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Unbalanced Development – Regional Disparity Analysis in Serbia

Author

Listed:
  • Manić Emilija

    (University of Belgrade, Faculty of Economics, Republic of Serbia)

  • Mitrović Đorđe

    (University of Belgrade, Faculty of Economics, Republic of Serbia)

Abstract

The unbalanced regional development is one of the biggest socioeconomic challenges in Serbia. It is a multidimensional and multi-level regional imbalance that, according to almost all socioeconomic indicators, shows a growing trend in the first decades of the 21st century. This paper presents an analysis of the selected demographic, social, and economic indicators by using DEA methodology. The dynamic component of the studied imbalance was taken into account by calculating the Malmquist Productivity Index. The calculated index undoubtedly shows that there are differences between regions (not only between the northern and southern regions, but also within the regions themselves). The results also point out that the changes of the input usage efficiency have strongly influenced the ranks of the districts within the national territories.

Suggested Citation

  • Manić Emilija & Mitrović Đorđe, 2021. "Unbalanced Development – Regional Disparity Analysis in Serbia," Economic Themes, Sciendo, vol. 59(1), pages 45-60, March.
    • Handle: RePEc:vrs:ecothe:v:59:y:2021:i:1:p:45-60:n:2
    DOI: 10.2478/ethemes-2021-0003
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    More about this item

    Keywords

    regional imbalance; regional development; DEA analysis; Malmquist Productivity Index;
    All these keywords.

    JEL classification:

    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • R5 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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