wiiw Balkan Observatory

  2016 11 wiiw bo wp 125 Vladimir Gligorov The Transfer and Adjustment Problems in the Balkans (PDF)   Abstract How to deal with significant external imbalances due to persistent cross-border financial flows which eventually dry out while accumulated foreign debts need to be financed from increased exports? Keynes and Ohlin, primarily, debated an apparently […]

  2016 08 wiiw bo wp 124 Isilda Mara and Michael Landesmann Massive Migration and its Effect on Human Capital and Growth: The Case of Western Balkan and Central and Eastern European Countries (PDF)   Abstract We analyse the effect of massive migration particularly from the Western Balkans and the Central and Eastern European countries […]

  2016 06 wiiw bo wp 123 Mario Holzner, Amat Adarov and Luka Šikić Backwardness, Industrialisation and Economic Development in Europe (PDF)   Abstract The present work uses long-term economic development data (1952-2010) as well as a detailed industry-level panel data (1963-2011) to analyse industrialisation patterns in Europe, implications of economic backwardness and the role […]

  2016 06 wiiw bo wp 122 Ivo Bićanić, Milan Deskar-Škrbić and Jurica Zrnc A Narrative Explanation of Breakpoints and Convergence Patterns in Yugoslavia and its Successor States 1952-2015 (PDF)   Countries covered: Yugoslavia

  2016 05 wiiw bo wp 121 Eduard Alvarez, Mario Holzner, Stefan Jestl and Jordi Marti-Henneberg Introducing Railway Time in the Balkans: Economic effects of railway construction in Southeast Europe and beyond since the early 19th century until present days (PDF)   Abstract In this paper we analyse the economic effects of railway infrastructure at […]

  2016 03 wiiw bo wp 120 Elizabeth Dávid-Barrett, Vladimir Gligorov and Jelena Krstić Corruption Risk and Legitimacy in Outsourced Public Service Provision: Evidence from Serbia (PDF)   Abstract The provision of public services is an important way for weak states to build legitimacy, as long as the public regards the allocation of resources as […]

  2016 02 wiiw bo wp 119 Petre Caraiani A quantitative explanation of the low productivity in South-Eastern European economies: the role of misallocations (PDF)   Abstract It is well known that Southeast Europe is the least developed area in Europe. Using a methodology based on the idea of heterogeneous firms, this paper studies the […]

2015 12 wiiw bo wp 118 Zoran Aralica and Nebojsa Stojcic Regional Patterns of Deindustrialization and Prospects for Reindustrialization in South and Central East European Countries (PDF) Abstract Past decades in Central and South East European countries have been characterised with shrinking of manufacturing output and employment. However, little is known about the causes, nature […]

  2015 11 wiiw bo wp 117 Roman Römisch Estimating agglomeration in the EU and the Western Balkan regions (PDF) Abstract The paper develops a model to consistently estimate agglomeration and agglomeration economies in European NUTS3 regions. It is based on the empirical observation that the size of population across regions as well as of […]