The purpose of this empirical research is estimation of the long-term price and income trade elasticities and their practical application in Thirlwall's economic growth model in the case of the Republic of Macedonia. The estimation is based on ARDL modeling, as one of the most used procedures...

The purpose of this empirical research is estimation of the long-term price and income trade elasticities and their practical application in Thirlwall’s economic growth model in the case of the Republic of Macedonia. The estimation is based on ARDL modeling, as one of the most used procedures...

The purpose of this empirical research is estimation of the long-term price and income trade elasticities and their practical application in Thirlwall’s economic growth model in the case of the Republic of Macedonia. The estimation is based on ARDL modeling, as one of the most used procedures...

Most of the emerging European countries, including Republic of Macedonia, are faced with greater or smaller current account deficits, which raise the concern about their sustainability in the long run. This working paper examines the sustainability of the Macedonian current account deficit using...

Most of the emerging European countries, including Republic of Macedonia, are faced with greater or smaller current account deficits, which raise the concern about their sustainability in the long run. This working paper examines the sustainability of the Macedonian current account deficit using...