engleski

Macroeconomic absorption capacities - empirical analysis for Croatia

This paper empirically investigates relationship between fixed capital investments and absorption of EU funds for Croatia. In order to do so, benchmark was created, i.e. forecasts using VAR were done for “old” EU member states and the results were compared with Croatian data. Results show that current fixed capital investments are on relatively low level when taking into account level of economic development of Croatia, i.e. Croatia has similar investment patterns of more developed, “old” EU member states.

EU funds, VAR

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