Structural Changes in Serbian Industry during Transition

<p><em>Transition is a complex process whereby a country in transition is stimulating structural changes wishing to achieve economic growth and improved social wellbeing. In this paper the authors aim to show that during transition in Serbia there such changes in the structure of manufac...

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Main Authors: Ivan Nikolić, Jovan Zubović
Format: Article
Language:English
Published: Economics institute, Belgrade 2013-07-01
Series:Industrija
Subjects:
Online Access:http://aseestant.ceon.rs/index.php/industrija/article/view/3884
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author Ivan Nikolić
Jovan Zubović
author_facet Ivan Nikolić
Jovan Zubović
author_sort Ivan Nikolić
collection DOAJ
description <p><em>Transition is a complex process whereby a country in transition is stimulating structural changes wishing to achieve economic growth and improved social wellbeing. In this paper the authors aim to show that during transition in Serbia there such changes in the structure of manufacturing industry occurred, which resulted with only modest ​​growth that in fact was slower than in </em><em>other transitional countries. By the means of theoretical and empirical approach – deductive methods, statistical and mathematical evaluation the authors have come to conclusion that structural changes did not improve industry branches like the hi-tech industry that contribute the most to PPP generation. At the same time, some low productive industries have gained on importance, therefore keeping the standard on the low levels without possibility to rapidly converge towards EU average, which was set as an ultimate goal of transition in Serbia.</em></p>
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spelling doaj.art-0f8cc166cefc44f9a114bb984f2962802022-12-21T19:39:05ZengEconomics institute, BelgradeIndustrija0350-03732334-85262013-07-0141210.5937/industrija41-3884838Structural Changes in Serbian Industry during TransitionIvan Nikolić0Jovan Zubović1Economics Institute, BelgradeEconomics Institute, Belgrade<p><em>Transition is a complex process whereby a country in transition is stimulating structural changes wishing to achieve economic growth and improved social wellbeing. In this paper the authors aim to show that during transition in Serbia there such changes in the structure of manufacturing industry occurred, which resulted with only modest ​​growth that in fact was slower than in </em><em>other transitional countries. By the means of theoretical and empirical approach – deductive methods, statistical and mathematical evaluation the authors have come to conclusion that structural changes did not improve industry branches like the hi-tech industry that contribute the most to PPP generation. At the same time, some low productive industries have gained on importance, therefore keeping the standard on the low levels without possibility to rapidly converge towards EU average, which was set as an ultimate goal of transition in Serbia.</em></p>http://aseestant.ceon.rs/index.php/industrija/article/view/3884RestructuringIndustry StructureTransition countries
spellingShingle Ivan Nikolić
Jovan Zubović
Structural Changes in Serbian Industry during Transition
Industrija
Restructuring
Industry Structure
Transition countries
title Structural Changes in Serbian Industry during Transition
title_full Structural Changes in Serbian Industry during Transition
title_fullStr Structural Changes in Serbian Industry during Transition
title_full_unstemmed Structural Changes in Serbian Industry during Transition
title_short Structural Changes in Serbian Industry during Transition
title_sort structural changes in serbian industry during transition
topic Restructuring
Industry Structure
Transition countries
url http://aseestant.ceon.rs/index.php/industrija/article/view/3884
work_keys_str_mv AT ivannikolic structuralchangesinserbianindustryduringtransition
AT jovanzubovic structuralchangesinserbianindustryduringtransition