We measure eco-efficiency of an economy by means of an augmented Leontief input-output model extended by constraints for primary inputs. Using a multi-objective optimization model the eco-efficiency frontier of the economy is generated. The results of these multi-objective optimization problems...

Recent discussions on the definition of growth in terms of welfare beyond GDP suggest that it is of urgent need to develop new approaches for measuring the economic performance of the firms and national economies. The new concepts should take into account simultaneously economic as well as...

In the study we deal with two key indicators of economic development, which are economic growth and unemployment. We focus on their theoretical and practical aspects. We analyze their relationship and focus on its development in SR. The main part of the study is evaluation of the relationship...

The paper examines changes and their causes in CO2 emissions in Slovak economy. We use the symmetrical commodity-to-commodity input-output tables to identify the most polluting commodities in the sense of both direct and indirect effects. We decompose these changes into the contribution of (1)...

In the study we propose an index of unemployment caused by structural changes. In the case of employment drop, the index enables to quantify what fraction of jobs has been lost because of ongoing structural changes. The index is based on distinction between temporary and permanent changes in...

The author analyzes and quantifies technology flows between sectors of the Slovak economy due to foreign direct investment. The work focuses on examining spillover effects of technology transfer. We assume that the larger the foreign investment in the sector and greater industrial relationships...

We identify the sources of long-term economic growth in V4 countries and in Finland in this paper. We show the differences in productivity levels and their development over time, with following decomposition of productivity gap to technological backwardness and inefficiency. We deal with an...

We show with using of illustrative example the functioning of the double-stage method for assessing eco-efficiency of firms, which produce not only a desired output, but also an undesirable output. This method is based on the traditional DEA model, namely the additive DEA models, which use the...

We compare the short-term and long-term sources of economic growth in the SR and Austria. The analysis of short-term economic growth is based on the decomposition of demand factors and their contribution to economic growth. Long-term sources of economic growth are analyzed by the means of growth...

In the study we focus on theoretical and practical aspects of the role of the U.S. dollar in current international monetary system. We shortly describe the historical evolution of monetary system when it comes to the dollar position in it. Subsequently, we assess current status of the U.S....