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1.
Inflation, inflation uncertainty and economic growth in Tunisia : nonlinear modelling framework
Thouraya Dammak Boujelbene, Khoutem Ben Jedidia, 2025, izvirni znanstveni članek

Opis: Inflation uncertainty is a critical factor influencing not only the market mechanisms but also the economic activity efficiency. In this paper, we investigated the relationship between inflation and growth to capture the impact of inflation uncertainty in Tunisia. The study relied on a dataset covering the period 1984.01-2018.08 and was characterized by a nonlinear specification. We used Hansen’s (2001) Threshold Regression (TR) analysis to determine one threshold effect of inflation on growth while explaining the role of inflation uncertainty in the whole process. This study concluded that an optimal inflation rate does exist. Under this rate, a little rise in inflation may enhance economic growth, allowing an adverse impact of inflation uncertainty. Above the critical threshold of 3%, it was revealed that inflation and inflation uncertainty play opposite roles: while the former harms growth, the latter benefits it. Thus, we cannot sustain the Friedman-Ball hypothesis for the two regimes. To the best of the authors’ knowledge, this is the first study that aimed to investigate the simultaneous effects of inflation and inflation uncertainty on growth in Tunisia using a non-linear methodology. This study aims to fulfil the knowledge gap of such studies for developing countries.
Ključne besede: threshold regression model, inflation, inflation uncertainty, economic growth, Tunisia
Objavljeno v DKUM: 01.08.2025; Ogledov: 0; Prenosov: 4
.pdf Celotno besedilo (533,73 KB)
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2.
Entrepreneurial dynamism and sustainability : unveiling Europe’s economic growth patterns through cluster analysis
Barbara Bradač Hojnik, Karin Širec, 2024, izvirni znanstveni članek

Opis: This paper highlights the complex relationship between entrepreneurship, sustainable development, and economic growth in 41 European countries, using a reliable K-Means cluster analysis. The research thoroughly evaluates three key factors: the SDG Index for sustainable development, GDP per capita for economic well-being, and the New Business Density Rate for entrepreneurial activity. Our methodology reveals three distinct narratives that embody varying degrees of economic vitality and sustainability. Cluster 1 comprises the financially stable and sustainability-oriented countries of Western and Northern Europe. Cluster 2 showcases the variegated economic and sustainability initiatives in Central and Southern Europe. Cluster 3 envelopes the economic titans with noteworthy business expansion but with the potential for better sustainable practices. The analysis reveals a favourable association between economic prosperity and sustainable development within clusters, although with nonlinear intricacies. The research concludes with a series of strategic imperatives specifically crafted for each cluster, promoting economic variation, increased sustainability, invention, and worldwide collaboration. The resulting findings highlight the crucial need for policy-making that considers the specific context and the potential for combined European resilience and sustainability.
Ključne besede: entrepreneurship, sustainable development, economic growth, economic diversification, policymaking, European countries, K-Means clustering
Objavljeno v DKUM: 02.07.2025; Ogledov: 0; Prenosov: 2
.pdf Celotno besedilo (369,95 KB)
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3.
Determinants of income inequality in the selected group of European countries : a panel data analysis
Darja Boršič, Simon Matej Podgoršek, 2024, izvirni znanstveni članek

Opis: The paper focuses on providing basic characteristics of income inequality in a group of selected European countries in the period from 2000 to 2019. After presenting stylized facts and brief literature review, the paper proceeds to empirical analysis of income inequality in the observed countries by panel data techniques. Fixed and random effects models are estimated. After Hausman test approved the usage of fixed effects model, it was tested for serial correlation and robust standard errors were calculated. The empirical analysis of the determinants of income inequality shows that GDP growth, share of population in upper 10% of income percentile, Human Development Index and unemployment rate increase income inequality measured by Gini index, while share of workforce and share of population with tertiary education decrease income inequality. The results of the empirical analysis provide insight into determinants of income inequality, which may be useful for economic policy decision makers in their efforts to decrease the income inequality.
Ključne besede: income inequality, Gini index, economic growth, panel analysis, fixed effects model
Objavljeno v DKUM: 30.06.2025; Ogledov: 0; Prenosov: 7
.pdf Celotno besedilo (1020,83 KB)
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4.
Supply chain perspectives for achieving economic growth and environmental sustainability
Rebeka Kovačič Lukman, Kristijan Brglez, Maja Fošner, 2024, drugi znanstveni članki

Opis: A resilient supply chain is crucial for economic growth and the well-being of economies. However, it contributes to environmental challenges, such as resource extraction, material usage, climate change and biodiversity. This Special Volume of the Journal of Logistics, Supply Chain, Sustainability, and Global Challenges explores current research directions and challenges while offering solutions for sustainable supply chains. The volume examines existing European policy directives and strategies to comprehensively understand sustainable supply chain requirements. It conducts a content analysis of the current research in the field. The authors present valuable theoretical insights and empirical case studies addressing the interplay between sustainable supply chains, economic growth, and environmental impact mitigation. The papers in this Special Volume highlight the holistic and interconnected nature of the supply chain field and emphasise that there is still significant potential for improving supply chain processes to enhance their sustainability.
Ključne besede: sustainable supply chains, economic growth, environmental impact, industry 4.0
Objavljeno v DKUM: 01.10.2024; Ogledov: 0; Prenosov: 379
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5.
Economic growth and environmental sustainability determinants : a panel ARDL evidence for EU Countries
Ardita Bytyqi, Hyrije Abazi-Alili, Shenaj Hadzimustafa, 2024, izvirni znanstveni članek

Opis: Economic growth and environmental sustainability nowadays are considered to be of particular importance, so understanding the main contributing factors is very important as well. This paper aims to examine the common determinants of economic growth and environmental sustainability, inspect the relationship between these key elements, and check their significance in economic growth and environmental sustainability. With data from EU member states for a period of ten years (2011-2020) the panel autoregressive distributed lag technique (ARDL) is used for the aim of this paper. Common determinants such as recycling and environmental taxes were found to be the major contributors to economic growth in the long run. Recycling is found to be a major contributor to environmental sustainability as well, however, environmental taxes are detected to have a negative impact on environmental sustainability in the long run, but none of these determinants have any impact in the short run.
Ključne besede: economic growth, environmental sustainability, ARDL, sustainable development
Objavljeno v DKUM: 01.10.2024; Ogledov: 0; Prenosov: 112
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6.
Assessing the situation of micro, small, and medium-sized enterprises in the emerging markets of Egypt under COVID-19 implications
Nourhan Ahmed Saad, Sonja Mlaker Kač, Sara El Gazzar, 2023, izvirni znanstveni članek

Opis: Micro, Small, and Medium-sized Enterprises (MSMEs) play a vital role in emerging economies, thus this research aims at assessing the current situation of Egyptian MSMEs under COVID-19 pandemic and identifying the role of Egyptian MSMEs in economic growth and development. This research adopted qualitative design; 24 semi-structured interviews were conducted with different eco-system stakeholders and MSMEs’ managers using content analysis to analyse collected data based on NVivo software. The findings revealed the importance of MSMEs sector in the emerging markets as well as global ones. Additionally, MSMEs play a significant role in enhancing country’s economic growth and development, particularly in GDP, job opportunities, domestic products/services, national income, sub-contractor, and individual/society welfare. Furthermore, the findings identify the main challenges that face Egyptian MSMEs under COVID-19 implications through analysing the four main strategic factors and concluded by policy recommendations that could be implemented by MSMEs’ owners to take full advantage in the Egyptian context and their contribution on country’s economic growth.
Ključne besede: MSMEs sector, COVID-19, economic growth, egyptian context, policy action
Objavljeno v DKUM: 17.07.2024; Ogledov: 127; Prenosov: 24
.pdf Celotno besedilo (587,68 KB)
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7.
FDI and economic growth : a new look from the sectoral perspective
Vladimir Šimić, Lena Malešević-Perović, 2022, izvirni znanstveni članek

Opis: This paper investigates the impact of foreign direct investment (FDI) on economic growth in a sample of 10 ex-socialist European and Asian countries. While the link between FDI and economic growth has been extensively investigated in empirical literature, this paper contributes to this literature by econometrically investigating the effects of FDI inflows in specific sectors using the panel data estimation techniques. In addition to confirming the positive impact of total FDI inflows on economic growth, using the WiiW (the Vienna Institute for International Economic Studies) FDI database, which disentangles the FDI data across different industries, the paper finds significant effects of FDI inflows in manufacturing on growth, whereas FDI inflows in other sectors are only sporadically statistically significant. This finding serves as a basis for further investigation of the specific subsectors (NACE 2-letter classification) within manufacturing, and the empirical investigation finds that not all FDI inflows within manufacturing enhance economic growth.
Ključne besede: FDI, economic growth, sectoral data, manufacturing
Objavljeno v DKUM: 19.06.2023; Ogledov: 435; Prenosov: 8
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8.
Minority shareholder protection in group of companies and its effect on the economic growth : the case of Slovenia
Til Rozman, 2014, izvirni znanstveni članek

Opis: Building on some of the key findings of the so-called law matters theory and its criticism, and taking into account that the economic growth of the Slovenian economy is weak, this paper emphasizes the importance of the minority shareholder protection for the economic growth. Since a group of companies has become the prevailing form of large enterprises, the focus of the paper is on the outside minority shareholder protection. Although groups of companies are a well-known and established topic in several law sectors at the national and the EU level (competition law, tax law, labour law etc.), they are only seldom the subject of the national or EU company law. However, Slovenia is one of only a few member states that have codified company law relating to group of companies. This paper finds that Slovenian normative framework provides a comprehensive protection for outside minority shareholder. As it is especially the enforcement matters that are relevant, not only the codified law (in books), further research on the Slovenian company law relating to group of companies is legitimate and necessary, and should revolve around the question of whether the regulation has achieved the desired objectives in the practice.
Ključne besede: minority shareholder protection, group of companies, economic growth, corporate governance, Slovenian law relating to group of companies
Objavljeno v DKUM: 02.08.2018; Ogledov: 1535; Prenosov: 65
.pdf Celotno besedilo (364,89 KB)

9.
Productivity and economic growth in the European Union : impact of investment in research and development
Andreja Nekrep, Sebastjan Strašek, Darja Boršič, 2018, izvirni znanstveni članek

Opis: This paper focuses on investment in research and development as a factor of labour productivity and economic growth. Our analysis confirms the link between expenditure for research and development (expressed in % of GDP) and labour productivity (expressed in the number of hours worked) based on selected data for EU Member States in the period 1995-2013. A causal link between variables of the concave parabola was confirmed, and the value of expenditure for research and development (2.85% of EU GDP) maximising productivity (per hour of work) was determined based on the examined data. In accordance with these findings, EU’s target of reaching 3% of GDP spent on research and development to be achieved by 2020 seems in support of reaching maximum productivity in the EU.
Ključne besede: investment in research and development, productivity, economic growth, correlation, panel analysis
Objavljeno v DKUM: 03.05.2018; Ogledov: 1991; Prenosov: 253
.pdf Celotno besedilo (852,11 KB)
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10.
Greenfield and brownfield investments and economic growth : evidence from Central and Eastern European Union countries
Yilmaz Bayar, 2017, izvirni znanstveni članek

Opis: Global foreign direct investment flows in terms of greenfield and brownfield investments have increased during the recent three decades resulting from the accelerating globalization. The considerable increases in the flows of foreign direct investment have many eventualities for the national economies. This study investigates the mutual effects among greenfield and brownfield (mergers and acquisitions) investments and economic growth in Central and Eastern European Union countries during the 2003–2015 period employing panel data analysis. The findings revealed that both greenfield and brownfield investments had positive influence on the economic growth, but the influence of greenfield investments was found to be relatively higher. Furthermore, one-way causality was discovered from both greenfield and brownfield investments to the economic growth.
Ključne besede: greenfield investments, brownfield investments, economic growth, panel data analysis, Central and Eastern European Union countries
Objavljeno v DKUM: 03.05.2018; Ogledov: 3222; Prenosov: 239
.pdf Celotno besedilo (349,83 KB)
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