Claessens, S. and Djankov, S. (1999): Ownership Concentration and Corporate Performance in the Czech Republic . CEPR Discussion Paper, No. 2145.
Claessens, S., Djankov, S. and Pohl, G. (1996): Ownership and Corporate Governance
Authors:Peter Mikek, Monika Šlebinger, and Franjo Mlinaric
The article reviews and assesses the institutional (legal) and economic framework for merger control and competition policy in Slovenia. We investigate the functioning of the Slovenian Competition Protection Office. We also discuss possible reasons for the small number of denied mergers, with accession to the EU and the openness of the economy being the most important. Further, we use three case studies to illustrate that the unfinished transition process allows a possibility for political interference in merging activities.
Spatial autocorrelation analysis is an important method that can reveal the structure and patterns of economic spatial variables. It can be used to identify not only global spatial patterns in the country, but also characteristic locations at micro levels. In this research, we used spatial autocorrelation methodologies, including Global Moran’s I and Local Getis—Ord Gi statistics to identify the intensity of the spatial clustering of municipalities in Serbia by the level of average monthly net earnings from 2001 to 2010. We identified and mapped local clusters (hot and cold spots) by the level of average monthly net earnings for the same period. The results show that overall spatial segregation between municipalities with high and low average monthly net earnings was predominantly increasing during the investigated period. Local statistics illustrated that overall spatial segregation followed a broad north—south divide, with a concentration of municipalities with high net earnings in the north of Serbia, and low net earnings in the south. Closer inspection showed that at the beginning of the study period, there were three statistically significant hot spots in the north. As time passed, only one highly clustered hot spot remained — the Belgrade region. One cold spot retained a relatively stable position in the country’s southeast. This research shows that spatial changes of net earnings can be successfully studied with respect to statistically significant global and local spatial associations in the variables using spatial autocorrelation analysis.