Economic Activities Structure and Development: Evidence From Serbia

Authors

  • Sandra Jednak University of Belgrade, Faculty of Organizational Sciences
  • Dragana Makajić-Nikolić University of Belgrade, Faculty of Organizational Sciences
  • Dragana Kragulj University of Belgrade, Faculty of Organizational Sciences
  • Mirko Vujošević University of Belgrade, Faculty of Organizational Sciences

DOI:

https://doi.org/10.7595/management.fon.2014.0012

Keywords:

economic activities, structure, economic development, Serbia, optimization

Abstract

Differences in the level of economic achievement in different countries are determined by the availability of resources and economic policies. Economic development could be influenced by the structure of economic activities. The paper brings the analysis of Serbian economic activities structure and its influence on the level of development during the period 2008-2011. The optimization model has been used to show economic activities to be invested in in order to achieve development. The results show that the most important economic activities in enhancing development are information and communication; finance and insurance; water supply, sewerage, waste management and remediation activities.

Author Biographies

Sandra Jednak, University of Belgrade, Faculty of Organizational Sciences

Sandra Jednak is employed at the Faculty of Organizational Sciences, University of Belgrade as Assistant Professor. She has published numerous scientific research papers in international and national monographs, journals and conferences proceedings. Her teaching areas are Introduction to Economics, Macroeconomics, Microeconomics, Economic Development and the EU. Her research focus is on the economic growth and development of the SEE countries. Besides, her research interests are Economics of ICT, Knowledge (Based) Economy, Energy Economics,
International Economics and Higher Education.

Dragana Makajić-Nikolić, University of Belgrade, Faculty of Organizational Sciences

Dragana Makajić-Nikolić works as assistant professor at the Faculty of Organizational Sciences at the University of Belgrade, where she lectures in Operations Research courses. Her research interests are related to Mathematical Modelling, Optimization methods, Simulation and Risk Analysis. She is the author or co-author of over 50 papers and co-author of two books in the OR area.

Dragana Kragulj, University of Belgrade, Faculty of Organizational Sciences

Dragana Kragulj, Ph.D., is full professor at the Faculty of Organizational Sciences, University of Belgrade. She was the Chair of the Department of Economics, Business Planning and International Management. She has published several editions of different textbooks on Economics, two monographs of her own and over 100 scientific papers published in reputable national and international journals and conferences. She has been involved in several research projects. In addition to her teaching, she is occupied with research of macroeconomic problems, prices, market, inflation, economic development, investment, international trade, agriculture, energy economics, the transition process, international economic integrations, the European Union.

Mirko Vujošević, University of Belgrade, Faculty of Organizational Sciences

Mirko Vujošević graduated in electrical engineering at the Belgrade University where he completed his postgraduate studies and earned his doctorate. From 1976 to 1995 he was with Mihailo Pupin Institute, Belgrade, and now he is full professor at the Faculty of Organizational Sciences, Belgrade University. He published more than 180 professional papers on different topics of operational research, reliability, maintenance, inventory control and applied mathematics. He is author and co-author of two monographs, six textbooks, and several chapters in monographs.

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Published

2014-07-14

How to Cite

Jednak, S., Makajić-Nikolić, D., Kragulj, D., & Vujošević, M. (2014). Economic Activities Structure and Development: Evidence From Serbia. Management:Journal of Sustainable Business and Management Solutions in Emerging Economies, 19(71), 29–38. https://doi.org/10.7595/management.fon.2014.0012

Issue

Vol. 19 No. 71 (2014)

Section

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