This paper estimates the causal relationships between energy consumption and income for Albania, Bosnia and Herzegovina, Serbia, and Macedonia (CESEE - Central, Eastern and Southeastern Europe countries), using cointegration and error-correction modelling techniques. The results indicate that...

This study focuses on the role of financial development in the economic growth of Central, Eastern and South-Eastern European (CESEE) countries in the post-communist era (1995–2014), which coincides with the opening up of financial markets to foreign investors and the global financial crisis....

The aim of this paper is to quantify the long run and short run relationship between debt and economic activity in Central, Eastern and Southeastern European countries. In order to investigate the impact of public debt on economic growth, the paper uses pooled mean group estimator (PMG) for the...