This study explores the interconnection between human factors and social factors and analyses the relations influenced by the specific activity and age of firms. A statistical approach is implemented which applies factor analysis techniques, based on a sample of small and medium sized firms from...

This paper reviews research that uses longitudinal microdata to document productivity movements and to examine factors behind productivity growth. The research explores the dispersion of productivity across firms and establishments, the persistence of productivity differentials, the consequences...

Structural change is a phenomenon that is experienced as a result of changes that are affecting economic and social environment in a certain country. In 2000 Serbia has entered into a long period of economic transition. Since, it has gone through a harsh economic structural change. Following the...

International capital flows, transfer of real and financial funds between different countries’ legal entities became very intensive after WWII. Importance of foreign investments in the world market is continuously growing since. The level of foreign investments has significantly fluctuated...

We use a newly assembled sample of 1,528 regions from 83 countries to compare the speed of per capita income convergence within and across countries. Regional growth is shaped by similar factors as national growth, such as geography and human capital. Regional convergence rate is about 2 % per...