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This study focused on the effect of investments in fixed assets on the employment growth in Serbia during the period from 2013 to 2020. The data are drawn from the publicly available data of the Serbian Business Register Agency and include all registered companies in the country which submit-ted their annual reports. The results show the high correlation between yearly investment in fixed assets and employment growth. We also concluded that the average annual investment in fixed assets grows from year to year, making the opening of a new workplace each year more expensive.

Investment in fixed assets impact on the employment growth in the Republic of Serbia