A magyar gázpiaci liberalizáció 15 éve

Authors

DOI:

https://doi.org/10.14267/VEZTUD.KSZ.04

Keywords:

Hungary, natural gas market, regulation, entry barrier, state ownership, vertical integration, market structure, composite index, wholesale and retail price

Abstract

Since the opening of the natural gas market in 2004, profound changes have taken place in ownership, regulation and operation of the natural gas market. After morphing to a multi-player competition market structure, some market segments returned to strong centralisation and state control. This article enriches the literature on the developments of the Hungarian natural gas market from 2004 as no other analysis has done so far. To describe the history of the sector, the authors compare the indicator of Hungarian natural gas market regulation based on consumer experience (MPI) with the expert evaluation market structure index (ETCR) and the development of wholesale and retail prices.

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Author Biographies

Borbála Takácsné Tóth, Corvinus University of Budapest

Senior Research Associate

Péter Kotek, Corvinus University of Budapest

Senior Research Associate

Adrienn Selei, Corvinus University of Budapest

Senior Research Associate

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Published

2019-11-14

How to Cite

Takácsné Tóth, B., Kotek, P., & Selei, A. (2019). A magyar gázpiaci liberalizáció 15 éve. Vezetéstudomány Budapest Management Review, 50(KSZ), 32–45. https://doi.org/10.14267/VEZTUD.KSZ.04

Issue

Section

Studies and Articles