Milenko Popovic

Milenko Popovic
Mediterranean University · Faculty for Business Studies "Montenegro Business School"

Professor, Ph D

About

84
Publications
16,711
Reads
How we measure 'reads'
A 'read' is counted each time someone views a publication summary (such as the title, abstract, and list of authors), clicks on a figure, or views or downloads the full-text. Learn more
101
Citations
Introduction
Milenko Popovic currently works at the Faculty for Business Studies "Montenegro Business School", Mediterranean University. Milenko does research in Macroeconomics, Financial Economics and Development Economics. His most recent interest is in the issue of relationship between technological progress, globalization and secular stagnation.
Additional affiliations
May 2012 - January 2015
World Bank
Position
  • Short term contracts on Growth Diagnostic in Montenegro
April 2006 - October 2006
October 2005 - May 2015
Mediterranean University
Position
  • Teaching and Research in Macroeconomic studies
Education
January 1987 - July 1990
University of Montenegro
Field of study
  • Investment in Knowledge and Economic Growth

Publications

Publications (84)
Article
Full-text available
This paper aims to provide a possible explanation for the strange reoccurrence of the dual economy in developed countries. The dual economy is understood as consisting mainly of two sectors that differ in productivity, salaries, and related characteristics. It was hypothesized there is a relationship between secular stagnation, the slowdown in prod...
Article
Background The objective of this study is to estimate the sensitivity of cigarette quantity demanded to price and income changes in Montenegro. Data and methods The sensitivity of cigarette quantity demanded to price and income changes was estimated using micro and macro analysis. Micro analysis implied the use of Deaton’s model on Household Budge...
Article
Full-text available
This paper presents a review of John Komlos book on principles of the real economy and an essay on the numerous problems we encounter in looking for the new introductory textbook on economics.
Technical Report
Full-text available
Analysis of the socio-economic efficiency of small hydro-electricity plants developed in Montenegro in the last two decades is subject of this paper. The analysis is based on careful consideration and quantifications of small hydro-electricity plants impact on different direct stake-holders (like consumers, stockholders, banks, state, local adminis...
Article
Full-text available
Apstrakt U ovom članku je dat pregled naučne oblasti vrednovanja ekoloških usluga. U tom smislu je focus više stavljen na pitanja koncepcijske prirode a mnogo manje pažnje je posvećeno detaljnom prikazu sve relevantne literature koja je u poslednjih četiri ili pet decenija napisana sa ovim u vezi. Za početak smo razmotrili pitanje samih ekoloških...
Technical Report
Full-text available
This monograph presents an estimation of cumulative impact of small hydro electricity plants on environment and local economic development in Montenegro. It is case study where Cost Benefit Analysis has been applied on two typical small HE in Montenegro.
Book
Full-text available
This is the first part of our book on the theory, analysis and measurement of economic growth. It covers critical survey of existing theories of economic growth as well as of the analysis of proximate factors of growth. Other topics, like fundamental factors of growth, deep roots of growth, analysis of impact of aggregate demand on growth and some...
Conference Paper
Full-text available
In this study, we have analyzed the tobacco taxation policies and their impact on tobacco consumption or demand in Montenegro. Analysis of the tobacco market and regulatory environment suggests that the increase of excise and other taxes on tobacco have an important direct impact on the reduction of cigarettes and other tobacco product consumption...
Conference Paper
Full-text available
The primary objective of this study is to estimate the price elasticity of cigarette demand in Montenegro, as an important input for a tax policy targeted to reduce tobacco consumption. The estimation was conducted using annual time series aggregate data on cigarette consumption, cigarette prices, income, and public policies from 2001 to 2017. The...
Conference Paper
Full-text available
The main goal of this research is to estimate the price elasticity of cigarette demand in Montenegro, applying Micro analysis. The data related to cigarettes consumption was derived from the Household Budget Survey (HBS), covering the period from 2006-2017. The long-run and short-run elasticities of cigarette demand, in context of price and income...
Chapter
Full-text available
In this paper a short analysis of the Montenegrin economic growth is given. In order to give a broader context of the Montenegrin growth we first presented its growth for a very long period 1952-2016 which allows comparing its growth between different sub-periods. Then, the Montenegrin growth path is compared to that of other states that used to be...
Article
Full-text available
After the 2008 crisis, despite economic recovery that started in 2009, the world economy has experienced a downward shift of its growth path and a consequent decline. As shown at the beginning of this paper, this shift and growth rate stagnation are totally attributable to the economic dynamics in developed economies, the USA and the EU. Explanatio...
Chapter
This chapter provides an analysis of the proximate causes of growth of the Turkish Economy. Previous researches on this issue have been not only critically reviewed but also used to provide some additional insights on long run growth of Turkish economy. Emphasis of the paper is, however, on causes of growth in the era of globalization. Sources of g...
Research
Full-text available
Paper presents policy analysis of development of public debt in Montenegro since binging of century till 2015. Analysis is given in in dynamic and institutional context.
Book
Full-text available
The MENA (Middle East and North Africa) region’s economy is experiencing steady growth and is expanding as an active participant in investments with Europe, the Americas, and Asia. Complex deals by transnational corporations (TNCs) and small- and medium-sized enterprises (SMEs) serve to influence European and MENA businesses, government, technology...
Chapter
This chapter provides comparative analysis of the proximate causes of growth of MENA and East European countries. The first section covers comparative sources of growth analysis for GDP. Apart from this conventional sources-of-growth analysis, both the demand and the industry side decomposition of the GDP growth rate is briefly given here too. In t...
Article
Full-text available
In this paper presented is research on anatomy of growth of Croatian economy in the period 1990-2013. Results of this analysis basically should be understood as a kind of growth diagnostic of Croatian economy. Conventional sources of growth analysis, which measure contribution of different factors of production, is given for growth of GDP and per c...
Book
Full-text available
Comparative Economics and Regional Development in Turkey is an authoritative reference source for current scholarly research on the influence of Turkey in today’s global environment and how the country can maintain long-term sustainability and prosperity. Featuring extensive coverage on a variety of pertinent topics on sustainable industries, conte...
Chapter
Full-text available
This paper provides comparative analysis of the proximate causes of growth of South East European, Central European and Former Soviet Union countries. The first section covers comparative sources of growth analysis for GDP. Apart from this conventional sources-of-growth analysis, both the demand and the industry side decomposition of the GDP growth...
Article
Full-text available
URL: http://imagebank.worldbank.org/servlet/WDSContentServer/IW3P/IB/2014/04/01/000158349_20140401135537/Rendered/PDF/WPS6828.pdf The principal focus in the substantial literature on impediments to economic development has been on the inadequacies of policies and governance. However, successful economic development requires effectiveness of market...
Article
Full-text available
The topic of this paper is comparative analysis of the economic growth in the former SFRY countries. The paper is primarily devoted to the analysis of the sources of economic growth in these countries. In this regard, apart from conventional decomposition of growth (contributions of capital, labor and total factor productivity), the demand and the...
Chapter
Full-text available
Abstract: The topic of this paper is an analysis of the growth of the Serbian economy. The paper is primarily devoted to the analysis of the sources of growth of the Serbian economy. In this regard, apart from conventional decomposition of growth (into contributions of capital, labor, and total factor productivity), the demand side and the industry...
Article
Full-text available
There are several striking peculiarities of the arts labor market that have attracted the attentions of researchers in the last several decades: first is constant long run excess supply of arts labor; second, artists are more likely to be multiple-job-holders than other professions; third, artists pay significant earning penalties; finally, there a...
Book
Full-text available
1. This report is intended to provide analytical support to the Government of Montenegro and inform its development strategy as it embarks on the next stage of the EU integration process. It provides answers to specific questions of importance for charting Montenegro’s macroeconomic and structural policies for the years ahead. For example, what hav...
Article
Full-text available
The economic crisis which emerged in 2007 will be for a long period a subject of research and efforts to shape, in a better way, the facts that we already know about the crisis. The majority of economists agree that one of the most important research areas in this field must be the area of financial regulation. Basel regulation, which is subject of...
Article
Full-text available
Sažetak: Neoliberalni pristup koji je dominirao u poslednjih nekoliko dekada inaugurirao je u malim ekonomijama poput crnogorske model rasta u kojem su direktne strane investicije jedina mašina rasta. Malo, plitko i nepotpuno domaće trţište nije bilo u stanju da generira razvoj nekih inače kompetitivnih sektora domaće privrede. Kao posledicu imali...
Article
Full-text available
This paper provides a survey on studies that analyze the macroeconomic effects of intellectual property rights (IPR). The first part of this paper introduces different patent-policy instruments and reviews their effects on R&D and economic growth. This part also discusses the distortionary effects and distributional consequences of IPR protection a...
Article
Full-text available
A relatively large level of foreign direct investment in real estate, that Montenegro has experienced in the last few years, and rapid real estate development that has followed is an obvious sign of new long-run cycle in the spatial development of Montenegro. In this article we, first, outlined some basics of spatial and urban economics necessary t...
Article
Full-text available
One of the most interesting facts about the growth of developed nations, especially of the US growth, in the last three decades is significant growth of the ratio of the wage of skilled labor to that of unskilled labor. At the same time, existing evidence seems to suggest that the ratio of the rate of return on investment in skilled labor to that o...
Article
Full-text available
In this article, an attempt has been made to give a comparative analysis of the old and new theory of economic growth. The field of economic growth has become again very dynamic and very interesting after the appearance of seminal Romer's 1986 and Lucas's 1988 articles, which initiated the so-called new theory of economic growth, sometimes termed a...
Chapter
Full-text available
Article
Full-text available
In this article an attempt has been made to give comparative analysis of old and new theory of economic growth. The field of economic growth has became again very dynamic and very interesting after appearance of seminal Romer's 1986 and Lucas's 1988 articles, which initiated so called new theory of economic growth, sometime termed as theory of endo...
Article
Full-text available
In this paper an effort has been made to unveil some hidden and implicit assumptions that has been used in different models dealing with analysis and measurement of contribution of human capital to economic growth. In order to do it we started from the general production function with heterogeneous labor input and general production function with h...
Chapter
Full-text available
Chapter
Full-text available
Dr Milenko Popovic Centar za međunarodne studije Univerzitet Crne Gore, Podgorica Poglavlje u knjizi: KORUPCIJA, str 219-243, Urednici: Radovanović, D. i Bulatović, A., Institut za menadžment i Institut za kriminološka i sociološka istraživanja, str 521, Beograd, 2005. VRSTE KORUPCIJE I EKONOMSKE POSLEDICE Uobičajeno je da se pravi razlika izmeĎu d...
Chapter
Full-text available
Dr Milenko Popovic Centar za međunarodne studije Univerzitet Crne Gore, Podgorica Poglavlje u knjizi: KORUPCIJA, str 243-269, Urednici: Radovanović, D. i Bulatović, A., Institut za menadžment i Institut za kriminološka i sociološka istraživanja, str 521, Beograd, 2005. SITNA KORUPCIJA 1. VELIKA VS MALA KORUPCIJA 1. 1. Sledeći razmatranja data u tek...
Article
Full-text available
Empirical analysis of the impact of education on the rate of growth of Yugoslav industry
Article
Full-text available
Survey of sources of growth measurements in Yugoslavian economy

Network

Cited By