Publications of Lucia Kurekova

Kahanec M, Kurekova L. European Union Expansion and Migration, Vol. 1. In: Ness I, editor. The Encyclopedia of Global Human Migration. Hoboken: Wiley - Blackwell Publishing; 2013.

Success Against All Odds? Determinants of Sectoral Rise and Decline

This article investigates the development over time of the automotive and textile industries post-1989 in four Central European countries in order to identify the key reasons behind sectoral growth or decline. The analysis demonstrates a divergent pattern of sectoral development, one that is in contrast to the perceived initial endowments of the countries and the structural positions of the sectors at the outset of the transition. Comparing the two sectors and individual success stories within them against a broader background of sectoral success and failure allows us to understand and isolate factors that lie behind the high status of the automotive sector by not only regional but also international standards. The article identifies three crucial factors that can be attributed to these outcomes: presence of foreign capital in the sector, active government support, and cooperative strategies among the firms in the sector and among the firms and other institutions in the countries.

“The role of state in development of socioeconomic models in Hungary and Slovakia: the case of industrial policy

This contribution systematically evaluates patterns of change in socio-economic models in Hungary and Slovakia, highlighting the role of the state in the process. While the countries share general similarities in their type of capitalism, a closer overview of institutional domains reveals that important differences exist in the character of change and the role of key actors. In terms of the overall reform paths, Slovakia, especially since the late 1990s, is more coherent and overwhelmingly in a liberal direction, while Hungary appears less radical and encompasses a combination of liberal elements and active state involvement. In this contribution we focus on industrial policy and find that Hungary adopted more comprehensive and vertical industrial support geared towards upgrading, foreign-capital openness throughout the economy, and support of the domestic small and medium enterprise sector. Slovakia developed its industry more through regulation than a direct intervention, opened to foreign capital only in late 1990s, and since then eschewed any attempt to nurture domestic capital.

Kurekova L. Explaining Differences in Labour Mobility in Czech Republic and Slovakia. South-East Europe Review: Journal for Labor and Social Affairs in Eastern Europe. 2010;2.

Innovative R&D and Optimal Investment under Uncertainty in High-Tech Industries: An Implication for Emerging Economies

In order to continue on the path to convergence with advanced countries, emerging countries need to strengthen their research capabilities. Often they try to do this through the development of strategic industries. The objective of this paper is to contribute to the debate on the effectiveness of policies aimed at the development of strategic industries in emerging economies. The paper develops a three-phase model for product innovation with capital investment under uncertainty to study the investment decisions of a manufacturer in an industry facing a volatile market demand for new inventions. The findings demonstrate the importance of interactions between market structure, a firm's market power and the associated cost of adjustment. The paper draws out implications for emerging economies with regard to policies striving to develop strategic industries in sectors such as semiconductors and information technology.