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Pregled bibliografske jedinice broj: 599183

The short-run and long-run behaviour of personal consumption in Croatia

Dumičić, Ksenija; Čeh Časni, Anita; Palić, Irena
The short-run and long-run behaviour of personal consumption in Croatia // Central European journal of operations research, 21 (2013), 1; 3-11 doi:10.1007/s10100-012-0254-7 (međunarodna recenzija, članak, znanstveni)

CROSBI ID: 599183 Za ispravke kontaktirajte CROSBI podršku putem web obrasca

Naslov
The short-run and long-run behaviour of personal consumption in Croatia

Autori
Dumičić, Ksenija ; Čeh Časni, Anita ; Palić, Irena

Izvornik
Central European journal of operations research (1435-246X) 21 (2013), 1; 3-11

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

Ključne riječi
Personal consumption ; Income ; House prices ; Total loans to households ; Vector Error Correction model

Sažetak
In this paper cointegration and error correction models are used to explore the long run and short run behavior of personal consumption in Croatia as a function of income, house prices and total credit to households. The results of the analysis showed that income (approximated by net real wage), house price and total credits to households play an important role in determining personal consumption. Also, lagged values of house prices showed significant impact on consumption, suggesting house price persistence. The most likely factors driving the house price persistence may include expectations and idiosyncratic institutional characteristics like illiquid real estate markets, inadequate property rights protection, high transaction costs, and underdeveloped financial instruments.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija



POVEZANOST RADA

Projekti:
067-0161711-2483 - Statističko modeliranje za povećanje konkurentnosti suvremenih organizacija (Dumičić, Ksenija, MZOS ) ( CroRIS)

Ustanove:
Ekonomski fakultet, Zagreb

Profili:

Avatar Url Anita Čeh Časni (autor)

Avatar Url Ksenija Dumičić (autor)

Avatar Url Irena Palić (autor)

Poveznice na cjeloviti tekst rada:

doi link.springer.com doi.org

Citiraj ovu publikaciju:

Dumičić, Ksenija; Čeh Časni, Anita; Palić, Irena
The short-run and long-run behaviour of personal consumption in Croatia // Central European journal of operations research, 21 (2013), 1; 3-11 doi:10.1007/s10100-012-0254-7 (međunarodna recenzija, članak, znanstveni)
Dumičić, K., Čeh Časni, A. & Palić, I. (2013) The short-run and long-run behaviour of personal consumption in Croatia. Central European journal of operations research, 21 (1), 3-11 doi:10.1007/s10100-012-0254-7.
@article{article, author = {Dumi\v{c}i\'{c}, Ksenija and \v{C}eh \v{C}asni, Anita and Pali\'{c}, Irena}, year = {2013}, pages = {3-11}, DOI = {10.1007/s10100-012-0254-7}, keywords = {Personal consumption, Income, House prices, Total loans to households, Vector Error Correction model}, journal = {Central European journal of operations research}, doi = {10.1007/s10100-012-0254-7}, volume = {21}, number = {1}, issn = {1435-246X}, title = {The short-run and long-run behaviour of personal consumption in Croatia}, keyword = {Personal consumption, Income, House prices, Total loans to households, Vector Error Correction model} }
@article{article, author = {Dumi\v{c}i\'{c}, Ksenija and \v{C}eh \v{C}asni, Anita and Pali\'{c}, Irena}, year = {2013}, pages = {3-11}, DOI = {10.1007/s10100-012-0254-7}, keywords = {Personal consumption, Income, House prices, Total loans to households, Vector Error Correction model}, journal = {Central European journal of operations research}, doi = {10.1007/s10100-012-0254-7}, volume = {21}, number = {1}, issn = {1435-246X}, title = {The short-run and long-run behaviour of personal consumption in Croatia}, keyword = {Personal consumption, Income, House prices, Total loans to households, Vector Error Correction model} }

Časopis indeksira:


  • Web of Science Core Collection (WoSCC)
    • Science Citation Index Expanded (SCI-EXP)
    • SCI-EXP, SSCI i/ili A&HCI
  • Scopus
  • EconLit

Uključenost u ostale bibliografske baze podataka::


  • EconLit
  • Zentrallblatt für Mathematik/Mathematical Abstracts
  • Google Scholar
  • EBSCO
  • ProQuest
  • Digital mathematics Registry, International Abstracts of Operations Research, Journal Citation Reports/Science Edition, Mathematical Reviews, RePEc
  • VINITI - Russian Academy of Science

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