The paper describes process of electricity market liberalization, and concentrates on one phase - unbundling. First part sums up findings on electricity market liberalization, and explains unbundling principles, initial situation and expected outcome. In the second part unbundling costs are...

The article solves the incentives to the different exchange rate arrangement choice during the transformation and integration period in the Central and East European countries. It follows with the analysis of the industry structure in these economies. It is discussed the existence of its direct...

This article explores development of the industrial structure of the Czech economy in the last ten years from the point of view of the gross value added and employment. It goes from the macroeconomic view at the level of the basic sectors to more detailed view focused on the individual branches....

If taxes are the same across countries and no tariffs are imposed on international trade, the optimal strategy of a multinational firm is to set transfer prices at marginal costs of its affiliated firms. But in reality we observe trade tariffs and tax differences among countries which lead...

This paper deals with the recent empirical phenomenon of intraindustry trade, i.e. trade in similar goods between similar countries. It treats this phenomenon from the point of view of the theory of structure of production, highlighting the importance of sequential nature of production and...

The spatial and regional analysis has a long tradition but until very recently the mainstream economics has not given careful attention to space. This article surveys recent contributions on the spatial or regional economics, which often overlaps with urban economics. As this literature is very...

A number of authors have used the concept of an optimum currency area (or OCA) index to assess the relative proximity of various pairs of economies to the ideal of an optimum currency area. Alas, a significant deficiency of this approach as used so far is that it provides no room for long-term...

The main goal of this paper is to analyse the process of price convergence (beta and sigma convergence) in new EU Member States towards the Euro area (EU-12). The theoretical part of the paper consists of a brief overview of methods that are employed for analyses of the process of price...

Príspevok sa zaoberá integračným procesom západného Balkánu do Európskej únie. Prvá časť je venovaná integračnému procesu a výhodám, ktoré ďalšie rozširovanie prináša tak Európskej únii ako aj novým členským krajinám. Ďalej článok opisuje súčasné postavenie...

Czech Abstract: Článek s užitím teorie optimálních měnových oblastí (OCA) zkoumá, které z nových členských zemí EU jsou vhodným kandidátem přijetí jednotné měny euro. K posouzení vhodnosti přijetí jednotné měny je užit index optimální měnové oblasti. Index je pro...