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The Adoption Effects of Electricity Sector on Croatian Economy


Bezić Heri; Galović, Tomislav; Arapović, Igor
The Adoption Effects of Electricity Sector on Croatian Economy // Economic System of European Union and Accession of Bosnia & Herzegovina / Kandžija, Vinko, Andrej Kumar (ur.).
Travnik, B&H: University of Travnik, B&H, 2012. str. 420-435


Naslov
The Adoption Effects of Electricity Sector on Croatian Economy
(The Adpotion Effects of Electricity Sector on Croatian Economy)

Autori
Bezić Heri ; Galović, Tomislav ; Arapović, Igor

Vrsta, podvrsta i kategorija rada
Poglavlja u knjigama, znanstveni

Knjiga
Economic System of European Union and Accession of Bosnia & Herzegovina

Urednik/ci
Kandžija, Vinko, Andrej Kumar

Izdavač
University of Travnik, B&H

Grad
Travnik, B&H

Godina
2012

Raspon stranica
420-435

ISBN
978-9958-641-11-4

Ključne riječi
Electricity sector, liberalization of markets, competition, expected impacts, Croatian economy

Sažetak
In times of recession, the revival of economy could be possible by encouraging investment and competitiveness of productive sectors, especially the electricity sector, which is one of the national priorities of Croatia. Croatia clearly sees its future within EU and thus becomes part of European energy policy. It is initially expected for EU electricity market to cause positive results on Croatian electricity sector like opening the market, influencing on competitiveness between firms, enhancing security of electrical supply, enabling the selection of suppliers and increasing efficiency and reducing costs. Croatia should follow the scenario of positive and negative effects of liberalization based on the experience of EU Member states in order to strengthen the competitiveness of the Croatian electricity sector. Furthermore, investment in electricity supply brings rapid recovery and brings economic growth. If Croatian economy wants to achieve mentioned scopes, it has to react promptly and efficiently. The aim of this research is to analyze current and future position of Croatia in the European electricity sector along with the circumstances. The methodology of this research is based on the application of SWOT analysis. Considering these results, the authors are predicting possible positive and negative adoption impacts of electricity sector on Croatian economy. The main results of the research indicate large and positive impacts of Croatian electricity sector adoption. It is obvious that negative effects exist but they are much weaker than mentioned positive results. Analysis is concluded with recommendations and proposals in order to reach a higher level of competitiveness. The main conclusion of this research is that there is a need to establish prerequisites and to define measures for better adjustment in the Croatian electricity sector. This would take the competitiveness of Croatian economy on much higher level. If Croatia focuses on positive effects and simultaneously invest efforts in reducing negative impacts of liberalization, it should definitely enhance its competitiveness and competitiveness of Croatian economy.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija



POVEZANOST RADA


Projekt / tema
081-0811403-1414 - Inovativnost, transfer tehnologije i konkurentnost hrvatskog izvoza (Heri Bezić, )

Ustanove
Ekonomski fakultet, Rijeka