Naslov
Application of Multiple Regression Analysis in modeling the role of the hotel industry in a country's economy

Autori
Buljat, Maja ; Herman, Suzana ; Čović, Kristijan

Izvornik
Journal of economic and social development (1849-6628) 9 (2022), 2; 11-20

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
hotel industry, economy, Croatia, multiple regression analysis

Sažetak
The aim of this paper is to present the relationship between independent variables that represent one of the indicators of hotel operations and their importance for the country's economic development as measured by gross domestic product in the activities of providing lodging and food and beverage services. The research sample consists of hotel enterprises located on the territory of the Republic of Croatia that provided yearly financial statements from 2002 to 2018. Multiple linear regression analysis revealed a strong significant link between the set variables within the model, indicating that the given independent variables are significant predictors of gross domestic product in the activity of providing accommodation and food and beverage preparation and service, confirming the positive impact of hotel operations on economic development.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA