In this paper we investigate purchasing power parity in the CEE and post-War former-Yugoslav states during EU integration process 1994-2006. This work stems from longer term tests of real exchange rate convergence in the former Yugoslavia. This period is of interest on two fronts: First, it...

In this paper multivariate Johansen cointegration technique is used in order to estimate health demand function in Croatia. Empirical estimate is based on the theoretical foundation of Grossman's model. According to the estimate, the number of physician visits in Croatia is a function of...

In this paper we investigate the real interest parity condition in ten Eastern European transition countries during 1997-2009 period. Our sample is interesting for three reasons: It covers the second stage of economic transition in the aftermath of the collapse of socialism; the establishment of...

U ovome radu analizirali smo kretanje BDP-a per capita, demografski i gospodarski razvoj Hrvatske između 1870. i 2000. godine. Napravljena je poredbena raščlamba četiri odvojena razvojna razdoblja hrvatskog gospodarstva: razdoblja Austro-Ugarske Monarhije, Kraljevine Jugoslavije (SHS),...

The influential and controversial paper by Reinhart and Rogoff (2010) triggered a debate on the effects of public debt on economic growth. Subsequent papers provide more convincing results. However, one of the key assumptions implied in these studies is that lower economic growth is spurred by...

Cilj ovoga rada je procijeniti Modiglijanijevu funkciju potrošnje u gospodarstvu Hrvatske koja osim efekta raspoloživog dohotka inkorporira i efekt bogatstva na potrošnju. Procjena je napravljena na kvartalnim podacima na dostupnoj statističkoj građi za razdoblje nakon 1997. godine....

In this paper, framework of the relative labor cost has been used in order to analyze relative competitiveness of the economic agents in the Croatia and five accession countries. Therefore, unit labor costs have been calculated for the Croatia, Czech Republic, Hungary, Poland, Slovakia and...