UTMS Journal of Economics

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UTMS Journal of Economics UTMS Journal of Economics is focused for the area of South and Southeastern Europe, but contributions from other parts are also welcome ISSN 1857-6982 (ONLINE) ISSN 1857-6974 (PRINT) Journal metadata
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  • Aims and scope

    UTMS Journal of Economics is an international, multidisciplinary journal intended to anyone with an active interest in economic issues. The journal is published regularly twice per year (In June and December) by the University of Tourism and Management - Skopje, Macedonia. UTMS Journal of Economics is focused for the area of south and southeastern Europe, but contributions from other parts are also welcome.
     
    This journal aims to publish highly selective original articles of current relevance that will have a long-term impact on economics research and it is a key source for professional economists in higher education, business, government service and the financial sector. At least two anonymous referees review each article and make the evaluation.

  • Profile

    UTMS Journal of Economics is an international, multidisciplinary journal intended to anyone with an active interest in economic issues. The journal is published regularly twice per year (In June and December) by the University of Tourism and Management - Skopje, Macedonia. UTMS Journal of Economics is focused for the area of south and southeastern Europe, but contributions from other parts are also welcome. This journal aims to publish highly selective original articles of current relevance that will have a long-term impact on economics research and it is a key source for professional economists in higher education, business, government service and the financial sector. At least two anonymous referees review each article and make the evaluation. Instructions to authors are listed at the end of the journal.

  • Indexing

    UTMS Journal of Economics is indexed and abstracted in following databases:
     
    AP PLATFORMS
    C.I.R.E.T.
    DOAJ
    EBSCO
    EconPapers
    EDRIC
    GOOGLE SCHOLAR
    IDEAS
    Open J-Gate
    ProQuest LLC

  • Editors

    Editor-in-Chief:
    Prof. Zoran Ivanovic,Ph.D.
     
    Managing Editor: Prof. Ace Milenkovski,Ph.D.

    Editorial Assistent: Suzana Baresa,M.A.

    Production Editor: Mario Cacic,M.A

    International Scientific and Editorial Board:
     
    Prof. Amal Abou Fayad, Ph.D., Université Saint-Esprit de Kaslik, Faculté de Gestion et des Sciences Commerciales, Jounieh, Lebanon;
    Prof. Ahmet Aktaş, Ph.D., Akdeniz University, School of Tourism and Hotel Management, Arapsuyu, Turkey;
    Prof. Mehmet Teoman Alemdar, Ph.D., ÖZYEĞİN University, School of Applied Sciences, Istanbul, Turkey;
    Prof. Ante Bistricic, Ph.D., University of Rijeka, Faculty of Maritime Studies Rijeka, Croatia;
    Prof. Constantin A. Bob, Ph.D., Academy of Economics Studies, Faculty of Commerce, Academy of Economics Studies, Bucharest, Romania;
    Prof. Dimitrios Buhalis, Ph.D., Bournemouth University, The School of Services Management, Dorset, United Kingdom;
    Prof. Kaye Chon, Ph.D., Hong Kong Polytechnic University, School of Hotel and Tourism Management, Hong Kong, China;
    Prof. Evangelos Christou, Ph.D., University of the Aegean, Department of Business Administration, Chios, Greece;
    Prof. Muris Cicic, Ph.D., University of Sarajevo, School of Economics and Business in Sarajevo, Bosnia and Herzegovina;
    Prof. Chris Cooper, Ph.D., University of Queensland, School of Tourism and Leisure Management, Ipswich, Australia;
    Prof. Besim Culahovic, Ph.D., University of Sarajevo, School of Economics and Business in Sarajevo, Bosnia and Herzegovina;
    Prof. Anca Dodescu, Ph.D., University of Oradea, Economics Faculty, Oradea, Romania;
    Prof. Ivan Ferencak, Ph.D., University of Osijek, Faculty of Economics in Osijek, Croatia;
    Prof. Gancho Ganchev, Ph.D., South West University, Faculty of Economics Blagoevgrad, Bulgaria;
    Prof. Georgi Georgiev, Ph.D., South West University, Faculty of Economics, Blagoevgrad, Bulgaria;
    Prof. Marian Gúcik, Ph.D., University of Banska Bystrica, Faculty of Economics, Banska Bystrica, Slovakia;
    Prof. Dogan Gursoy, Ph.D., Washington State University, College of Business, Washington, USA;
    Prof. Antti Haahti, Ph.D., University of Lapland, Finland;
    Prof. Olga Hadžić, Ph.D., University of Novi Sad, Faculty of Sciences, Serbia;
    Prof. Michael Hall, Ph.D., University of Canterbury, College of Business & Economics, Christchurch, New Zeland;
    Prof. Ritva Hoykinpuro, Ph.D., Lahti Polytechnic, Fellmanni Institute for Hospitality & Tourism, Lahti, Finland;
    Prof. Elizabeth M. Ineson, Ph.D., Manchester Metropolitan University, Faculty of Food Clothing & Hospitality Management, United Kingdom;
    Prof. Slobodan Ivanovic, Ph.D., University of Rijeka, Faculty of Tourism and Hospitality Management in Opatija, Croatia;
    Prof. Dobrica Jovicic, Ph.D., University of Belgrade, Faculty of Geography, Serbia;
    Prof. Jay Kandampully, Ph.D., Ohio State University, College of Education & Human Ecology, USA;
    Prof. Rabija Somun-Kapetanovic, Ph.D., University of Sarajevo, School of Economics and Business in Sarajevo, Bosnia and Herzegovina;
    Prof. Pavlos Karakoltsidis, Ph.D., Technological Educational Institute of Thessaloniki, Greece;
    Prof. Ioannis Karamanidis, Ph.D., Technological Educational Institution of Thessaloniki, Greece;
    Prof. Hanan Kattara, Ph.D., Alexandria University, Faculty of Tourism and Hotels, Alexandria, Egypt;
    Prof. Saad Al-Deen Kharfan, Ph.D., Tishreen University, Syria;
    Prof. Fotis Kilipiris, Ph.D., Technological Educational Institute of Thessaloniki, Greece;
    Prof. Metin Kozak, Ph.D., University of Mugla, School of Tourism and Hospitality Management, Turkey,
    Prof. Todor Kralev, Ph.D., University of Tourism and Management - Skopje, Macedonia;
    Prof. Silio Rigatti Luchini, Ph.D., Universita degli studi di Padova, Italia;
    Prof. Slobodan Malinic, Ph.D., University of Kragujevac, Faculty of Economic, Serbia;
    Prof. Branimir Markovic, Ph.D., University of Osijek, Faculty of Economics in Osijek, Croatia;
    Prof. Sofronija Miladinoski, Ph.D., Faculty of Tourism and Hospitality, Ohrid, Macedonia;
    Prof. Dieter Müller, Ph.D., University of Umeå, Department of Social and Economic Geography, Sweden;
    Prof. Chavdar Nikolov, Ph.D., South West University, Blagoevgrad, Bulgaria;
    Prof. Ludmila Novacká, Ph.D., University of Economics, Faculty of Commerce, Bratislava, Slovakia;
    Prof. Silvije Orsag, Ph.D., University of Zagreb, Faculty of Economics, Zagreb, Croatia;
    Prof. Giovanni Panjek, Ph.D., Universita degli studi di Tireste, Facolta di Economia il Preside, Trieste, Italia;
    Prof. Franc Pauko, Ph.D., Faculty of Economics & Business Maribor, Slovenia;
    Prof. Harald Pechlaner, Ph.D., Universität Innsbruck, Austria;
    Prof. Jovan Plavsa, University of Novi Sad, Faculty of Sciences, Serbia;
    Prof. Stevan Popovic, Ph.D., Mediterranean University, Podgorica, Montenegro;
    Prof. Rayka Presbury, Ph.D., University of Western Sydney, College of Business, Penrith South, Australia;
    Prof. Goran Radovic, Ph.D., University of Montenegro, Faculty of Tourism and Hotel Management, Kotor, Montenegro;
    Prof. Mukesh Ranga, Ph.D., Bundelkhand University, India;
    Prof. Gordana Reckoska, Ph.D., University of Bitola «St. Kliment Ohridski», Ohrid, Macedonia;
    Prof. Chris Roberts, Ph.D., University of Massachusetts, USA;
    Prof. Ana-Isabel Rodrigues, Ph.D., Polytechnic Institute of Beja, Portugal;
    Prof. Dragan Roller, Ph.D., University of Rijeka, Faculty of Tourism and Hospitality Management in Opatija, Croatia;
    Prof. Zeljko Sain, Ph.D., University of Sarajevo, School of Economics and Business in Sarajevo, Bosnia and Herzegovina;
    Prof. Odysseas Sakellaridis, Ph.D., University of the Aegean, Greece;
    Prof. Josef Sala, Ph.D., Akademia Ekonomiczna Krakowie, Poland;
    Prof. Ian Senior, Ph.D., Emirates Academy, United Arab Emirates;
    Prof. Alexey Sesyolkin, Ph.D., Russian International Academmy for Tourism, Moscow, Russia;
    Prof. Marianna Sigala, Ph.D., University of the Aegean, Greece;
    Prof. Branka Krivokapic-Skoko, Ph.D., Faculty of Business, Charles Sturt University Bathurst, Australia;
    Prof. Marcin W. Staniewski, Ph.D., University of  Finance and Management in Warsaw, Poland;
    Prof. Anders Steene, Ph.D., National Institute for Working Life, Stockholm, Sweden;
    Prof. Vladimir Stojanovic, Ph.D., University of Novi Sad, Faculty of Science, Department of Geography, Tourism and Hotel Management, Novi Sad, Serbia;
    Prof. Lorena Mosnja-Skare, Ph.D., Department of Economics and Tourism, Juraj Dobrila University of Pula, Croatia;
    Prof. Marinko Skare, Ph.D., Department of Economics and Tourism, Juraj Dobrila University of Pula, Croatia;
    Prof. Tatjana Stanovcic, Ph.D., University of Montenegro, Faculty of Tourism and Hospitality, Kotor, Montenegro;
    Prof. Snezana Stetic, Ph.D., University of Novi Sad, Faculty of Sciences, Department of Geography, Tourism and Hotel Management, Serbia;
    Prof. Dessislava Stoilova, Ph.D., South West University, Blagoevgrad, Bulgaria;
    Prof. Aleksandar Stojmilov, Ph.D., University of Tourism and Management - Skopje, Macedonia;
    Prof. Jan Telus, Ph.D., Wyzsza Szkola Zarzadzania Gospodarka Regionalna i Turystyka, Kielce, Poland;
    Prof. Ada Mirela Tomescu, Ph.D., University of Oradea, Economics Faculty, Oradea, Romania;
    Prof. Veljko Trivun, Ph.D., University of Sarajevo, School of Economics and Business in Sarajevo, Bosnia and Herzegovina;
    Prof. Paris Tsartas, Ph.D., University of the Aegean, Chios, Greece;
    Prof. Francois Vellas, Ph.D., University of Toulouse, France;
    Prof. Vladimir Veselica, Ph.D., University of Zagreb, Faculty of Economics and Business, Zagreb, Croatia;
    Prof. Craig Webster, Ph.D., College of Tourism and Hotel Management, Cyprus;
    Prof. Elfrida Zefi, Ph.D., University «Fan S. Noli», Korça Economic Faculty, Korçë, Albania;
    Prof. Igor V. Zorin, Ph.D., Russian International Academmy for Tourism, Moscow, Russia

  • Guide to authors

    All submitted manuscripts to the UTMS Journal of Economics should contain original research not previously published and not under consideration for publication elsewhere.

    Manuscripts may come from any country but must be written in English. All submissions must be accompanied by abstracts of the authors' manuscripts on related subjects that are in press or under editorial review. Papers are subjects to the anonymous judgment at least by two independent referees in one of the following categories: Original scientific papers, Preliminary communications, Subject reviews, Conference papers, Technical papers. Papers without positive classification of the referees will not be published in the UTMSJournal of Economics.

    Manuscripts (text with all supplements) should be written in the English language (Latin letters) using Microsoft Word, and submitted by e-mail (plus one printed version). English language cited references are also recommended. The scope of submitted text should not exceed more than 30 000 characters (15 pages), which are typed according to the below instructions.
    Text should be written in neuter gender, concisely and in correct orthography. The author is responsible for language-edit. Emphasis should be on results, their interpretations and conclusions, and for already known data, experimental methods and apparatus, sources should be mentioned.

    Text:

    Font: Times New Roman, size 10; Line spacing: single; Use A4 Format (297x210 mm);
    Page Setup: Margins: top 5 cm, bottom 5 cm, left 4.4 cm, right 4.2 cm, gutter 0 cm
    (Layout: header 4 cm, footer 4 cm).
    Manuscript should be arranged in the following order of presentation.
    First sheet: Author’s name (the name and surname of all authors), their titles, name and full addresses of their institutions, full postal address, telephone and fax numbers, e-mail address. Title of the paper should be concise and informative and written in English language. Abstract and keywords: Abstract written in English language (between 100 and 150 words with 4-6 keywords pertinent to the central theme).
    Second sheet: Title, Abstract and keywords, main body of text, list of references. Introduction, conclusion and list of references are not marked by numbers.
     
    References:

    In the text references must me included using Harvard system “author-date” system of citation e.g. (Jackson 2004, 176) or (Jackson and Miller 2005, 26). If the paper is signed by more than two authors, the abbreviation et al. must be placed after the family name of the first author, e.g. (Pentek et al. 2004). If several papers by the same author and from the same year are cited, a, b, c, ect. should be put after the year of publication. The Reference should be listed in full at the end of the text, in alphabetical order of authors. Examples:
     
    Journal article:

    Jackson, E. and Wong, R. (1982) Perceived conflict between urban cross country skiers and snowmobilers in Alberta. Journal of Leisure Research, Vol 12, No 2, pp. 42-62.

    Book:

    Keller, K.L. (2003). Strategic brand management. Upper Saddle River. New Jersey: Prentice Hall

    Book chapter:

    Schluter, R.G. (1994) Tourism development: a Latin American perspective, in W.F. Theobald (Ed.) Global Tourism: The Next Decade(pp. 246-66). Oxford: Butterworth-Heinemann.

    Internet citations:

    Use the same style as for above sources but include the date downloaded and the full URL.
     
    Figures, graphs, tables:

    Enclosures to the text (figures, graphs, tables) should be prepared in this page set-up. Figures, graphs and tables should be numbered consecutively in Arabic numerals and given a suitable caption. Title should be located above in upper corner of figure; graph or table the source should be located below figure, graph or table.
     
    The editors reserve right to return to authors, without peer review, improperly formatted manuscripts. Copyright for all articles published in UTMS Journal of Economics is held by individual authors. The Editorial Board is not responsible for any possible violations of existing copyright in articles published in the UTMS Journal of Economics, all responsibility is on the authors of those articles.    
     

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