The Portuguese growth and convergence experience after EU membership can be divided into two periods: 1986-1998, a convergence period during which growth in the Portuguese economy accelerated and Portugal grew faster than the EU14 average; and a stagnation/divergence period from 1999 onwards when...

The Republic of Serbia has declared accession of the European Union to be the main strategic goal and recognized the EU Sustainable Development Strategy as a guiding framework for the future development. In the first commitment period of Kyoto Protocol (2008-2012) the Republic of Serbia, as...

The main task of competition policy is to ensure and preserve the functionality of the market by providing equal business conditions and equal opportunities for the success to all market participants. A prerequisite to satisfactory results in this field is institutionally defined and completed...

Since its creation in 1957, the European Union (EU) has 27 member states today. The process of the enlargement of the EU is not finished yet, and the EU opens its doors to the other countries, mainly Western Balkan countries – so Serbia is the part. We present here the actual situation of the...

In this paper we look at the evolution of the R&D intensity gap between the EU and its major competitors using data from the Industrial Scoreboard covering the period 2002-2010. We focus on R&D intensity as it is normally recognized as an important determinant of the competitiveness of economic...

The main objective of this paper is to describe and analyse the challenges of an integrated economic modelling for policy support. The quantitative analysis and assessment of agricultural, rural development and related policies (e.g. trade, energy, environment, and climate change) is an...

the process-technology progress which is caused by the improvement of the productive technologies can reduce the demands of the intermediate inputs in the productive process, and then reduce the energy demands and the carbon emissions. Thus, to improve the level of process technologies is an...

Stadial development of countries is among consequences of the neoclassical growth model, called also as Solow model. Moreover, the model, supported by empirical studies, contributed to more refined analysis of economic development on a historical scale and to estimate future dynamics of economic...

The money demand function has been regarded as a fundamental building block in macroeconomic modelling, as it represents the link between the monetary policy and rest of the economy. The extensive literature on money demand function is concerned with the existence of a stable money demand...

This paper discusses the interplay between exports and innovation and both their effects on economic performance. The European Union makes major efforts to improve the innovation performance of its companies with the aim to improve the global competitive position of the Union and create jobs and...