Investment in research and development (R&D) plays a vital role in economic growth. Therefore, the crucial role of government is to encourage companies to develop new knowledge, skills, and innovations in order to achieve greater competitiveness, employment creation, and economic development. The aim of this paper is to determine whether R&D subsidies contribute to corporate performance and ascertain whether the relationship between the amount of R&D subsidies and corporate performance is moderated by Slovenian cohesion (NUTS 2 level) and statistical (NUTS 3 level) regions. This paper ultimately tries to classify statistical regions within meaningful groups. Using an OLS regression, a unique dataset of 407 Slovenian companies is analysed for 2014. The empirical results reveal that R&D subsidies have a positive impact on corporate performance and confirm that cohesion and statistical regions can moderate the effect of R&D subsidy on corporate performance. Moreover, the paper provides for the classification of Slovenian statistical regions into four groups.
COBISS.SI-ID: 5074606
The Slovenian community in Canada, although a small constitutive element of the current population, has actively contributed to the economic and political development of the second-largest country in the world. Previous studies have only descriptively addressed the role of Slovenian immigrants in the construction of this important economic system. This paper argues that the development within the community has brought about some significant changes in social stratification among its members, specifically with regard to the radical global economic challenges of recent decades. On the other hand, the specific altruistic mission of Slovenian community organisations has remained largely unchanged.
COBISS.SI-ID: 42038317
In this article, we take account of an evaluation of the short- and medium-term effects of the transmission mechanism of fiscal policy in EU and OECD countries and their dependence on the state of the economy and fiscal behaviour. Our findings indicate that (i) across EU member states the impact of government spending on economic performance is larger in the accession than in core member states, (ii) since the onset of the economic/financial crisis the government spending multipliers have become larger in both core and accession EU member states, and (iii) a comparison with fiscal responses in the OECD countries shows robustness of our estimates. The conclusion implies that the austerity measures present a substantial drag for economic activity in accession EU countries. Thus, we may state that not considering the fiscal behaviour and state of the economy gives misleading fiscal multiplier effects, which in turn lead to the adoption of inappropriate fiscal measures that even worsen a country's economic situation.
COBISS.SI-ID: 4993198
Regulatory Impact Assessment (RIA) is a system of approaches applied worldwide, which is designed to implement Better and Smart Regulation programs at both the European and national levels, as well as to support reforms aimed at promoting good governance. Its purpose is to enable public consultation in the regulatory cycle and to simplify legislation. To this end, public authorities strive for the implementation of several key principles related to the regulatory process, such as transparency, participation, proportionality, accountability, etc. This article examines the above principles over various stages of the regulatory process, analyzing regulatory stakeholders, the relations between them, and the introduction of RIA in administrative procedures. In addition to certain general principles, selected legal sources are considered, particularly with regard to Slovenia, which is used as a case study of compliance with international guidelines by an EU and OECD member. In order to identify a possible gap between declaratory principles and reality, a study on RIA in the Government’s practice was conducted in 2011 and 2016. This article explains the reasons behind such deficiencies and suggests the actions to be taken to bridge the gap and to develop effective public governance in the future.
COBISS.SI-ID: 5107374
The paper compares the results of general tax surveys conducted among tax experts in three former socialist countries: Croatia, Slovenia and Bosnia and Herzegovina (Federation of Bosnia and Herzegovina). It covers all of the main taxes as well as attitudes about tax policies and their effects. The methods include descriptive statistics, non-parametric tests and binomial probit regression analysis. Despite the differences among the countries and their tax systems, the experts' opinions are relatively similar. They indicate some decline from the typical base broadening and rate lowering requirements. The tax experts mostly support real estate taxation, dividends and capital gains taxation, personal income tax reliefs, the preferential treatment of small and medium enterprises and reinvested profits, as well as financial activities tax. The experts mostly oppose a flat tax, the lower taxation of capital incomes (compared to labor incomes) and a single rate value-added tax. The paper proves that the experts' tax attitudes influence their responses on particular taxes, although not uniformly and not in all cases.
COBISS.SI-ID: 5141166