The Mediterranean area is the core of an increasing exchange of goods and people. A distinctive feature of present trends in international relationship is the importance of factors that are beyond the mere exchange of goods. In particular, foreign investment, the creation international...

The paper focus on the time adjustment paths of the exchange rate and agricultural producer and industrial prices in response to unanticipated monetary shocks following model developed by Saghaian et al. (2002). We employ Johansen’s cointegration test along with a vector error correction model...

The paper focus on the time adjustment paths of the exchange rate and agricultural producerand industrial prices in response to unanticipated monetary shocks following modeldeveloped by Saghaian et al. (2002). Results indicate that agricultural prices adjust faster thanindustrial prices to...

This paper focuses on agro- food chains and agro- food consumer prices in Sloveniaconsidering its European Union (EU) membership. As the Slovenian agro- food markets weredistorted prior to the EU accession with some agro- food prices that were greater than comparableEU prices, the empirical...

‘Productivity and efficiency growth enhances competitiveness’. Similarly formulatedstatements are common in the literature on the economic performance of firms,industries and nations. This conventional perception in the economic literature,originating from trade and growth theory models,...