We analyze the role of innovation in the technological development of four new EU members: the Czech Republic, Hungary, Poland and Slovakia. For that purpose, we use a novel approach by modeling the empirical relationship between intra-industrial bilateral trade flows, which proxy the level of...

The main purpose of this study is to analyse the poverty effects of emigration and inward remittance flows through direct and indirect channels within the context of a standard computable general equilibrium (CGE) model. For that purpose we use a novel approach in modeling a social accounting...

This study analyzes the demand side of the tourism market in the Autonomous Region of the Azores, Portugal, ranked by National Geographic as the second island destination for sustainable tourism among 111 islands in the world. Due to the high frequency of car rentals, this region is a...

We analyze the role of innovation in the technological development of four new members of the European Union: the Czech Republic, Hungary, Poland, and Slovakia. For that purpose, we use a novel approach, modeling the empirical relationship between intraindustrial bilateral trade flows, which...

Migration in the Commonwealth of Independent States (CIS) has become a very complex phenomenon due to changing political systems, diverging economic and demographic situations, and issues related to border management in the successor states to the former Soviet Union. In this paper, we...

The paper focuses on the question of how labor market regulations can affect a country’s competitive position in international trade and international trade patterns. The analysis shows that differences in labor market flexibility between countries affect their competitive positions in...

The ideal measure of inflation should reflect long-run price movements driven by actual demand in the economy and exclude short-term supply shocks. Considering that the CPI does not correspond to such a measure, the purpose of this research is to analyze alternative methods of core (or...

The ideal measure of inflation should reflect long-run price movements driven by demand in the economy and exclude short-term supply shocks. Since the consumer price index is not such a measure, the purpose of this research is to analyze alternative methods of core (or underlying) inflation and...

This article analyses the possible impact of planned monetary integration on public sector revenue from seigniorage in Belarus, Kazakhstan and Russia. Using the concept of total gross seigniorage, we investigate the main sources and uses of the central bank revenue in these countries. Special...