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Dependence of Transportation on Industry in Croatia

Author

Listed:
  • Davor Mance

    (Faculty of Economics, University of Rijeka, 51000 Rijeka, Croatia)

  • Borna Debelić

    (Faculty of Maritime Studies, University of Rijeka, 51000 Rijeka, Croatia)

  • Alen Jugović

    (Faculty of Maritime Studies, University of Rijeka, 51000 Rijeka, Croatia)

Abstract

The transportation sector is the lifeblood of an economy. It is divided into three principal categories, i.e., modes of transportation: air, land, and water. This paper analyzes the post-financial crisis value added data for the Croatian economy (2008–2015) by analyzing the dependence of three categories of the transportation sector on the cumulative of all other sectors, and on the manufacturing sector in particular. The value added of the three categories of the transportation sector is progressively dependent on the value added of the cumulative industry. This may be due to the progressive dependence of the gross national product on transport because of specialization and division of labor resulting in economies of density due to network and agglomeration effects.

Suggested Citation

  • Davor Mance & Borna Debelić & Alen Jugović, 2021. "Dependence of Transportation on Industry in Croatia," Economies, MDPI, vol. 9(2), pages 1-11, March.
    • Handle: RePEc:gam:jecomi:v:9:y:2021:i:2:p:43-:d:524235
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    References listed on IDEAS

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