IDEAS home Printed from https://ideas.repec.org/a/hde/epregl/v69y2018i1p20-42.html
   My bibliography  Save this article

The Contribution Of Tourism To The Croatian Economy: An Io Approach

Author

Listed:
  • Neven Ivandić

    (Institute for Tourism, Zagreb)

  • Ivan Šutalo

    (Zagreb School of Economics and Management, Zagreb)

Abstract

In order to understand the contribution of tourism to the economy and the effects of possible structural changes during the tourism boom that Croatia is currently facing, the article focuses on the place and role of tourism in the Croatian economy and its impact on the output of the most relevant industries. The aim of the paper is to estimate the contribution of tourism to the gross domestic product of Croatia and to measure the multiplicative effects of tourism consumption on the different industries of the economy during a nine year period, based on a specific methodological framework, which integrates tourism satellite and input-output models in three different years. The analysis has provided an approximation of the total tourist industry contribution to the national economy, ranging from 14.2 to 16.3 percent of the gross value added of the whole of the economy. It concludes that tourism consumption has a positive effect on both tourism and non-tourism products and activities. Improvement of the quality of the research within the input-output framework requires the process of the fractionalization of input-output tables but also a more precise extraction of activities characteristic of tourism than there has previously been.

Suggested Citation

  • Neven Ivandić & Ivan Šutalo, 2018. "The Contribution Of Tourism To The Croatian Economy: An Io Approach," Ekonomski pregled, Hrvatsko društvo ekonomista (Croatian Society of Economists), vol. 69(1), pages 20-42.
    • Handle: RePEc:hde:epregl:v:69:y:2018:i:1:p:20-42
    as

    Download full text from publisher

    File URL: https://hrcak.srce.hr/195502
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Adam Blake, 2009. "The Dynamics of Tourism's Economic Impact," Tourism Economics, , vol. 15(3), pages 615-628, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Niccolò Comerio & Fernanda Strozzi, 2019. "Tourism and its economic impact: A literature review using bibliometric tools," Tourism Economics, , vol. 25(1), pages 109-131, February.
    2. Pilar Barra & Bartolomé Marco & Cristina Cachero, 2019. "Economic impact of language tourism on mature sun and sand destinations: The case of Alicante (Spain)," Tourism Economics, , vol. 25(6), pages 923-941, September.

    More about this item

    Keywords

    tourism satellite account; input-output tables; contribution of tourism; structural inter-sectoral changes; Croatia;
    All these keywords.

    JEL classification:

    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hde:epregl:v:69:y:2018:i:1:p:20-42. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Josip Tica (email available below). General contact details of provider: https://edirc.repec.org/data/hdeeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.