Original scientific paper
The capacity of local governments to improve business environment: Evidence from Serbia
Vesna Janković Milić
; Faculty of Economics, university of Niš, Niš, Serbia
Jelena Stanković
orcid.org/0000-0002-9875-9861
; Faculty of Economics, university of Niš, Niš, Serbia
Srđan Marinković
orcid.org/0000-0001-9012-9454
; Faculty of Economics, university of Niš, Niš, Serbia
Abstract
The aim of this paper is to draw attention on the need to strengthen institutional
cooperation between local self-governments and the business community. The
paper analyses the ability of socio-economic councils in Serbia, as a part of local
governments, to improve the business environment and indicators of social status
at the local level. In addition to socio-economic councils, this analysis includes the
departments, divisions and offices for local economic development and their
responsibilities. The results in the paper has been generated using descriptive
statistics, Chi-Square test, t-test and regression analysis, based on the analysis of
primary data collected in empirical research on 55 municipalities in Serbia. The
fundamental results obtained using the stated analysis is that socio-economic
councils have positive impact on the social and economic development in the
survived municipalities. Finally, the basic conclusion from the executed research is
that size of the municipality is not a limiting factor for the establishment of the
socio-economic councils and their functionality.
Keywords
Business environment; socio-economic council functionality; local self-government institutions; indicators of a social and economic status
Hrčak ID:
131533
URI
Publication date:
22.12.2014.
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