Information on the key sectors of an economy can have important policy implications. This paper identifies key sectors in Croatia based on the recently published input-output table for year 2004. Comparison of different methodological approaches used in the paper suggests that identified key...

Most transition economies have gone through severe changes in the labour market during the 1990s. Under the previous socialist regime, unemployment was virtually non-existent due to the pronounced job security, which was also accompanied by low labour mobility. Studies indicate that one of the...

Most transition economies have experienced a prolonged periods of high unemployment rates and decline of the growth rates at the beginning of transition process. However, after the initial decline in the economic activity, a period of stronger growth rates was recorded in most of the transition...

It is a common belief that investment in transport infrastructure has a positive impact on a regional development. Theories suggest that interaction between infrastructure and regional development can be classified as: 1. theory which suggests that infrastructure follows regional development, 2....

The main goal of the paper is to estimate the NAIRU for Croatian economy and to discuss the implications of this indicator. The paper provides time-varying estimates of the NAIRU for 2000q1-2011q1 period, which were obtained by applying the Kalman filter method. The results reveal that the...

This paper analyses the relative position of the Western Balkan countries (ex-Yugoslavia countries and Albania) in comparison to more advanced European economies in the context of possible further EU enlargement. First, the question of convergence between Western Balkan countries and the EU-15...