Naslov
Economic Growth and Tourism Demand in Croatia: The Cyclical Components Analysis

Autori
Svilokos, Tonći ; Šuman Tolić Meri, Pavlić Ivana

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

Izvornik
Proceedings of 7th International Conference „An Enterprise Odyssey: Leadership, Innovation and Development for Responsible Economy“ / Galetić, Davorka ; Spremić, Mario ; Šimurina, Jurica - Zagreb : Ekonomski fakultet Sveučilišta u Zagrebu, 2014, 305-326

ISBN
978-953-6025-92-3

Skup
7th International Conference „An Enterprise Odyssey: Leadership, Innovation and Development for Responsible Economy“

Mjesto i datum
Zadar, Hrvatska, 04.06.2014. - 07.06.2014

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
tourist arrivals; economic growth; cycle components; VAR; Croatia

Sažetak
Development of tourism has often been considered as a positive contributor to economic growth. The impact of tourism to a country economy is multifaceted. As such, tourism may represent an excellent tool for development. For developing countries, such as Croatia that are faced with the problems of short data sample and, according the all circumstances, computable general equilibrium model is appropriate, because the advantage of this technique upon traditional models lies in the fact that this model includes more realistic set of economy wide constraints. This paper presents preliminary findings using descriptive statistics and spectral analysis. Therefore, the main purpose of this research is to examine the relationship between the cyclical components of Croatian economy for periods 1972-2013. Using spectral analysis the authors compare the cyclical fluctuations of gross domestic product (GDP) and total tourist arrivals. VAR analysis is also applied in order to detect the relationship between analysed cyclical components in Croatia.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA