Economic aspects of the mining industry in the Slovak Republic

the sectoral structure with a focus on the mining industry and its role in the economy of Slovak Republic. The analysed period is based on
the time series provided by the current statistics for the years 2004-2016 using the revised ESA 2010, which represents the most recent
internationally comparable accounting framework of the EU. The paper presents two selected analytical approaches to the evaluation of
the mining industry in the V4 countries. The shares of individual sectors on the Slovak economy are surveyed on GDP and employment
within the analysed period. At the same time, structural changes in the Slovak economy are analysed using selected indicators – the
Krugman index of specialisation and Balassa concentration index. These indices are examined on the gross value added basis at constant
prices for specific sectors in V4 countries. The result of this study is the quantification of the interrelations between selected indicators
characterising the mining industry and the identification of the economic position of the mining industry in the Slovak Republic. The benefit
of the study also consists in the quantification of inter-sectoral relations in the Slovak economy.