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Productivity And Profitability In Croatian Retail After The Crisis

Author

Listed:
  • Fran Galeti?

    (Faculty of Economics and Business, University of Zagreb)

  • Tomislav Herceg

    (Faculty of Economics and Business, University of Zagreb)

Abstract

The retail sector is one of the most important sectors in Croatian economy. This paper analyzes the profitability of Croatian retail sector compared to other countries of the European Union. The aim of this paper is to show the position of Croatia as the youngest member state of the European Union in comparison with other member states of the European Union and especially compared to ten "new" member states of the European Union. The analysis will show in which areas Croatia is similar to the European Union, but it will also show that unlike most new member states, Croatia?s GDP growth was driven essentially by employment growth, with limited productivity gains.

Suggested Citation

  • Fran Galeti? & Tomislav Herceg, 2016. "Productivity And Profitability In Croatian Retail After The Crisis," Proceedings of International Academic Conferences 5306961, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:5306961
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    File URL: https://iises.net/proceedings/27th-international-academic-conference-prague/table-of-content/detail?cid=53&iid=016&rid=6961
    File Function: First version, 2016
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    More about this item

    Keywords

    Productivity; Profitability; Croatia; European Union; Retail;
    All these keywords.

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • O00 - Economic Development, Innovation, Technological Change, and Growth - - General - - - General

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