.
    19. Yakova Silin & Yevgeniy Animitsa & Natalya Novikova, 2016. "New Normal in Russian Economy: Regional Specificity," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 714-725.
    20. Romanova, O. A. & Strovsky, V. E., 2016. "Development of a Methodology for the Economic Assessment of Managerial Decisions as a Factor of Increased Economic Security," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 2(3), pages 303-313.
    21. Davide Lauria & W. Brent Lindquist & Stefan Mittnik & Svetlozar T. Rachev, 2022. "ESG-Valued Portfolio Optimization and Dynamic Asset Pricing," Papers 2206.02854, arXiv.org.

    More about this item

    JEL classification:

    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ksa:szemle:2166. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Odon Sok (email available below). General contact details of provider: http://www.kszemle.hu .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.