engleski

Impact of Tourism on the Employment in Croatia

Tourism contributes significantly, both directly and indirectly, to the increase of the employment. The aim of this paper is to test a relationship between tourism and employment in Croatia based on quarterly data for the period 2000-2012. The relationships are examined using Granger causality test and Johansen co- integration approach. The empirical research indicates that tourism has a positive effect on employment while co-integration test indicates that there is a long-term correlation between the two variables.

Tourist arrivals; Employment; VAR; Granger causality test; co-integration; Croatia

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