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Environmental Economics Department

Description of the research objectives and areas of interest

The Environmental Economics Department is dedicated to researching the interdependence of the economy and the environment. Our goal is to provide a comprehensive analysis and evaluation of policies that affect the quality of the environment and the availability of natural resources. The Department covers a wide range of topics in the field of environmental economics and energy economics, focusing on current and relevant areas of research. This includes environmental econometrics and statistics, public economic and environmental policies, economic instruments for environmental financing, green financial reporting, analysis and disclosure and sustainable development. We are dedicated to being a leader in this rapidly evolving innovative field, providing cutting-edge research and analysis that helps inform and shape public discourse on these key issues.

Department members

Selected references

 

  1. Mitić, P., Fedajev, A., Radulescu, M., & Rehman, A. (2023). The relationship between CO2 emissions, economic growth, available energy, and employment in SEE countries. Environmental Science and Pollution Research, 30, 16140-16155. https://doi.org/10.1007/s11356-022-23356-3
  2. Mitić, P., Hanić, A., Kojić, M., & Schlüter, S. (2023). Environment and Economy Interactions in the Western Balkans: Current Situation and Prospects. In: Tufek-Memišević, T., Arslanagić-Kalajdžić, M., Ademović, N. (eds) Interdisciplinary Advances in Sustainable Development. ICSD 2022. Lecture Notes in Networks and Systems, vol 529. pp. 3-21. Springer, Cham. https://doi.org/10.1007/978-3-031-17767-5_1
  3. Kojić, M., Schlüter, S., Mitić, P., & Hanić, A. (2022). Economy-environment nexus in developed European countries: Evidence from multifractal and wavelet analysis. Chaos, Solitons & Fractals, 160, 112189. https://doi.org/10.1016/j.chaos.2022.112189
  4. Schlüter, S., Menz, F., Kojić, M., Mitić, P., & Hanić, A. (2022). A Novel Approach to Generate Hourly Photovoltaic Power Scenarios. Sustainability, 14(8), 4617. https://doi.org/10.3390/su14084617
  5. Fedajev, A., Radulescu, M., Mitić, P., & Bouraoui, T. (2022). Assessment of Electricity Market Liberalization in CEE Economies: A Multicriteria Approach. In: Khan, S.A.R., Panait, M., Puime Guillen, F., Raimi, L. (eds) Energy Transition: Economic, Social and Environmental Dimensions. Springer, Singapore. pp. 165-192. https://doi.org/10.1007/978-981-19-3540-4_6
  6. Jednak, S., Minović, J., & Kragulj, D. (2021). The Role of Foreign Direct Investment, Energy and Pollution in Obtaining Sustainable Economic Development. Polish Journal of Environmental Studies, 30(6), 5051-5063. https://doi.org/10.15244/pjoes/134088
  7. Kojić, M., Mitić, P., Dimovski, M., & Minović, J. (2021). Multivariate Multifractal Detrending Moving Average Analysis of Air Pollutants. Mathematics, 9(7), 711. https://doi.org/10.3390/math9070711
  8. Milošević, D., Savić, S., Kresoja, M., Lužanin, Z., Šećerov, I., Arsenović, D., ... & Matzarakis, A. (2021). Analysis of air temperature dynamics in the “local climate zones” of Novi Sad (Serbia) based on long-term database from an urban meteorological network. International Journal of Biometeorology, 66, 371–384. https://doi.org/10.1007/s00484-020-02058-w
  9. Hanić, A., Jovanović. O., & Stevanović, S. (2021). Environmental Disclosure Practice in the Serbian Banking Sector, Management - Journal of Contemporary Management Issues, 26(2), 115-144. https://doi.org/10.30924/mjcmi.26.2.7
  10. Petrović-Ranđelović, M., Mitić, P., Zdravković, A., Cvetanović, D., & Cvetanović, S. (2020). Economic growth and carbon emissions: evidence from CIVETS countries. Applied Economics, 52(16), 1806-1815. https://doi.org/10.1080/00036846.2019.1679343

Selected projects

 

  1. Subsidies for purchasing electric and hybrid vehicles - SPARK, Internal project of the Institute of Economic Sciences. (2022).
  2. European integration and socio-economic changes of the Serbian economy on the way to the EU, Ministry of Education, Science and Technological Development of the Republic of Serbia - 47009 (2011-2020).
  3. Challenges and perspectives of structural changes in Serbia: strategic directions of economic development and alignment with EU requirements, Ministry of Education, Science and Technological Development of the Republic of Serbia - 179015 (2011-2020).
  4. Enriching tourism offer for persons with visual impairment and blindness – VISITUS – 2017HR-RS87, contractor: European Commission, Interreg IPA CBC Craotia Serbia 2014-2020. (2017-2019).
  5. Analysis of economic instruments for financing the environment in the territory of the City of Novi Sad with a proposal for their improvement, commissioned by: the City of Novi Sad, City Administration for Environmental Protection. (2018-2019).
  6. Strategy for the development of agriculture and rural development of the City of Novi Sad for the period 2018-2022. commissioned by: City of Novi Sad. (2017).
  7. Analysis of the legal and economic aspects of the application of the "polluter pays" principle (fees for environmental protection) with a comparative presentation of policies in the EU, Serbia and selected countries, commissioned by: City of Novi Sad, City Administration for Environmental Protection. (2017-2018).
  8. Cluster for the EU-Assessment Negotiations – Review of Analytical Support, commissioned by: GIZ – Deutsche Gesellschaft für Zusammenarbeit. (2017).
  9. Services for the analysis of the legal and institutional framework of the agricultural land market, assessment of the economic effects of the liberalization of the agricultural land market, as well as recommendations for changes to the domestic legislative and institutional framework and their adequate implementation, within the project "Analytical support for negotiations with the EU", JN 16/16 , commissioned by: GIZ – Deutsche Gesellschaft für Zusammenarbeit / Office for European Integration. (2017).
  10. Economic aspects of costs and benefits of environmental policy in Serbia. contractor: Environmental Protection Fund. (2011).
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