Dynamics of Competition in the Hungarian Poultry Industry

This study examines the competitive nature of Hungarian poultry sector between 2006 and 2016. The population has stagnated over period investigated, however farm structure changed significantly held by individual farms decreased. In this research, market competition was measured with persistence abnormal profits, while profit estimated using Arellano-Bond GMM Blundell-Bond dynamic panel regression. Based on results, it can be said that level in is close to equilibrium level. size, technological development as well tax advantages distort leading higher profits. Taking long-term risk a negative impact results research suggests breakthrough points for are progress growth, reduction labor intensity.