Naslov
The Analysis of Association between the Variables in Croatian Business Survey for Services Sector

Autori
Kurnoga, Nataša ; Erjavec, Nataša ; Bahovec, Vlasta

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

Izvornik
The Business & Management Review / P. R. Datta - New York (NY) : The Academy of Business & Retail Management, 2015, 263-268

Skup
International Conference on Business and Economic Development (ICBED)

Mjesto i datum
Sjedinjene Američke Države, 30.03.2015. - 31.03.2015

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Business Survey; liquidity; measures of association

Sažetak
The aim of this paper was to analyse the association between the variables in Croatia's Business Survey for the Services Sector. The survey was conducted for the 3rd quarter of 2014. Since the Business Survey is a qualitative survey, nonparametric measures of association were used. The empirical analysis was divided into two parts. The first part of the research includes the analysis of association between the variable liquidity as an important variable in the Croatian economy in recession conditions and the selected variables such as business position, demand and firm’s total employment over the past 3 months, and expected business position, demand and firm’s total employment in the next 3 or 6 months. In the second part, the relationships between past and expected business position, demand and firm’s total employment were explored. The results show that there are no statistically significant associations between variable liquidity and variables current and expected demand, firm’s total employment and business position. On the other hand there are statistically significant relationships between current and expected business position, as well as between demand and total employment, past and expected. Association between managers’ estimates and expectations suggests that the same dynamic of variables is expected in the next 3 to 6 months. Since their assessment of current business position, employment and turnover are unfavorable, it can be concluded that Croatian economy is going to retain in recession in the next several months.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA