Faculty of Economics
Permanent URI for this communityhttps://repository.ukim.mk/handle/20.500.12188/9
Browse
Search Results
- Some of the metrics are blocked by yourconsent settings
Item type:Publication, Life Expectancy and Income Inequality in North Macedonia: An Empirical Analysis(Faculty of Economics-Skopje, Ss. Cyril and Methodius University in Skopje, 2025-12); ; - Some of the metrics are blocked by yourconsent settings
Item type:Publication, How Do Firms Respond to Minimum Wage Increases in Macedonia?(Faculty of Economics-Skopje, Ss. Cyril and Methodius University in Skopje, 2025-12); - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Market Competition in Public Procurement of North Macedonia (2021–2025): Economic Analysis of Bidders per Tender(Faculty of Economics-Skopje, Ss. Cyril and Methodius University in Skopje, 2025-12)Mitevski, ViktorThis paper examines market competition in North Macedonian public procurement using a novel dataset of all public contracts from 2021–2025. We focus on the number of offers (bids) per tender as a key indicator of competition, following models inspired by Fazekas and Kocsis (2017). The analysis explores how institutional factors, particularly the use of electronic procurement tools and the choice of procedure type, influence bidder participation. We find that the average tender in North Macedonia attracts only 2–3 bids, and over one-third of procedures have a single bidder, raising market competition concerns. Using regression analysis with the number of offers as the dependent variable, we show that fully open procedures and e-procurement usage are associated with modestly higher competition, whereas negotiated or restricted procedures reduce the number of bidders. The paper provides descriptive insights (e.g., variation by contracting institution type and by goods/services/works procurement) and discusses implications for public expenditure effectiveness. Our results underscore the importance of transparent, open, and digitalized tendering processes in increasing competition and improving the efficiency of public spending. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Quantifying FDI’s Effects on GDP and Unemployment: Evidence from North Macedonia(Faculty of Economics-Skopje, Ss. Cyril and Methodius University in Skopje, 2025-12); ; This paper examines the impact of foreign direct investment (FDI) on economic growth and unemployment in North Macedonia over the period 2014–2023. North Macedonia, a small post-transition economy with historically high unemployment, has actively pursued FDI as a development strategy. Using annual data and econometric analysis (stationarity tests, Pearson correlations, and OLS regressions in SPSS), we test four hypotheses about FDI’s relationship with GDP growth and unemployment. The results indicate a strong positive association between FDI inflows and real GDP growth and a significant negative association between FDI and the unemployment rate. In particular, higher FDI is correlated with faster GDP growth and lower unemployment, supporting the view that FDI can be a catalyst for economic development. Regression analysis further suggests that FDI has a statistically significant positive effect on GDP growth and a negative effect on unemployment, even when accounting for the growth-employment link. These findings confirm the optimistic hypothesis that FDI inflows drive macroeconomic improvements in North Macedonia. However, complementary factors (institutional quality, human capital) are crucial for maximizing FDI benefits. The paper concludes with policy implications, emphasizing the need to attract quality FDI and strengthen domestic absorptive capacities to ensure sustainable growth and job creation.