New Articles – Economics

Examining climate change awareness and climate-friendly activities of urban residents: A case study in Košice

Veronika Toth, Miriam Sebova

As the impact of climate change begins to be felt all around the world, the vulnerability of urban areas due to their population density, high concentration of economic activities and the altered characteristics of the physical environment is becoming increasingly apparent. As a result, cities will play a crucial role in tackling climate change by fostering mitigation activities and managing and coordinating the adaptation process. Research has shown that engagement and awareness among citizens…

DOI (& full text): doi.org/10.15240/tul/001/2024-1-002 more

Educational attainment as a predictor of poverty and social exclusion: Empirical analysis of Serbian case

Marija Dzunic, Natasa Golubovic, Vesna Jankovic-Milic

This study examines the impact of education on the risk of poverty and social exclusion in a single-country framework. Relying on household and individual level data from the annual EU-SILC survey obtained in Serbia in 2020, we estimate the market and non-market benefits of education in the context of combating poverty and social exclusion in developing countries. Based on a representative sample of the adult population in Serbia, we explore to what extent the risk of poverty and social…

DOI (& full text): doi.org/10.15240/tul/001/2024-1-003 more

Foreign direct investments and participation in global value chains: New evidence from advanced manufacturing industries in Central and Eastern Europe

Ines Kersan-Skabic, Antea Barisic

Foreign direct investments (FDIs) and trade within global value chains (GVC) have been considered one of the most important vehicles of economic development and competitiveness, especially for countries in transition. The countries of Central and Eastern Europe are competing to attract not only high amounts of FDI inflows but they also put emphasis on the FDIs’ sectoral structure. FDI inflows into advanced industries can represent the basis of technological development that will lead to the…

DOI (& full text): doi.org/10.15240/tul/001/2023-4-001 more

Defending the nation, securing the economy

Iulia-Cristina Iuga, Adela Socol

Literature on the effects of military expenses and GDP is mixed, although a significant body of research supports the hypothesis that military expenses positively impact GDP. To contribute to the literature, this article analyses whether military expenditures influenced GDP in 27 European Union member countries from 1998 to 2021 by studying two clusters specific to the analysed countries: NATO and non-NATO countries. The way in which military expenditures affect GDP has been analysed using both…

DOI (& full text): doi.org/10.15240/tul/001/2023-4-002 more

Different modelling approaches of tax revenue performance: The case of Baltic countries

Vera Mirović, Branimir Kalaš, Nada Milenković, Jelena Andrašić

Tax revenue performance represents one of the most essential issues to every government when creating and profiling fiscal policy according to the macroeconomic framework of each country. In particular, this issue comes to the fore in extraordinary circumstances and unstable trends when governments are exposed to greater costs of financing budget deficits and public debts. Tax revenue mobilization shows the government’s ability to collect sufficient revenue to finance government expenditures,…

DOI (& full text): doi.org/10.15240/tul/001/2023-3-002 more