The majority of published studies about the relation between institutional and entrepreneurial factors lack of an adequate empirical study. Due to the importance that the institutional environment has acquired in the last few years, we consider necessary a rigorous analysis using quantitative...

The article presents the evaluation of the financial situation of commercial banks in Poland. The ratio analysis shows that the biggest variations between analyzed units were in productivity of tangible fixed assets, share of non-performing loans and overall liquidity. The financial indicators...

Introduction: Common approaches in cost-effectiveness analyses do not adjust for confounders. In nonrandomized studies this can result in biased results. Parametric models such as regression models are commonly applied to adjust for confounding, but there are several issues which need to be...

Orthodox and heterodox economists have promoted different liberalization measures in the economy in accordance with its vision for agriculture and manufacturing sectors. In this paper, we try to determine the impact of external terms of trade and domestic (the latter considers foreign trade...

This paper presents a critical analysis of some of the techniques which are applied in practice to obtain composite indicators from a previous sub-indicator system. In studying each methodology, we identify the advantages and disadvantages associated with them, paying particular attention to...

The research of this paper is about casinos in the southernmost city in the Republic of Macedonia – Gevgelija, its geographical position and their role on the development of gambling tourism. Gambling tourism as a special form of tourism, for some world famous tourist destinations is the main...

This paper evaluates the economic development of China using the New Economic Geography (NEG) as a framework of analysis. The NEG addresses the formation of agglomeration economies accruing to physical linkages in one location leading to the formation of a coreperiphery pattern between the...

Chile's recent success in reducing poverty has been remarkable, with poverty rates falling by approximately two-thirds over the last 20 years. However, further gains against poverty may be inhibited by the increasing difficulty associated with targeting fewer poor people and better, more...