This paper evaluates the bias which may occur when trade elasticities are estimated using data on aggregate trade, instead of using data on bilateral trade. The exercise is done on the case of Macedonia. Elasticities obtained from aggregate-trade data, using the Autoregressive Distributed Lag...

The epigenetic valleys as part of the fluvial relief are of special geomorphologic significance. As ostensibly anomalous phenomena, they mirror the inconsistent fluvial relief, i.e. a phase of adjustment of longitudinal profiles of rivers. The subject of research in this paper involved some...

The development of tourism in general besides the anthropogenic factors have important natural features expressed through all their features, and one of them is the climate. When we talk about tourism in rural areas as an alternative form of tourism, we have to look at the climate...

Using a panel dataset of bilateral flows of foreign direct investment (FDI), we study the determinants of FDI in transition economies, with particular reference to Macedonia's performance. As many transition countries, Macedonia has a low FDI potential and performance. The empirical work...

This paper studies how targeted cash transfers to women affect their empowerment. We use a novel identification strategy to measure women's willingness to pay to receive cash transfers instead of their partner receiving it. We apply this among women living in poor households in urban Macedonia....