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Macroeconomic aspects of the development of Slovak regions in the post-accession period

Author

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  • E. Matejková

    (Faculty of Economics and Management, Slovak University of Agriculture, Nitra, Slovak Republic)

  • A. Qineti

    (Faculty of Economics and Management, Slovak University of Agriculture, Nitra, Slovak Republic)

  • R. Serenčéš

    (Faculty of Economics and Management, Slovak University of Agriculture, Nitra, Slovak Republic)

Abstract

The objective of this paper is the analysis of the macroeconomic aspects of regional development in the Slovak Republic. Regional development is a much frequented topic recently. In the pre-accession period, Slovak regions had the opportunity of benefiting from the pre-accession funds and competing for finances through projects and strategies. The EU support did not stop with the accession, it continues with the increasing intensity and variability at present. The real challenge is how efficiently is this support used and if it goes to the destinations where it is most needed. For the purposes of the identification of regional development tendencies, we have tried to analyze the selected macroeconomic characteristics for Slovak regions at the NUTS III level. We analyze the following indicators: GDP per capita, labor productivity, foreign direct investment, so that we can explore the situation of living standards in the regions and the determinants. We use the cluster analysis approach in order to specify and identify the regions with similar development characteristics. Based on our findings, we make some recommendations on the support and development strategies for Slovak regions.

Suggested Citation

  • E. Matejková & A. Qineti & R. Serenčéš, 2008. "Macroeconomic aspects of the development of Slovak regions in the post-accession period," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 54(8), pages 367-375.
    • Handle: RePEc:caa:jnlage:v:54:y:2008:i:8:id:296-agricecon
    DOI: 10.17221/296-AGRICECON
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    References listed on IDEAS

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    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. Johan F. M. Swinnen & Liesbeth Dries & Karen Macours, 2005. "Transition and agricultural labor," Agricultural Economics, International Association of Agricultural Economists, vol. 32(1), pages 15-34, January.
    3. Z. Sojková & Z. Kropková & V. Benda, 2008. "Slovak agricultural farms in different regions - comparison of efficiency," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 54(4), pages 158-165.
    4. J. Tvrdoň, 2006. "Human capital and modelling of its development," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 52(3), pages 117-122.
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    Cited by:

    1. Peter ADAMIŠIN & Rastislav KOTULIČ, 2013. "Evaluation of the agrarian businesses results according to their legal form," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 59(9), pages 396-402.
    2. Peter ADAMIŠIN & Rastislav KOTULIČ & Ivana KRAVČÁKOVÁ VOZÁROVÁ & Roman VAVREK, 2015. "Natural climatic conditions as a determinant of productivity and economic efficiency of agricultural entities," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 61(6), pages 265-274.
    3. Nikolay VASILIEV & Elsa SUUSTER & Helis LUIK & Rando VÄRNIK & Eduard MATVEEV & Alar ASTOVER, 2011. "Productivity of Estonian dairy farms decline after the accession to the European Union," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 57(9), pages 457-463.

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