Activity in the mining industry is based on the profitability principle similar to other business sectors. In the case of stone pits, gravel and sand quarries, it presents a very complex task, mainly due to the fact that the economy of localities is influenced greatly by natural conditions,...

Sectoral changes are nowadays an integral feature of economic development in all countries and hence gaining attention of several economists. Structural changes occur in different aggregation levels, from inter-industry change to inter-sectoral change. In this paper we are considering shifts at...

Does globalization restrict the leeway for national budgetary policy? With the help of cluster and discriminant analysis this study provides evidence on the basis of the experience of OECD countries since the 1970s. Four budgetary dimensions are included in the analysis: tax structure,...