Assessing sustainability of the Southeast European economies

Petrov, Viktorija; Trivić, Nada; Ćelić, Đorđe

doi:10.5937/ekopolj1802519p

Cited by 7 publications

(5 citation statements)

References 10 publications

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“…Simultaneous achievement of goals related to all three aspects is a necessity, while goals achievement must be maintained in the long run also. The cohesion of policies aimed at achieving such goals is not simple and presents another problem of sustainable development (Petrov, Trivić & Ćelić, 2018). In terms of applying all three aspects, Matsumoto et al ( 2020) examines labour, capital and energy as common inputs with gross domestic product, carbon dioxide and particulate matter emissions and waste as outputs.…”

Section: Economic Growth Development and Sustainabilitymentioning

confidence: 99%

“…Considering the lack of a universally accepted definition of sustainable development, many contexts in which sustainable development is mentioned, and terminology, data, and measurement methods not being systematized, formulation of a universally accepted set of indicators of sustainable development was not achieved. Different initiatives through time defined different indicators, but none of those succeeded in gaining a stable foothold as theoretically supported and politically relevant (Petrov et al, 2018). According to Labaj et al (2014), it is of urgent need to develop new approaches for assessing the economic performance while taking into account economic as well as social and environmental goals.…”

Section: Economic Growth Development and Sustainabilitymentioning

confidence: 99%

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Assessing sustainable economic development efficiency: A DEA approach

Sotiroski¹,

Kempler²,

Horvat³

et al. 2024

Strategic Management

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Background: Widely used in efficiency analysis, data envelopment analysis (DEA) found its use in country efficiency measurement concerning the achievement of desired values of macroeconomic indicators, most often the goals from the category of economic growth. Purpose: The objective of the paper is to examine the possibility of DEA application in sustainable development research. Methodology: The analysis was conducted using a non-oriented DEA model with variable return-to-scale in a group of 26 EU countries and Serbia, as a membership candidate. Four variables were used as input variables: inflation rate, unemployment rate, poverty rate and ecological footprint per capita. Three variables were used on the outputs side: inequality-adjusted human development index, GDP per capita and ecological deficit or reserve per capita. The annual data was collected for the time period of eight years, form 2010 until 2017. Findings: Results show that Finland is the only country efficient throughout the entire period. Average efficiency close to maximum was achieved by the Netherlands. Significant efficiency was achieved by Luxembourg, Germany and Sweden among countries that were EU members before 1995. Among other EU countries, Slovenia and Hungary achieved efficiency on a nearly maximum level. Also, efficient in more than half of the observed years were Cyprus and Romania. The most inefficient countries were the three Baltic countries: Lithuania, Latvia, and Estonia. Among the EU member countries before 1995, Italy and Portugal were the most inefficient. Concerning EU candidate Serbia, the efficiency achieved was generally close to average. Limitations: The performed analysis can answer the question of which country is the most efficient on the way to sustainability. However, the DEA method cannot show whether a country is developing absolutely sustainably or unsustainably, because DEA is a relative method and can only measure efficiency compared to the other units.

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Section: Economic Growth Development and Sustainabilitymentioning

confidence: 99%

Section: Economic Growth Development and Sustainabilitymentioning

confidence: 99%

Assessing sustainable economic development efficiency: A DEA approach

Sotiroski¹,

Kempler²,

Horvat³

et al. 2024

Strategic Management

View full text Add to dashboard Cite

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“…Sustainability is often explained together with sustainable development. Sustainable development combines economic and social development, protecting and nurturing the natural environment and social equality (Dunphy, Benveniste, Griffiths, & Sutton, 2000), from which it is evident that sustainable development should be regarded as a process of continuous improvement and flexibility (Petrov, Trivić, & Ćelić, 2018). The principle that shapes the principle of sustainability (James, Magee, Scerri, & Steger, 2015;Porter & Kramer, 2011) is sustainable development, which comprises of four interconnected fields, i.e.…”

Section: Literature Reviewmentioning

confidence: 99%

A Qualitative Content Analysis of Sustainable Quality of Life Concept in Research Articles

Bandara

Judrupa

2023

SCEE

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Sustainable Quality of Life is a new concept that emerged in socioeconomically wealthy countries with high importance given to the concepts of Quality of Life and Sustainability. It is evident that many macroeconomic aspects such as inflation, unemployment, economic growth, etc. impact the sustainability of quality of life. The aim of the study is to analyse the evolution of the concept of sustainable quality of life and to define the primary macroeconomic factors that affect the sustainable quality of life. The study was conducted as a qualitative content analysis of research articles, grounding the research questions of (a) what is sustainability, (b) what is quality of life, (c) what is the sustainable quality of life, and (d) how to achieve a sustainable quality of life. Categories were developed for each research question and the frequency of usage of the category was used to answer each question. It is observed that many types of research have been carried out to study sustainability, quality of life, sustainable quality of life, different indicators of sustainability, indicators of quality of life, and measurement of quality of life with different approaches. Innovation, research, creativity health, education and training, social relations, safety, environment, and quality of services contribute vastly to the achievement of sustainable quality of life. Further, it is observed that there are only a few research articles that have focused on how to achieve a sustainable quality of life and it is a broad concept that requires more attention and in-depth study.

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“…However, the systems for managing explicit knowledge are fairly transparent and relatively easy to replicate. This means that they cannot be the source of a sustainable long-term competitive advantage (Petrov, Trivić & Ćelić, 2018).…”

Section: Knowledge Managementmentioning

confidence: 99%

Specific influence of knowledge intensive and capital intensive organizations on collaborative climate and knowledge sharing in SMEs

Petrov¹,

Ćelić²,

Uzelac³

et al. 2020

Strategic Management

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In this paper, the authors discuss knowledge management, with a focus on knowledge sharing. Knowledge sharing is dependent on trust and cooperation, which are elements of organizational culture. One specific aspect of organizational culture is of particular interest for knowledge sharing. This aspect consists of values, beliefs and atmosphere that characterize common mental space accepted by knowledge workers which affect behavior and readiness to share knowledge. This aspect of organizational culture is called collaborative climate and can be described as the 'permeability' of the human infrastructure for knowledge sharing. Collaborative climate in an organization can be considered as an environment that provides support to knowledge workers to create new knowledge that will be translated into a value, which will become competitive advantage of an organization. A questionnaire for assessing two dimensions of the collaborative climate: Organizational Culture and Employee Attitude was used as an instrument in this research. The main research questions in this paper are: 1) Is there a statistically significant difference between attitudes towards collaborative climate of managers and employees? 2) Is there a statistically significant difference between attitudes towards collaborative climate in capital intensive and knowledge intensive organizations? Research hypotheses emerged from the main research questions. The survey was conducted in order to answer research questions. Data collection was carried out in 2016 throughout the territory of the Republic of Serbia. The sample in this research consisted of 114 managers from 78 randomly selected SMEs from the database of the National Agency for Regional Development. Afterwards, 647 employees were surveyed from those same companies, and in total 761 valid responses were collected. Principal component analysis was applied to the data. In order to check for statistically significant differences, factor scores were tested using Leven's homogeneity test of variance and t-test. Data analysis indicated the existence of statistically significant differences between employee and managers attitudes in their assessment of collaborative climate in capital intensive and knowledge intensive organizations.

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Assessing sustainability of the Southeast European economies

Cited by 7 publications

References 10 publications

Assessing sustainable economic development efficiency: A DEA approach

Assessing sustainable economic development efficiency: A DEA approach

A Qualitative Content Analysis of Sustainable Quality of Life Concept in Research Articles

Specific influence of knowledge intensive and capital intensive organizations on collaborative climate and knowledge sharing in SMEs

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