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The objective of this paper is to explore the intraregional and interregional relationships between employment of creative individuals in creative industries and the economic growth of Croatian regions. Spatial panel analysis is applied to assess the interregional effects of regional growth as well as interregional and intraregional effects of cultural and creative industries on economic growth in 2006–2012. While there is empirical evidence of positive interregional economic growth effects, the contribution of the creative potential to the growth of Croatian regions is found to be negative. These findings can be explained by overall modest representation of creative industries, particularly in faster growing regions, and the growth impediments imposed on creative industries by Croatian producers that mostly compete in standardized price-competitive segments of the market

Author

Listed:
  • Nebojsa Stojcic

    (University of Dubrovnik, Department of Economics and Business Economics, Croatia)

  • Katarina Bacic

    (The Institute of Economics, Zagreb, Croatia)

  • Zoran Aralica

    (The Institute of Economics, Zagreb, Croatia)

Abstract

No abstract is available for this item.

Suggested Citation

  • Nebojsa Stojcic & Katarina Bacic & Zoran Aralica, 2016. "The objective of this paper is to explore the intraregional and interregional relationships between employment of creative individuals in creative industries and the economic growth of Croatian region," Croatian Economic Survey, The Institute of Economics, Zagreb, vol. 18(2), pages 113-138, December.
    • Handle: RePEc:iez:survey:ces-v18_2-2016_stojcic-bacic-aralica
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    References listed on IDEAS

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    3. Emanuela Marrocu & Raffaele Paci, 2012. "Education or Creativity: What Matters Most for Economic Performance?," Economic Geography, Taylor & Francis Journals, vol. 88(4), pages 369-401, October.
    4. Emad Abd Elmessih Shehata & Sahra Khaleel A. Mickaiel, 2014. "SPREGSDMXT: Stata Module to Estimate Maximum Likelihood Estimation Spatial Panel Durbin Regression," Statistical Software Components S457771, Boston College Department of Economics.
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    More about this item

    Keywords

    creative potential; creative industries; regional growth; Croatia;
    All these keywords.

    JEL classification:

    • Z10 - Other Special Topics - - Cultural Economics - - - General
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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