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Alignment with EU Regulations in the Field of the Competition Policy and System of State Aid in Western Balkan Countries

Author

Listed:
  • Stojanović Boban

    (University of Niš Faculty of Economics, Serbia)

  • Kostić Zorana

    (University of Niš, Faculty of Mechanical Engineering, Serbia)

  • Vučić Vladan

    (University Union-Nikola Tesla Belgrade, Faculty of Law, Security and Management “Konstantin Veliki” Niš, Serbia)

Abstract

The underying idea behand the foundation of the European Union is a single, integrated and competitive market. The future of the entire Western Balkans region (Albania, Bosnia and Herzegovina, Kosovo*, Montenegro, North Macedonia and Serbia) lies within the European Union. The main purpose of this paper is to explore the multiplicative effects of the alignment of European Union regulations with the competition policy in Western Balkan countries. In addition, the paper is designed to highlight the specific issues, challenges in this field, and provides an overview of empirical trends. A combination of qualitative and quantitative approach proposes methodological framework which recognizes different economic environments and regulatory frameworks. By comparing selected economic indicators related to competiton authorities (number of staff in the national authorities, annual budget of the national authorities, number of prohibited agreements, abuse of dominant position, notification of concentrations, opinions), the authors give a reliable basis for comparative progress analysis in this filed. Using multi-criteria optimization as a key method, as well as network and input-output display, the obtained results suggest country whose competition authority is efficient frontier. The significance of this research stems from the current debate whether the harmonized competition policy should speed up and facilitate the process of the accession of new member states to the European Union.

Suggested Citation

  • Stojanović Boban & Kostić Zorana & Vučić Vladan, 2021. "Alignment with EU Regulations in the Field of the Competition Policy and System of State Aid in Western Balkan Countries," Economic Themes, Sciendo, vol. 59(2), pages 173-191, June.
    • Handle: RePEc:vrs:ecothe:v:59:y:2021:i:2:p:173-191:n:3
    DOI: 10.2478/ethemes-2021-0010
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    References listed on IDEAS

    as
    1. Jean-Luc Gaffard & Michel Quéré, 2007. "What’s the aim for competition policy: Optimizing market structure or encouraging innovative behaviors?," Springer Books, in: Uwe Cantner & Franco Malerba (ed.), Innovation, Industrial Dynamics and Structural Transformation, pages 393-405, Springer.
    2. Snezana Radukic & Zoran Mastilo & Zorana Kostic & Ljubisa Vladusic, 2019. "Measuring of The Goods and Labor Markets Efficiency: Comparative Study of Western Balkan Countries," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 15(2), pages 95-109.
    3. Paolo Buccirossi & Lorenzo Ciari, 2018. "Western Balkans and the Design of Effective Competition Law: The Role of Economic, Institutional and Cultural Characteristics," Contributions to Economics, in: Boris Begović & Dušan V. Popović (ed.), Competition Authorities in South Eastern Europe, pages 7-41, Springer.
    4. Audretsch, David B. & Baumol, William J. & Burke, Andrew E., 2001. "Competition policy in dynamic markets," International Journal of Industrial Organization, Elsevier, vol. 19(5), pages 613-634, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    competiton policy; system of state aid; European integration; Western Balkans; multicriteria optimization;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law

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