Oeconomica Jadertina publishes research and professional papers in the field of economics and other related scientific fields. Oeconomica Jaderina is primarly oriented on publishing research papers (original scientific papers, preliminary papers and reviews), but professional papers, conference papers and book reviews are also considered for publishing.

Vol. 12 No. 1 (2022)

Economic Implications of Technological and Energy Advancement on CO2 Emission Intensity in Selected Countries

Daniel Tomić, Tina Đorđević, Matea Grdić

In the pursuit of economic prosperity, many countries have "sacrificed" the quality of their environment to achieve higher rates of economic growth. By focusing on established industrial practices that have destroyed the environment in the long run, they have harmed their own, as well as the global ecosystem. Within this context, the main challenge for a long-term sustainable economic policy is the intertwined focus on two goals - economic growth and environmental protection. The aim of this paper is to analyse the impact of the development of environmentally related technologies, renewable energy supplies, and the total primary energy supply on the intensity of CO2 emissions based on the production within five countries in the period from 1990 to 2019. The observed countries are Italy, Germany, Croatia, Brazil, and Finland. To evaluate the relationship between the observed variables a panel analysis was used, more specifically random effect models (REM) and fixed effect models (FEM). Empirical results show that the development of environmental technologies and the supply of renewable energy have a negative impact on CO2 emissions, while the total supply of primary energy has a positive impact on CO2 emissions. The results of the research suggest that environment-related technologies and renewable energy promote the issue of environmental protection, while the overall supply of primary energy actually limits the perspective of green development.

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Openness of the Croatian economy in the context of monetary and fiscal policy

Ante Samodol

This paper examines the impact of selected monetary and fiscal variables on the trade openness of the Croatian economy. The openness of the economy is in theory considered one of the factors of economic growth. Given that monetary and fiscal policy are key components of economic policy, this paper examines the impact of  monetary and fiscal variables on the level of openness of the economy. Monetary variables include money supply, exchange rate and inflation while fiscal variables include the share of budget revenues and expenditures in GDP and interest on the Ministry of Finance Treasury bills. Trade openness as an endogenous variable is defined by the share of the collective exports and imports in GDP as total openness, and the share of the individual exports and  imports in GDP as export and import openness. Three models of multiple linear regression analysis have shown that significant fiscal variables, as opposed to monetary ones, dominated in determining the direction and magnitude of openness. One monetary variable is significant only in the case of import openness. As a secondary goal, the paper also analysed the impact of trade openness on economic growth through GDP per capita, which proved to be insignificant for economic growth of Croatia.

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Growth and quality of family accommodation in the function of tourist development of Slavonski Brod

Biljana Lončarić

The city of Slavonski Brod has been intensively developing as a tourist destination. Although the main motives for the arrival of tourists are business and family gatherings and other types of social events, and "food and accommodation" in cases of guests in transit, tourist traffic shows a tendency to grow which implicitly leads to an increase in accommodation. From the data of the eVisitor system, it is evident that more progressive growth is recorded in non-hotel compared to hotels and similar accommodation establishments. This is primarily due to the fact that, in the circumstances of the coronavirus pandemic and the conditions in which the hospitality sector operates under the epidemiological measures, family accommodation owners continue to operate relatively well (in the period from January to December 2020 family accommodation recorded a decrease of 31,71% compared to the same period in 2019, which is even 14,27% less than the average decline at the level of all city accommodation establishments). The research goals of this paper were to determine the attitude of local population regarding apartmentization and to find out if the owners of private rooms/apartments intend to provide accommodation services in future, and/or expand/modernize existing accommodation units. In the research we applied a questionnaire among local citizens and in-depth interviews with several owners of family accommodation as methods. The hypothesis we tried to prove was that both the growth and the quality of family accommodation in a destination is in the function of its tourist development. The research results should motivate the local population that has excess living space to provide accommodation services as additional activity and assist local government units in adopting measures to encourage private entrepreneurship in tourism.

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The impact of state audit work on the level of political parties’ transparency

a case study of Croatian political parties

Marko Čular

The work of the state audit is of key interest to the public because state auditors audit the entities that are mostly financed from the state budget. Given that one of the main goals of state auditors is to increase transparency and more efficient spending of budget funds, state audit is an integral part of any democratic system. The truthfulness and credibility of the financial statements and the consistency of the operations of political parties, which is confirmed by state auditors, are certainly one of the leading interests of the public eye. The State Audit Office, as the supreme audit institution in Croatia, is obliged to conduct an audit of political parties for those with an income of more than HRK 100,000. This research is focused on the analysis of the work of the state audit on political parties for 2019, which includes 20 parliamentary and 24 non-parliamentary political parties. The subject of the state audit was the financial statements and the compliance of the operations of political parties. The analysis of individual state audit reports on the work of political parties revealed numerous irregularities in the area of scope and internal organization, internal control system, planning, accounting, financial statements, revenues, expenditures, assets, liabilities and own resources, and prohibition of financing and favouritism. State auditors gave a qualified opinion to 39%
of political parties. Recommendations and directions given by state auditors from previous periods have shown that political parties implement the given recommendations to a greater extent and that the work of the state audit affects the transparency of political parties.

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European payment order - collection of overdue receivables from foreign legal and natural persons

Jadranka Nižić-Peroš

The subject of this paper is an analysis of legislation and case law related to the issuance of a European payment order and the purpose of this paper is to provide incentives to legal and natural persons for future use of this instrument applied in the Republic of Croatia since July 2013, which is used in an extremely small number of cases. The courts are competent for issuing a European payment order in the Republic of Croatia and it is an instrument that collects claims from foreign legal and natural persons, debtors, without the need to know the languages of the European Union. Therefore, the application of the payment order procedure enables simple, fast and cheap court collection of the claim from the debtor, assuming that the claim will not be disputed by the debtor. The European payment order is an alternative procedure compared to the procedure carried out at national level, and the greatest advantage of this procedure is its practicality as it is necessary to submit only one request on the prescribed form available in the languages of all EU countries, available to everyone at the Internet portal e-pravosudje. The paper analyses the issuance of a payment order by EU member states, except Denmark, since creditors from the Republic of Croatia can request the issuance of a European payment order against their debtors directly in all other EU member states. We start from the point of view that in the business world uncollected overdue receivables from foreign legal and natural persons are a big problem, and that by joining the European Union, creditors are enabled to collect their receivables from debtors living in one of the EU countries in a quick and easy way, about which according to the author, creditors do not have sufficient knowledge. Application of Regulation (EC) no. 1896/2006, which regulates the procedure for issuing a European payment order, is extremely important precisely because its application ensures equal conditions for the collection of undisputed (uncontested) civil and commercial claims throughout the European Union except Denmark.

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