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Theoretical and Empirical Aspects of Economic Science – 60 Years of Challenges and Opportunities
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10 th International Scientific Conference

THEORETICAL AND EMPIRICAL ASPECTS OF ECONOMIC SCIENCE –

60 YEARS OF CHALLENGES AND OPPORTUNITIES

1 st November, 2018, Belgrade

Organized by

In partnership with

About conference

Honorable colleagues, dear friends,

We proudly announce that the 10 th International Scientific Conference Theoretical and empirical aspects of economic science – 60 years of challenges and opportunities is completed.

This year our conference has a special significance, since it was organized to mark the 60th anniversary of the Institute of Economic Sciences in Belgrade, the great and important jubilee in which we are all very proud. Conference was conceived from three working sessions with important and widely set topics in the field of economics:

  1. Business Economics
  2. Applied Economics
  3. Economic Theory in the last 60 years

agenda

A total of 124 abstracts for all three conference sessions were submitted, and 96 of them have passed. The great response of the international and domestic scientific public, where works were sent by a total of 178 authors from 21 countries around the world, speaks about the renome and importance of the Institute of Economic Sciences as scientific research institution on international scale.

The general purpose of the Conference was to provide opportunity for researchers to meet and discuss on theoretical and empirical economic issues, and to provide participants the opportunity to attend lectures from the keynote speakers from leading research institutions and universities. Specific goal of the conference was to lead discussions on most recent challenges and opportunities in economic area with policy makers and other participants, and enjoy great networking opportunities.

We would like to thank all the authors, reviewers, program and organization committee members and keynote speakers for their contribution to the successful accomplishment of this conference.

Book of Abstracts here >>>

Keynote Speakers

  • Mario Holzner

    The Vienna Institute for International Economic Studies, Vienna, Austria

  • Mirko Savić

    Faculty of Economics Subotica, University of Novi Sad, Serbia

Topics

1. BUSINESS ECONOMICS (Official language: English)

  1. Business Economics in the Digital Age
  2. Entrepreneurship and SME in emerging countries
  3. Strategic management and marketing
  4. Human resource management: new digital challenges
  5. Corporate governance issues

2. APPLIED ECONOMICS (Official language: English)

  1. Economic modelling
  2. Investments
  3. Risk management
  4. Education and labour market
  5. Financial markets

3. HISTORY OF ECONOMIC THEORY 1958-2018 (Official language: Serbian and English)

  1. Traps and controversies of socialist economy / Zamke i protivurečnosti ekonomije socijalizma
  2. Theoretical alternatives of neoliberalism / Teorijske alternative neoliberalizma
  3. Transition reversal / Tranzicioni preokret
  4. The influence of ideologies on the conception of economic theories / Uticaj ideologija na koncipiranje ekonomskih teorija
  5. The ratio of economic empires to the prevailing economic doctrine / Odnos ekonomske empirije prema vladajućoj ekonomskoj doktrini
  6. The contradictions of rising income inequalities / Protivurečnosti rastućih dohodovnih nejednakosti

Event schedule

  • 9:00 - 9:30

    Registration of Participants

  • 9:30 - 9:45

    Introduction - Room A1

    Ivana Domazet, President of a Programing Committee, Institute of Economic Sciences, Belgrade

     

  • 9:45 - 11:00

    Plenary Session - Room A1

    1. Mario Holcner, The Vienna Institute for International Economic Studies, Vienna, Austria
      CHALLENGES AND OPPORTUNITIES FOR SOUTHEAST EUROPE: PAST AND FUTURE
    2. Mirko Savić, Faculty of Economics Subotica, University of Novi Sad, Serbia
      DUAL EDUCATION IN THE EHEA COUNTRIES – EXPERIENCES AND RESULTS
  • 11:00 - 12:10

    Session Ia – Business Economics, part 1
    ROOM S2 (Second floor)

    Moderator: Vladimir Simović, Institute of Economic Sciences, Belgrade, Serbia

    1. CONVERGENCE CHALLENGES IN DIGITAL BUSINESS ENVIRONMENT OF WESTERN BALKAN COUNTRIES
      Boban Stojanović, Zorana Kostić
    2. DIGITAL MARKETING USAGE IN A SMS’S IN MACEDONIA, AN EMPIRICAL STUDY
      Dimitar Jovevski, Snezana Ristevska Jovanovska
    3. GREEN JOBS-POTENTIAL FOR EMPLOYMENT IN THE REPUBLIC OF SERBIA
      Simonida Vukadinović, Siniša Domazet
    4. GREEN JOBS-POTENTIAL FOR EMPLOYMENT IN THE REPUBLIC OF SERBIA
      Simonida Vukadinović, Siniša Domazet
    5. WEB BASED PROJECT MANAGEMENT EDUCATION IN STUDENT POPULATION OF SERBIA
      Dragan Bjelica, Dejana Pavlović
    6. STRESS MANAGEMENT AMONG EMPLOYEES IN LOGISTICS SECTOR
      Kiril Postolov, Lidija Pulevska Ivanovska
    7. IMPLEMENTATION OF GAMIFICATION IN HEIS IN THE REPUBLIC OF MACEDONIA
      Martin Kiselicki, Saso Josimovski
  • 11:00 - 12:10

    Session IIa – Labour Economics
    ROOM S1 (First floor)

    Moderator: Jovan Zubović, Institute of Economic Sciences, Belgrade, Serbia

    1. THE ROLE OF SOCIO-PSYCHOLOGICAL VARIABLES IN MIGRANTS’ LABOUR MARKET INTEGRATION: A QUANTITATIVE APPROACH
      Grațiela Georgiana Noja, Nebojša Petrović
    2. EVALUATING THE MEDIUM TERM EFFECTS OF AN EDUCATIONAL PROGRAM
      Marianna Battaglia, Lara Lebedinski
    3. FISCAL CONSOLIDATION EFFECTS ON LABUOR MARKET TRANSITIONS IN SERBIA
      Marko Vladisavljević
    4. ANALYSIS OF THE EFFICIENCY OF HIGHER EDUCATION SECTOR IN THE CENTRAL EASTERN EUROPE
      Andrea Andrejević Panić, Simonida Vukadinović
    5. THE INFLUENCE OF EDUCATION LEVEL ON ECONOMIC GROWTH IN CEE REGION
      Tijana Kaličanin, Milica Bugarčić
  • 10:45 - 13:30

    Sesija IIIa – EKONOMSKA TEORIJA U PERIODU
    1958-2018 I deo
    Soba S3 (treći sprat)

    Moderator: Božo Drašković, Institute of Economic Sciences, Belgrade, Serbia

    1. ISTORIJSKO NASLEĐE I INSTITUCIONALNE PROMENE U ZEMLJAMA CENTRALNE I ISTOČNE EVROPE - PERSPEKTIVA DUGOG TRAJANJA
      Nataša Golubović, Marija Džunić
    2. ZAMKE I PROTIVUREČNOSTI EKONOMIJE SOCIJALIZMA
      Nastasja Stašević
    3. DRUŠTVENI PROIZVOD I EFIKASNOST INVESTICIJA U SOCIJALISTIČKOJ JUGOSLAVIJI: 1947-1987
      Jelena Minović, Vesna Aleksić
    4. (I)RACIONALNOST EKONOMISTA U PROUČAVANJU TRANZICIJE: INSTRUMENTALNA STUDIJA SLUČAJA
      Slavica Manić
    5. MAKROEKONOMSKA TEORIJA I POLITIKA IZMEĐU STABILIZACIJE I RASTA: ISKUŠENJA I STRAMPUTICE EKONOMSKE POLITIKE SRBIJE
      Petar Đukić
  • 12:20 - 13:30

    Session Ib – Business Economics, part 2
    ROOM S2 (Second floor)

    Moderator: Sonja Đuričin, Institute of Economic Sciences, Belgrade, Serbia

    1. EVOLUTION AND ADEQUACY OF PRINCIPLES FOR STAKEHOLDERS IN CORPORATIONS
      Spartak Keremidchiev
    2. ANALYSIS OF THE INSTITUTIONAL SUPPORT FOR THE DEVELOPMENT OF SMALL AND MEDIUM ENTERPRISES IN THE REPUBLIC OF MACEDONIA
      Marija Magdincheva-Shopova, Magdalena Miceva
    3. WOMEN ENTREPRENEURESHIP IN SERBIA – POTENTIALS AND CONSTRAINTS
      Olivera Jovanović, Milena Lazić
    4. THE INFLUENCE OF THE TRANSITION REVIEW ON ECONOMIC DEVELOPMENT THE REPUBLIC OF SERBIA
      Brankica Todorović
    5. RESEARCH OF THE ECONOMIC EFFECTS OF INVESTMENT IN HYDROELECTRIC POWER PLANTS IN THE REPUBLIC OF SERBIA AND BOSNIA AND HERZEGOVINA
      Zdravko Bijelić, Dragan Miletić
    6. COMPETITIVENESS OF THE SERBIAN ECONOMY THROUGH THE PRISM OF TAX INCENTIVES FOR FOREIGN INVESTORS
      Darko Marjanović
  • 12:20 - 13:30

    Session IIb – Applied Economics
    ROOM S1 (First floor)

    Moderator: Mihajlo Đukić, Institute of Economic Sciences, Belgrade, Serbia

    1. IN SEARCH FOR RESEARCH AND INNOVATION STRATEGY FOR SMART SPECIALISATION OF THE REPUBLIC OF SERBIA: CHALLENGES BETWEEN THEORY AND REALITY
      Đuro Kutlača
    2. THE COMPETITIVENESS OF INSURANCE MARKET IN SERBIA
      Tijana Kaličanin, Edin Hanić
    3. DO BUSINESS REGULATIONS PROMOTE GROWTH IN LOW-INCOME COUNTRIES?
      Bogdan Dima, Ştefana Maria Dima
    4. ASSESSING ORGANIZATIONAL MATURITY IN PREDICTIVE ANALYTICS OF TELECOMMUNICATION COMPANIES IN THE REPUBLIC OF MACEDONIA
      Kalina Trenevska-Blagoeva, Marina Mijoska
    5. THE RELATIONSHIP BETWEEN CO2 EMISSIONS AND REAL GDP IN SEE COUNTRIES
      Petar Mitić, Slobodan Cvetanović
    6. LEGISLATIVE REGULATIONS AND FINANCIAL FACTORS AS SIGNIFICANT FACTOR IN SCIENTIFIC PRODUCTION IN SERBIA
      Jelena Ješić, Andrea Andrejević Panić
    7. EVALUATION OF YOUTH POLICY IN SERBIA OVER THE PERIOD 2015-2017. RESULTS, CHALLENGES AND PERSPECTIVES
      Mihajlo Đukić, Duško Bodroža
  • 13:30 - 14:30

    Lunch, Cocktail – Room vip (1 st floor)

  • 12:20 - 13:30

    Session IIc – Financial Economics
    ROOM S1 (First floor)

    Moderator: Isidora Ljumović, Institute of Economic Sciences, Belgrade, Serbia

    1. IMPACT OF THE FINANCIAL SECTOR ON ECONOMIC GROWTH IN EMERGING COUNTRIES
      Hasan Hanić, Milica Bugarčić
    2. BOOTSTRAP PANEL CAUSALITY ANALYSIS OF RELATIONSHIPS BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH IN EMERGING MARKETS Ayşegül Akça, Mustafa Özer
    3. BOOTSTRAP PANEL CAUSALITY ANALYSIS OF RELATIONSHIPS BETWEEN CURRENT ACCOUNT DEFICITS AND ECONOMIC GROWTH IN SOUTHEASTERN EUROPEAN COUNTRIES
      Hatice Altınok, Mustafa Özer
    4. SERVICE QUALITY MANAGEMENT IN BANKING SECTOR IN CRISIS AREA: CASE STUDY OF NORTHERN KOSOVO
      Isidora Ljumović, Krsto Jakšić
    5. PUBLIC DEBT GROWTH, THE GREAT RECESSION AND FISCAL CONSOLIDATION-THE SERBIAN EPISODE
      Vladimir Andrić, Jelena Minović
    6. IMPACT OF CHANGES IN EXISE POLICY ON DISTRIBUTION OF HOUSEHOLD INCOME IN SERBIA
      Jovan Zubović
    7. EVALUATING MONETARY POLICY RESPONSE FUNCTION - THE CASE OF SERBIA
      Milena Lazić
  • 14:30 -

    Sesija IIIb – EKONOMSKA TEORIJA U PERIODU
    1958-2018 II deo
    Soba S3 (treći sprat)

    Moderator: Božo Drašković, Institute of Economic Sciences, Belgrade, Serbia

    1. NOVI KONSENZUS U MAKROEKONOMIJI I NJEGOVE IMPLIKACIJE ZA TRANZICIONE PRIVREDE
      Vladimir Mihajlović
    2. MOGUĆNOSTI I GRANICE ANALIZE VREDNOSTI, CENA I RASPODELE “KLASIČNE TRADICIJE
      Boban Stojanović
    3. DVA PREOKRETA OD KAPITALIZMA KA SOCIJALIZMU I OD SOCIJALIZMA U KAPITALIZAM
      Božo Drašković
    4. OPTIMALNO PRIVREĐIVANJE - EKONOMIJA BUDUĆNOSTI
      Zdravko Bijelić, Biljana Milanović
    5. NOVA SOCIJALNA EKONOMIJA I DRUŠTVENO BLAGOSTANJE
      Brankica Todorović
    6. GROWTH OF MONTENEGRIAN ECONOMY: 1990 – 2016
      Milenko Popović
    7. DRUŠTVENI UTJECAJ CENTRALNO PLANIRANE EKONOMIJE U SOCIJALISTIČKOJ HRVATSKOJ – PRIMJER VUKOVARA
      Sandra Cvikić, Ivana Žebec Šilj
    8. KOOPERACIJA – MREŽA PREDUZEĆA UKLJUČENIH U PROIZVODNJU AUTOMOBILA FABRIKE “CRVENA ZASTAVA” U KRAGUJEVCU
      Ranka Gašić
    9. REFLECTION OF INNOVATIONS AND CONCENTRATION ON COMPETITION IN THE ELECTRONIC COMMUNICATIONS MARKET
      Igor Novaković, Zorana Kostić

Committees

International Scientific Committee

  • Ivana Domazet, PhD, President of Scientific Committee, Institute of Economic Sciences, Serbia
  • Jovan Zubović, PhD, Institute of Economic Sciences, Serbia
  • Mario Holzner, PhD, The Vienna Institute for International Economic Studies, Vienna, Austria
  • Mustafa Özer, PhD, Anadolu University, Faculty of Economics Administrative Sciences, Turkey
  • Sabri Boubaker, PhD, South Champagne Business School, France
  • Nadia Abaoub Ouertani, PhD, Ecole Supériure de Commerce, Université de Manouba, Tunisia
  • Jean-Vasile Andrei, PhD, Petroleum and Gas University of Ploiesti, Prahova, Romania
  • Fateh Belaïd, PhD, School of Pont & Chaussées and Littoral University, France
  • Antonio Portugal, PhD, University of Coimbra, Coimbra, Portugal
  • Bogdan Dima, PhD, Faculty of Economics and Business Administration, West University of Timisoara, Romania
  • Damien Bazin, PhD, University Nice Sophia Antipolis, Nice, France
  • Stefana Maria Dima, PhD, East European Center for Research in Economics and Business, Faculty of Economics and Business Administration, West University of Timisoara, Romania
  • Carmine D'Arconte, PhD, IUSM, Università degli Studi di Roma, Foro Italico, Italy
  • Krum Krumov, PhD, University "St. Kliment Ohridski", Bulgaria
  • Marta Simoes, PhD, University of Coimbra, Coimbra, Portugal
  • Mirela Panait, PhD, Petroleum and Gas University of Ploiesti, Prahova, Romania
  • Xavier Richet, PhD, University Sorbonne Nouvelle – Paris 3, Paris, France
  • Horst Brezinski, PhD, Technische Universität Bergakademie Freiberg, Freiberg, Deutschland
  • Rochdi Feki, PhD,, Sfax Business School, University of Sfax, Tunisia
  • Driss Guerraoui, PhD, University Mohammed V, Rabat, Morocco
  • Jovan Zafiroski, PhD, SS. Cyril and Methodius University in Skopje, Macedonia
  • Maks Tajnikar, PhD, University of Ljubljana, Slovenia
  • Dubravka Jurlina Alibegović, PhD, Institute of Economics, Zagreb, Croatia
  • Maruška Vizek, PhD, Institute of Economics, Zagreb, Croatia
  • Andriana Rogošič, PhD, Faculty of Economics, Split, Croatia
  • Ana Mugoša, PhD, Faculty of Economics, Podgorica, Montenegro
  • Jovan Ateljević, PhD, Faculty of Economics, Banja Luka, Bosnia and Herzegovina
  • Drini Imami, PhD, Faculty of Agriculture, Tirana, Albania
  • Nouri Chtourou, PhD, Faculty of Economics and Management, University of Sfax, Tunisia
  • Vasileios Kallinterakis, PhD, University of Durham, United Kingdom
  • Alen Host, PhD, University of Rijeka, Rijeka, Croatia
  • Marianna Sinicakova, PhD, Technical University of Kosice, Slovakia
  • Diego Begalli, PhD, University of Verona, Italy
  • Dragos Simandan, PhD, Geography Department, Brock University, Canada
  • Raghu Bir Bista, PhD, Tribhuvan University, Nepal
  • Muhammad Shoaib Farooq, PhD, Institute of Business and Management, University of Engineering and Technology, Lahore, Pakistan
  • Agrawal Reena, PhD, Jaipuria Institute of Management, Luckow, Uttar Pradesh, India
  • Sandro Serpa, PhD, University of the Azores, Portugal
  • Muhammad Omolaja, PhD, British-American University, Benin

National Scientific Committee

  • Božo Drašković, PhD, Institute of Economic Sciences, Belgrade
  • Ivan Stošić, PhD, Institute of Economic Sciences, Belgrade
  • Mirjana Radović-Marković, PhD, Institute of Economic Sciences, Belgrade
  • Aleksandar Grubor, PhD, Faculty of Economics, Subotica, University of Novi Sad
  • Hasan Hanić, PhD, Belgrade Banking Academy, Belgrade
  • Srdjan Redžepagić, PhD, Belgrade Banking Academy, Belgrade
  • Andrea Andrejević Panić, PhD, Educons University, Sremska Kamenica
  • Isidora Ljumović, PhD, Institute of Economic Sciences, Belgrade
  • Aleksandra Bradić-Martinović, PhD, Institute of Economic Sciences, Belgrade
  • Jelena Minović, PhD, Institute of Economic Sciences, Belgrade
  • Slavica Stevanović, PhD, Institute of Economic Sciences, Belgrade
  • Sonja Đuričin, PhD, Institute of Economic Sciences, Belgrade
  • Isidora Beraha, PhD, Institute of Economic Sciences, Belgrade
  • Vladimir Simović, PhD, Institute of Economic Sciences, Belgrade
  • Olja Munitlak-Ivanović, PhD, Institute of Economic Sciences, Belgrade
  • Vesna Aleksić, PhD, Institute of Economic Sciences, Belgrade
  • Pere Tumbas, PhD, Faculty of Economics, Subotica, University of Novi Sad
  • Dejan Petrović, PhD, Faculty of Organizational Sciences, Belgrade
  • Vladimir Obradović, PhD, Faculty of Organizational Sciences, Belgrade
  • Srđan Marinković, PhD, Faculty of Economics, University of Niš
  • Jonel Subić, PhD, Institute of Agricultural Economics, Belgrade
  • Boris Kuzman, PhD, Institute of Agricultural Economics, Belgrade
  • Marko Jeločnik, PhD, Institute of Agricultural Economics, Belgrade
  • Petar Veselinović, PhD, Faculty of Economics, University of Kragujevac
  • Vladan Pavlović, PhD, Faculty of Economics, University of Priština, Kosovska Mitrovica

Organizing Commitee

Chairpersons

  • Božo Drašković, PhD, Institute of Economic Sciences, Belgrade, Serbia
  • Mirjana Radović-Marković, PhD, Institute of Economic Sciences, Belgrade, Serbia
  • Jovan Zubović, PhD, Institute of Economic Sciences, Belgrade, Serbia
  • Ivana Domazet, PhD, Institute of Economic Sciences, Belgrade, Serbia

CONFERENCE OUTPUT

  1. Book of Abstracts
  2. Authors of the accepted abstracts will be invited to select one of the six publication options:
    • To submit the paper for publication in the International Monograph (M14)
    • To submit the paper for publication in the National Monograph (M44)
    • To submit the paper for publication in the Journal Annals of the Faculty of Economics in Subotica (M51)
    • To submit the paper for publication in the Journal Poslovna ekonomija (M51)
    • To submit the paper for publication in the Journal Economic Analysis (M52)
    • To submit the paper for publication in the Journal of Women's Entrepreneurship and Education (M52)
    • To submit the paper for publication in the Journal Strategic Management (M52)
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