The paper examines the effect of inflation on the growth rate in economies with underground, or ”non-market”, sectors. The model incorporates a non-market good into an endogenous growth cash-inadvance economy with human capital. Taxes on labor and capital induce substitution into the...

This paper presents the results of the second phase of the project whose main objective is to provide an analytical basis for evaluating the level of development of the Croatian territorial units, i.e. municipalities in this particular case. In the second phase, a structural equation model with...

In this paper we describe several regional development-assessment methods and subsequently apply them in a comparative development level analysis of the Slovenian and Croatian municipalities. The aim is to compare performance and suitability of several parametric and non-parametric ranking...

This paper presents the results of the second phase of the project whose main objective is to provide an analytical basis for evaluating the level of development of the Croatian territorial units, i.e. municipalities in this particular case. In the second phase, a structural equation model with...

In this paper we describe several regional development-assessment methods and subsequently apply them in a comparative development level analysis of the Slovenian and Croatian municipalities. The aim is to compare performance and suitability of several parametric and non-parametric ranking...