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Analysis Of Mutual Influences Of Single Variables On Croatian Tourism Results

Author

Listed:
  • Assoc. Prof. Ph.D Igor Štokovic
  • Assist. Prof. Ph.D Jasmina Gržinic
  • M.Sc. student, Kristina Pucic

    (Juraj Dobrila University Department of Economics and Tourism «Dr. Mijo Mirkovi», Croatia)

Abstract

The contribution of this paper is the analysis of economic influences of tourism and hotel industry on the economic growth of the Republic of Croatia. The aim of the paper is to analyze the problems of Croatian tourism in the period from 1985 to 2005. In order for the guidelines to be better determined, a statistical analysis of mutual influences of tourism variables will be performed. The statistical analysis in this paper includes average annual growth rates, the elasticity of tourist demand on anthropogenic events in the destination, the cyclic component of the GDP, and the influence of the GDP of hotels and restaurants on the overall GDP. Authors also presented the elasticity of single activities on the overall GDP and the influence of overnights and tourist arrivals on the total employment and employment in hotels and restaurants. The foundation for the acceptance of obtained results and their accuracy, as well as the justification of the set hypothesis, are the models of economical time series. The analyzed period is used into the focus because of the different and very strong influences on the Croatian tourism flows in above mentioned period.

Suggested Citation

  • Assoc. Prof. Ph.D Igor Štokovic & Assist. Prof. Ph.D Jasmina Gržinic & M.Sc. student, Kristina Pucic, 2009. "Analysis Of Mutual Influences Of Single Variables On Croatian Tourism Results," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(12), pages 145-157, April.
    • Handle: RePEc:aio:rteyej:v:1:y:2009:i:12:p:145-157
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    More about this item

    Keywords

    Tourism; Croatia; Influences; Forecasting.;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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