UTMS Journal of Economics

2010 - 2025

Current editor(s): Prof. Ace Milenkovski, PhD

From University of Tourism and Management, Skopje, Macedonia
Contact information at EDIRC.
Bibliographic data for series maintained by Assistant Professor. Dejan Nakovski, PhD ().

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Volume 8, issue 3, 2017

Front and Back Cover pp. 0-0

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Contents Vol.8 No.3 pp. 1-1

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FOREWORD GUEST EDITOR pp. 3-3

Vlatka Bilas

THE IMPACT OF TOURISM IN ECONOMIC SUSTAINABILITY OF PROTECTED AREAS pp. 209-217

Mijalce Gjorgievski, Ace Milenkovski and Dejan Nakovski

ENTERPRISE RISK MANAGEMENT PRACTICES IN LISTED CROATIAN COMPANIES pp. 219-230

Danijela Milos Sprcic, Ena Pecina and Silvije Orsag

MULTIVARIATE ANALYSIS OF PROFITABILITY INDICATORS FOR SELECTED COMPANIES OF CROATIAN MARKET pp. 231-242

Ana Perisa, Natasa Kurnoga and Martina Sopta

TACKLING THE ILLEGAL PRACTICE OF UNDER-REPORTING EMPLOYEES’ WAGES: LESSONS FROM THE REPUBLIC OF MACEDONIA pp. 243-258

Colin Williams and Slavko Bezeredi

THE NECESSITY OF LEGAL ARRANGEMENT OF UNIT-LINKED LIFE INSURANCE PRODUCTS pp. 259-269

Nikola Dacev

EFFICIENCY OF CROBEX AND CROBEX10 STOCK MARKET INDICES pp. 271-280

Armin Habibovic, Davor Zoričić and Zrinka Lovretin Golubic

FRANCHISE BUSINESS AS A GENERATOR OF DEVELOPMENT IN CENTRAL EUROPE pp. 281-293

Suzana Baresa, Zoran Ivanovic and Sinisa Bogdan

SEVERITY OF THE ISSUE OF EXCLUDED YOUNG PEOPLE IN MACEDONIA FROM EDUCATION, TRAININGS AND EMPLOYMENT: HOW TO COPE WITH? pp. 295-306

Blagica Novkovska

ROLE OF ATTRACTIVENESS FACTORS OF THE OECD COUNTRIES IN IMMIGRATIONS pp. 307-317

Kristina Duvnjak, Sinisa Bogdan and Suzana Baresa

ANALYSIS OF A MARITIME VERSUS A LANDLOCKED TOURISM DEPENDENT ECONOMY: CROATIA AND THE CZECH REPUBLIC pp. 319-328

Filip Kokotovic

Volume 8, issue 2, 2017

Contents pp. 1-1

Contents .

THE IMPACT OF FINANCIAL CRISES ON THE SHORT-TERM INTERACTION BETWEEN BALKAN STOCK MARKETS pp. 53-66

Julijana Angelovska

EMPIRICAL DISTRIBUTION OF STOCK RETURNS OF SOUTHEAST EUROPEAN EMERGING MARKETS pp. 67-77

Aleksandar Naumoski, Stevan Gaber and Vasilka Gaber-Naumoska

VALUE-ADDED TAX AND ITS EFFICIENCY: EU–28 AND TURKEY pp. 79-90

Sabina Hodzic and Hulya Celebi

PORTFOLIO INSURANCE INVESTMENT STRATEGIES: A RISK-MANAGEMENT TOOL pp. 91-104

Elma Agic-Sabeta

TECHNICAL ANALYSIS ACCURACY AT MACEDONIAN STOCK EXCHANGE pp. 105-118

Zoran Ivanovski, Nadica Ivanovska and Zoran Narasanov

SPECIFIC FORM OF SHORT-TERM FINANCING pp. 119-129

Suzana Baresa, Sinisa Bogdan and Zoran Ivanovic

BANKING WITHOUT INTEREST pp. 131-139

Jana Ilieva, Natasha Ristovska and Saso Kozuharov

THE INFLUENCE OF FOREIGN DIRECT INVESTMENT ON THE ECONOMIC DEVELOPMENT pp. 141-150

Natasha Ristovska, Aleksandra Stoilkovska and Ivona Ravlikj

REGIONAL DEVELOPMENT DISPARITIES AND THEIR CONNECTION WITH HIDDEN ECONOMY pp. 151-158

Blagica Novkovska

SWOT ANALYSIS AND STRATEGIES TO DEVELOP SUSTAINABLE TOURISM IN BANGLADESH pp. 159-167

Sanaul Haque Mondal

EVALUATING THE USE OF PERSONAL CONNECTIONS TO BYPASS FORMAL PROCEDURES: A STUDY OF VRSKI IN REPUBLIC OF MACEDONIA pp. 169-182

Colin Williams and Slavko Bezeredi

PROMOTION: WOMEN LEADERSHIP AND ALTERNATIVE METHODS FOR RESOLVING BUSINESS CONFLICTS AND CHANGES IN THE ORGANIZATION pp. 183-194

Violeta Milenkovska, Mirjana Markovska and Ljubisha Nikolovski

PROMOTIONAL ACTIVITIES FOR THE PURPOSE OF IMPROVING THE OFFER OF TRAVEL AGENCIES IN PRIMORJE-GORSKI KOTAR COUNTY–CROATIA pp. 195-208

Jasna Lasinger Siladjev

Volume 8, issue 1, 2017

Contents Vol.8 No.1 pp. 1-1

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PARALEL AND MULTILAYER ECONOMIC DUALITIES: AN EXAMPLE FROM HUNGARY pp. 1-10

Peter Juhasz and Laszlo Reszegi

Foreword guest editor pp. 3-3

Silvije Orsag, Lidija Dedi and Burhan F. Yavas

PERFORMANCE MEASUREMENT OF UCITS INVESTMENT FUNDS IN CROATIA pp. 11-18

Marko Curkovic and Jaksa Kristo

A REVIEW OF THE ECONOMIC VALUE ADDED LITERATURE AND APPLICATION pp. 19-27

Andrija Sabol and Filip Sverer

MEASURING PATH DEPENDENCY pp. 29-37

Peter Juhasz, Kata Varadi, Agnes Vidovics-Dancs and Janos Szaz

WINTER SAECULUM pp. 39-52

Emil Mihalina, Ivan Krivicic and Tihomir Antunovic

Volume 7, issue 2, 2016

Contents pp. 1-1

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FOREWORD GUEST EDITOR pp. 3-3

Najla Podrug

TACKLING THE INFORMAL ECONOMY IN THE EUROPEAN UNION: A SOCIAL ACTOR APPROACH pp. 133-147

Colin Williams and Ayşegül Kayaoğlu

FROM GLOBAL TO INTRA-REGIONAL TOURISM pp. 149-164

Anders Steene

TOURIST VALORIZATION BY APPLYING THE SCORING METHOD pp. 165-173

Ace Milenkovski, Mijalce Gjorgievski and Dejan Nakovski

PUBLIC RELATION BASED MODEL OF INTEGRATED MARKETING COMMUNICATIONS pp. 175-186

Ljupka Naumovska and Daliborka Blazeska

HOW STRONGLY THE HIDDEN ECONOMY OF A SMALL COUNTRY CAN BE INFLUENCED BY DRASTIC EVENTS: CASE OF MACEDONIA pp. 187-195

Blagica Novkovska

DOMESTIC VS INTERNATIONAL RISK DIVERSIFICATION POSSIBILITIES IN SOUTHEASTERN EUROPEAN STOCK MARKETS pp. 197-208

Sinisa Bogdan, Suzana Baresa and Zoran Ivanovic

EXTENSIVE ROLE OF FOREIGN DIRECT INVESTMENT IN DEVELOPMENT OF INDIAN ECONOMY pp. 209-220

Amit Saini, Pankaj Madan and S. K. Batra

HOTEL SERVICE, ASSUMPTION AND STARTER OF THE TOURISM DEVELOPMENT pp. 221-233

Daliborka Blazeska, Vladanka Davkovska and Dejan Nakovski

LIMITING FACTORS FOR THE DEVELOPMENT OF THE SERBIAN HOSPITALITY INDUSTRY pp. 235-248

Nikolina Kosar, Sasa Masic, Lidija Barjaktarovic and Mihaela Lazovic

THE NEED OF CONNECTING THE TECHNOLOGY, POLITICAL AND CULTURAL SYSTEM pp. 249-256

Marija Merdzhanovska

Volume 7, issue 1, 2016

CONTENTS pp. 0-0

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FOREWORD GUEST EDITOR pp. 0-0

Martina Sopta

CONTENTS pp. 0-0

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FINANCING POSSIBILITIES OF THE LOCAL GOVERNMENT pp. 1-11

Ace Milenkovski, Sasho Kozuharov and Natasha Ristovska

A PANEL REGRESSION ANALYSIS OF HUMAN CAPITAL RELEVANCE IN SELECTED SCANDINAVIAN AND SE EUROPEAN COUNTRIES pp. 13-24

Filip Kokotovic

EMPIRICAL ESTIMATION OF THE MULTIPLICATIVE EFFECTS OF STEEL INDUSTRY IN MACEDONIA BY USING INPUT-OUTPUT MODEL pp. 25-35

Darko Lazarov and Mitko Kocovski

STATE INVESTMENT IN SCIENCE AND SCIENTIFIC PRODUCTIVITY OF UNIVERSITIES pp. 37-48

Domagoj Karacic, Ivan Miskulin and Hrvoje Serdarušić

CAPITAL INVESTMENTS AND FINANCIAL PROFITABILITY pp. 49-59

Suzana Baresa, Sinisa Bogdan and Zoran Ivanovic

EMPIRICAL ANALYSIS OF DEMAND FOR ROOF TILES: EXAMPLE OF TONDACH COMPANY pp. 61-70

Jasmin Hoso

CLASSIFICATION OF TOURIST SEASON IN COSTAL TOURISM pp. 71-83

Goran Corluka, Kresimir Mikinac and Angela Milenkovska

HEALTH TOURISM AND “SMART SPECIALISATION” pp. 85-95

Ognjen Blazevic

ANALYSIS OF TOURISM INDICATORS IN FUNCTION OF TOURIST OFFER ENRICHMENT IN MACEDONIA pp. 97-108

Dejan Nakovski, Ace Milenkovski and Mijalce Gjorgievski

THE IMPACT OF MEDICAL TOURISM ON THE QUALITY OF ORGANIZATIONAL AND FUNCTIONAL CHANGES IN THE POLISH HEALTHCARE SYSTEM pp. 109-121

Marcin Olkiewicz

SUSTAINABLE TOURISM AND HOTEL MANAGEMENT IN MACEDONIA THROUGH THE USE OF RENEWABLE ENERGY SOURCES pp. 123-132

Biljana Petrevska, Vlatko Cingoski and Mimoza Serafimova

FOREWORD GUEST EDITOR pp. 1000-1001

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