Naslov
Tourism, Welfare and Real Estate Market in Small Open Economy: the Case of Croatia

Autori
Družić, Ivo ; Čavrak, Vladimir ; Tica, Josip

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

Izvornik
Achieving Competitive Advantage Through Managing Global Resources / Delener, N. ; Fuxman, L. ; Lu, V. ; Rivera-Solis, L. E. ; Su, C. - Taipei : Global Business and Technology Association (GBATA), 2007, 217-225

ISBN
1-932917-03-9

Skup
Achieving Competitive Advantage Through Managing Global Resources

Mjesto i datum
Taipei, Tajvan, 03.07.2007. - 07.07.2007

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Tourism; Welfare; Real Estate Market

Sažetak
The paper investigates effects of the tourism boom on the real estate market in Croatia. According to the general equilibrium models of the tourism intensive small open economy, the most important benefit of the tourism is reflected in the fixed-factors rents, namely real estate market rents. This paper investigates results of the small open tourism intensive economy theoretical model in the case of the transition and EU accession of the Croatian economy. Analysis is focused on the real exchange rate changes in the tourism sector as the main source of welfare improvements and its effects on the fixed-factor prices in Croatia.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA