18 articles in this issue
Manfred O. Hennies, Matti Raudjärv
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Meelis Angerma
Developments in the real world depends on human reaction to economic events which is also determined by dominating economic thought. Dominance of neoliberal and monetarist thinking was the main cause of ignoring asset price bubbles and their effects on re... see more
Xiao Feng, Peter Friedrich
Public firms are public economic units that take location decisions or are involved in such decisions. There is a lack of location theories that consider this feature. The literature on public facility location theory mainly concerns location of real capi... see more
Oliver Lukason, Artjom Urbanik
Although most countries have firm reorganization option in legislation (either as a separate law or part of insolvency code), the practice of successful reorganizations has remained modest. Reorganization law was introduced in Estonia in late 2008, but on... see more
Jiri Mihola, Petr Wawrosz
The paper answers one of the typical problems of economic theory - how it is in practice possible to measure and to interpret the quality of economic time series oat all economic levels. The task is on the macroeconomic level solved by weighted geometric ... see more
Maksim Mõttus, Oliver Lukason
After joining the European Union, remarkable support has been provided to Estonian firms through government grants financed from EU funds, but so far it has not been systematically studied, which firms can get support from them. Current study analyzes all... see more
Eve Parts
This empirical study investigates the dynamics and the determinants of social capital in Europe over the period 1990-2008, using empirical data from EVS. Methodologically, factor analysis and regression analysis are implemented. The analysis covers 20 Wes... see more
Olev Raju
Recession has sharply erected the question of tax burden and the optimal proportion of different kinds of taxes among the incomes of the budget. Indirect taxes and consumption taxes, which proportion is different according to different methodologies, domi... see more
Tõnu Roolaht
The public sector innovations are important additions to private and social efforts towards development oriented changes in society. These innovations aim at improving the efficiency and societal value of public services. In order to do so, the new organi... see more
Viktor Trasberg
The paper analyses European Union countries tax structure changes during the last decade. Particular interest is related with correlations between tax structure and economic growth. There is argued, that the tax structure has an important impact on growth... see more
Viljar Veebel, Allan Teder, Liina Kulu, Karmen Viikmaa, Ulrika Hurt
The European financial crisis in recent years (2008–2012) and economic challenges in long-term perspective, have initiated intensive debates among politicians, academic circles and media. The intensity of the debate has been related to the amplitude of th... see more
Mart Sõrg
Raimund Hagelberg has secured an essential place in the history of Estonian economy as a precious university lecturer, scientist, advisor and coordinator. He was a hard working man, who, for more than half of a century, was very thorough in everything he ... see more
Matti Raudjärv