Pregled bibliografske jedinice broj: 591558
Macroeconomic influences on Croatian financial market development
Macroeconomic influences on Croatian financial market development // Proceedings of the 27th International Conference on Organizational Science Development / Rajkovič, Vladislav ; Jereb, Eva ; Kern, Tomaž ; Kljajić, Miroljub ; Paape Bjoern ; Pagon, Milan ; Vukovič, Goran (ur.).
Kranj: Moderna organizacija, 2008. str. 2903-2909 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)
CROSBI ID: 591558 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Macroeconomic influences on Croatian financial market development
Autori
Učkar, Dean ; Nikolić, Jelena
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni
Izvornik
Proceedings of the 27th International Conference on Organizational Science Development
/ Rajkovič, Vladislav ; Jereb, Eva ; Kern, Tomaž ; Kljajić, Miroljub ; Paape Bjoern ; Pagon, Milan ; Vukovič, Goran - Kranj : Moderna organizacija, 2008, 2903-2909
ISBN
978-961-232-213-7
Skup
Knowledge for Sustainable Development
Mjesto i datum
Portorož, Slovenija, 19.03.2008. - 21.03.2008
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
Capital market; development; economic system; macroeconomic variables
Sažetak
A vide number of research articles in the past tried to established a connection between country’s financial and economic system. That connection is logical since they arise from each other, and the influence is bi-directional. Since the Republic of Croatia is in the process of accession to the European Union, through this research authors intentions was to determine the influence of certain macroeconomic variables on capital market development. The research was focused especially on capital market, as growing segment of Croatian total financial market, with considerable impact on economic growth. Thereat, the capital market development was approximated through adjusted variables of stock market capitalization and stock market index. With the regression analysis for the period from the year 1998 till 2007, it is determined that GDP, saving rate, investment rate, FDI, credit to private sector, broad money supply M4, value traded and inflation have influence on the movement of above described dependent variables. At the same time, there were found no evidence for turnover ratio, import, export and external debt as portion of GDP, and unemployment rate as important variables for the explanation of theirs movement.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
