Naslov
The growth path of the region lagging behind: The case of the Osijek-Baranja county

Autori
Borozan, Đula

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Economic and Social Development / Ribeiro, Humberto Nuno ; Fotova Cikovic, Katarina ; Kovac, Ivana - , 2023, 7-16

Skup
95th International Scientific Conference on Economic and Social Development

Mjesto i datum
Aveiro, Portugal, 27.04.2023. - 28.04.2023

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
gross domestic product, human capital, industry, low-income region, NUTS3 level

Sažetak
Revealing the economic specificities and development potential of areas on a smaller geographic scale is increasingly attracting research attention. This is especially important for lagging regions to support their sustainable economic growth and development. This paper aims to explore, discuss and provide empirical evidence of the gross domestic product (GDP) growth pathway of the Osijek-Baranja County in order to identify its main economic challenges. This county is located in the north-east of the Republic of Croatia. It belongs to the low-income regions, i.e., small lagging-behind regions, whose average GDP per capita was less than 50% of the European Union average in the period 2000-2019. The results obtained from the analysis of the official county-level statistical data on GgDP and gross value added of its most influential industries indicate that human capital, natural resources, technology and the prevailing value system remain the most important explanatory factors behind its economic performance and growth trajectory.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA