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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

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Banks Compete? IMF Working Paper, 03/113. Bikker, J. A., Groeneveld, J. M. (1998): Competition and Concentration in the EU Banking Industry. De Nederlandsche Bank, August. Bikker, J. A

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Amess, K. — Roberts, B. (2005): The Impact of Foreign and State Ownership on Post-Transition Industrial Concentration: The Case of Polish Manufacturing. Economic Change , 38: 211

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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.

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. Hamid , Z. ( 2010 ): Concentration of Exports and Patterns of Trade: A Time-Series Evidence of Malaysia . The Journal of Developing Areas , 43 ( 2 ): 255 – 270 . Herzer

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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.

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References Aiginger , K. ( 2004 ): Industrial Specialisation and Geographic Concentration: Two Sides of the Same Coin? Journal of Applied Economics , VII ( 2

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References Council Regulation (EEC) No 4064/89 of 21.12.89 On the Control of Concentrations between Undertakings. Department of Justice and Federal Trade Commission Horizontal Merger

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. References Aiginger K. – Boeheim , M. – Gugler , K. – Pfaffermayr , M. – Wolfmayr-Schnitzer , Y. ( 1999 ): Specialization and (Geographic) Concentration of

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concentration on economic growth . National Bureau of Economic Research. , 8 , 47 – 71 . Alfaro , E. , García N. , Gamez , M. and Elizondo , D. ( 2008 ). Bankruptcy forecasting: an

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