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Are EU Members’ Economies an “Engine” of the EU Candidates’ Economies?

Radulović Marija () and Kostić Milan ()
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Radulović Marija: University of Kragujevac, Faculty of Economics, Kragujevac, Republic of Serbia
Kostić Milan: University of Kragujevac, Faculty of Economics, Kragujevac, Republic of Serbia

Folia Oeconomica Stetinensia, 2021, vol. 21, issue 2, 97-117

Abstract: Research background: Economic relations between countries members of the EU and EU candidates are very strong. Germany and France have the leading economies of the EU, are in the top ten economies worldwide, and drivers of EU development. Serbia has strong economic relations with Germany and France, especially with Germany. Therefore, it is necessary to examine whether Germany and France impact the development of Serbia.

Keywords: EU member; EU candidate; developed country; developing country; VECM (search for similar items in EconPapers)
JEL-codes: C32 O11 O47 (search for similar items in EconPapers)
Date: 2021
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DOI: 10.2478/foli-2021-0018

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