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Comparative Analysis of Trade Performance between the European Union and Serbia using AHP-DNMA Method

Author

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  • Radojko LUKIC

    (Faculty of Economics, University of Belgrade)

Abstract

This study aims to conduct a comparative analysis of the key performance indicators of trade between the European Union (EU) and Serbia. The AHP-DNMA method is used here. The results are as follows: the trade of France is in the first place. Next: Germany, Spain, Italy, the Netherlands, etc. The trade of the leading countries of the European Union is well positioned for performance. The trade of Croatia is positioned in twenty-second place in terms of performance. Slovenia’s trade is positioned in the twenty-third place in terms of performance. The trade performance of Croatia is better than that of Slovenia. According to performance results, she is in twentieth place. It is in a better performance position compared to the trade of Croatia and Slovenia. Adequate control of key factors is a function of achieving target performance.

Suggested Citation

  • Radojko LUKIC, 2024. "Comparative Analysis of Trade Performance between the European Union and Serbia using AHP-DNMA Method," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 9(3), pages 453-469, October.
    • Handle: RePEc:rom:merase:v:9:y:2024:i:3:p:453-469
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    More about this item

    Keywords

    performance; factors; Serbian trade; AHP-DNMA method.;
    All these keywords.

    JEL classification:

    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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