621. Optimal exchange rate and fiscal policies for Slovenia on its way into the euro areaReinhard Neck, Gottfried Haber, Klaus Weyerstrass, 2012, izvirni znanstveni članek Opis: This paper analyzes the design of macroeconomic policies for Slovenia on its way into the Euro Area. We simulate different policy scenarios, distinguishing in particular between different exchange rate regimes. For this purpose, we use the model slopol4, a macroeconometric model for Slovenia. We determine optimal exchange rate and fiscal policies for Slovenia as solutions of optimum control problems with a quadratic objective function and the model slopol4 as a constraint. Several optimization experiments are carried out under different assumptions under a fixed exchange rate, a flexible exchange rate and a crawling peg regime approximating Slovenias entry into the Euro Area. The sensitivity of the results is examined with respect to several assumptions.
Ključne besede: makroekonomska politika, ekonometrični modeli, analiza senztitivnosti, Slovenija
Objavljeno v RUP: 15.10.2013; Ogledov: 1976; Prenosov: 87
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625. Restructuring and barriers: cross-country evidence on the competitiveness of exporters in transitionNebojša Stojčić, Heri Bezić, 2012, izvirni znanstveni članek Opis: The behaviour of exporters attracts the attention of researchers and policy makers interested in the competitiveness of their economies. Through participation on the international market, domestic firms can generate foreign exchange needed to pay for imports and learn about new technologies which can be used at home to improve the overall competitiveness of their industries. The paper develops a model in which the ability of firms from transition economies to compete on the international market is defined as a function of their activities, characteristics and features of their environment. The results of our research indicate that sunk costs of entry, technology transfer, innovations and competition play an important role for the decision of firms to export, while once they are on the international market cost advantages become more important.
Ključne besede: izvozna konkurenčnost, vstopni stroški, gospodarstvo, tranzicija, prestrukturiranje, institucije
Objavljeno v RUP: 15.10.2013; Ogledov: 2805; Prenosov: 65
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630. Registration procedure model for establishing a WFOE in the People's Republic of ChinaBoštjan Polajžer, Mirko Markič, 2011, izvirni znanstveni članek Opis: The purpose of this article is to present research outcomes and to compare the establishment of a limited liability company in the European setting and China, and, hence, design a uniform model that could serve to future investors as a framework or instructions for registering a fully foreign owned enterprise in China. A comparative theoretical study of company registration models in the selected European countries was used, on the basis of which we observed that registering a limited liability company in the European setting does not differ significantly from country to country. All national and local legislation as well as the procedures in the EU countries are relatively similar, the only difference in the European setting can be observed in the amount of the start-up capital required and the time for establishment that can take from 1 to 30 days. The research enabled us to set up a uniform theoretical model of establishing a limited liability company in the European setting. On the basis of the research, we established a uniform model that should serve as guidance to future foreign entrepreneurs who intend to establish a wholly foreign owned company in China. The research contributed towards the clarification of some important issues faced by European as well as other international investors who plan to establish a wholly foreign owned company in China, or a company resembling those they establish in their own countries, in their full ownership. The mentioned research and the model of establishing a wholly foreign owned enterprise can serve a guidance or instruction to foreign investors planning to establish their own company in China.
Ključne besede: China, entrepreneurship, management, WFOE
Objavljeno v RUP: 15.10.2013; Ogledov: 4472; Prenosov: 85
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