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The Impact Of Enterprises’ Original Ownership Form On Fixed Assets In Serbian Manufacturing

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  • Stefan Đerasimović

Abstract

This paper aims to analyse the structure of fixed assets (production capacities) in Serbian manufacturing, in light of long-term fragile growth in industrial production and the lack of capital as a production factor. We performed a panel analysis to investigate the impact of enterprises’ original ownership form on fixed assets to examine whether the inadequate growth of de novo firms could be one of the reasons for manufacturing underperformance. Our results show that privatized enterprises still have a dominant share in fixed assets and the highest impact on fixed asset ownership. Therefore, we conclude that domestic and foreign de novo firms did not make adequate breakthroughs during the transition period to enable the comprehensive transformation of Serbian manufacturing.

Suggested Citation

  • Stefan Đerasimović, 2026. "The Impact Of Enterprises’ Original Ownership Form On Fixed Assets In Serbian Manufacturing," Ekonomske ideje i praksa, Faculty of Economics and Business, University of Belgrade, issue 61, pages 25-44, June.
    • Handle: RePEc:beo:ekidpr:y:2026:i:61:p:25-44
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    References listed on IDEAS

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    1. Daniel Hoechle, 2007. "Robust standard errors for panel regressions with cross-sectional dependence," Stata Journal, StataCorp LLC, vol. 7(3), pages 281-312, September.
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    Keywords

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    JEL classification:

    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity

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