Pregled bibliografske jedinice broj: 883204
Structural change in croatian real GDP growth rates
Structural change in croatian real GDP growth rates // Ekonomska misao i praksa : časopis Sveučilista u Dubrovniku, 26 (2017), 1; 205-218 (recenziran, članak, znanstveni)
CROSBI ID: 883204 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Structural change in croatian real GDP growth rates
Autori
Bošnjak, Mile
Izvornik
Ekonomska misao i praksa : časopis Sveučilista u Dubrovniku (1330-1039) 26
(2017), 1;
205-218
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
Markov model ; regimes ; GDP ; Croatia
Sažetak
Markov switching model captures the sudden changes in the observed series using exogenous variable which is unobserved and follows a stochastic process. This research fits Markov switching model to quarterly real GDP growth rates in Croatia for the period 2000:1 to 2016:2 in order to analyze changes in mean over time. Research results show that Croatian GDP growth rates are regime dependent. Markov switching model with two regimes detects shifts in Croatian GDP growth rates. Consistently with the previous similar researches, the research results indicate long lasting recession period and sluggish Croatian economy.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
Citiraj ovu publikaciju:
Časopis indeksira:
- Web of Science Core Collection (WoSCC)
- Emerging Sources Citation Index (ESCI)
- EconLit
