The goal of this research is to test the Heckscher-Ohlin' theorem of comparative advantages on the sample of the Republic of Croatia and other European Union member countries. Heckscher-Ohlin theorem of comparative advantages can largely explain international trade in cases where the sample of...

The main aim of this paper is to identify and to analyze the presence of Non Tariff Barriers (NTBs) imposed to Brazilian exports of steel products by Mercosur's member countries. The NTBs were identified through interviews with Brazilian companies and through questionaries sent to Brazilian...

The paper starts by reviewing a recent contribution on long-waves, in order to recall the essential points of a theory that, better than any other, is able to explain the long term development of capitalist economies. Considering that the present technological revolution in ICT is part of the...

The Polish Government has introduced Pre-accession Economic Program (PEP) in August 2002. It synthesizes economic goals of the Polish Government until 2005 and is one of two survey elements of the survey and surveillance of public finances - initiated by European Commission in 2001. Polish...

We use a unique cross-country dataset at the loss event level to document the evolution and characteristics of banks' operational risk. After a spike following the great financial crisis, operational losses have declined in recent years. The spike is largely accounted for by losses due to...

This paper uses Data Envelopment Analysis (DEA) model formulations in order to determine the performance levels of 16 departments of the University of Thessaly. Particularly, the constant returns to scale (CRS) and variable returns to scale (VRS) models have been applied alongside with bootstrap...

In the current decentralization reforms and severe budget constraints faced by Eastern European countries, we consider as imperative to analyze the effectiveness of structural funds management at regional level. Therefore, the purpose of this study was to estimate the technical efficiency of...

In the present paper an effort will be made to show empirically that education spending reduces inequality of income distribution. Author supports the view of (José De Gregorio and Jong-Wha Lee, 2002) using a different model for the period 1995-2006. Panel data are elaborated by means of Eviews...

The purpose of the paper is to analyze and present the self-employment needs in some European countries, being the result of a survey realized in Austria, Finland, Poland and Romania in the Leonardo da Vinci program “ Self-Employment - Guidance and Counselling for Self-Employment”. The aim...