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Pregled bibliografske jedinice broj: 944111

Long-term trends in Croatian GDP growth


Čeh Časni, Anita; Palić, Petra; Vizek, Maruška
Long-term trends in Croatian GDP growth // Policy-making at the European periphery : the case of Croatia / Petak, Zdravko ; Kotarski, Kristijan (ur.).
Cham: Palgrave Macmillan, 2018. str. 127-145 doi:10.1007/978-3-319-73582-5_7


Naslov
Long-term trends in Croatian GDP growth

Autori
Čeh Časni, Anita ; Palić, Petra ; Vizek, Maruška

Vrsta, podvrsta i kategorija rada
Poglavlja u knjigama, znanstveni

Knjiga
Policy-making at the European periphery : the case of Croatia

Urednik/ci
Petak, Zdravko ; Kotarski, Kristijan

Izdavač
Palgrave Macmillan

Grad
Cham

Godina
2018

Raspon stranica
127-145

ISBN
978-3-319-73581-8

Ključne riječi
BDP ; dugoročni trendovi ; konvergencija ; Hrvatska
(GDP ; long-term trends ; convergence ; Croatia)

Sažetak
We analyze the long-term trends in Croatian income convergence with respect to the EU. Croatia is the worst performer among new EU members in terms of β-convergence. Stochastic income convergence tests with breaks suggest Croatia is not able to catch up to old EU members, but could still diminish the difference between Croatian and new EU members’ income levels over the long term. Analysis of Croatian gross domestic product (GDP) and gross value added (GVA) growth drivers suggests services-led growth fueled by investments in nontradable sector and government consumption contributed to the observed income divergence as new EU members grew faster, dominantly drawing from the personal consumption, international trade and manufacturing growth. Deindustrialization and technological downgrading of the tradable sector also contributed to slower GDP growth in the observed period.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija



POVEZANOST RADA


Ustanove
Ekonomski institut, Zagreb,
Ekonomski fakultet, Zagreb

Citati