Melitz’s dynamic model of export participation is the basis of our empirical specification that accounts for a wide range of internal and external factors affecting the export behaviour of small and medium-sized enterprises (SMEs) in Transition Countries (TCs). Using firm-level data, our...

We investigate the finance-growth nexus for a sample of thirteen transition economies over the period 1995–2007 using panel cointegration tests and a panel error-correction model. By combining results for models with alternative dependent variables and several measures of financial...

Our article highlights that there is an interrelationship between the competitive strategy of the retailer, the core competencies, the direction of internationalization, and the extent and nature of adjustment. The strategy defines the core competencies and business model that the retailer...

The main purpose of this paper is to evaluate the impact of different types of income comparison on subjective well-being in transition countries and developed European countries. The paper relies on the Life in Transition Survey (European Bank for Reconstruction and Development <CitationRef CitationID="CR8">2011</CitationRef>), which was...</citationref>

This paper investigates the short to medium-term empirical relationships between the current account balances and a broad set of macroeconomic determinants in Serbia and selected CEE countries. Using novel model averaging techniques we focus the analysis to individual country’s data only. The...

Most of the transition countries in Europe had significant benefits from the EU enlargement but the positive effects depend also from the structure of the economy and reforms of these countries. It’s important to analyze: if transition countries ensured sustainable economic reforms or just...

This study measures economic performances of the 15 transition economies for two periods: The Soviet Union period and transition period. These periods include data of countries for 1970-1989 and 1991-2005. It is known that centrally planned economies are mainly criticized for widespread economic...

What affects individual preference for different types of political regime? This paper investigates the determinants of individual preferences for democratic values and looks at differences in impact of influencing factors in transition and non-transition countries. It combines both individual...

The problem of employment has been the issue of concern to European governments in recent years. An important role in job creation belongs to SMEs. The purpose of this article is the analysis and evaluation of quantitative and qualitative characteristics of employment in SMEs in the Republic of...