In this paper relevant time series are study for empirical test of AK model of endogenous growth of the economy of Republic of Croatia. We used contemporary method of time series, testing of unit root and analyses of cointgration regressions. For that purpose research give consideration to...

The output gap, usually defined as the difference between the real GDP and that of the potential GDP, indicates the imbalance existing in a real economy. The output gap is based on the definition of unobserved potential output. This article presents estimations of the output gap in Croatian...

Purpose – This paper studies the relationship between category, size, location and chain affiliation of hotels and their star ratings. The hypothesis is that the signal should be less expensive to issue for high quality hotels (H-type) than that for low quality hotels (L-type).Methodology –...

Purpose – This paper analyses the determinants of tourism saturation for Croatia and quantifies their influences.Methodology –- Given the importance of tourism sector for Croatia, this paper investigates the factors affecting tourism saturation intensity in Croatia using panel data by static...

Does a country with a heavy dependence on a tourism economy have a tendency to succumb to more risk in a recession? With the shift from manufacturing-based economies in the developing world toward service-based industries, including tourism, a reliance on the tourism industry may erode economic...

Purpose – The purpose of this study are (1) to explore the determinants of visitors’ arrivals at a destination from various countries, and the determinants of length of stays in Croatia (2) to examine if there is interaction effect between individual characteristics of origin countries and...

This paper examines conditional convergence of Croatia’s counties in gross domestic product (GDP) and health care and tourism investment (HCTE) per working-age population. It presents estimation of the augmented Solow growth model suggested by Mankiw, Romer and Weil (1992) to explain variation...