Differences between Croatia and EU Candidate Countries: the CAGE Distance Framework

Miloloža Helena ()
Additional contact information
Miloloža Helena: Faculty of Economics and Business – Zagreb, University of Zagreb, Croatia

Business Systems Research, 2015, vol. 6, issue 2, 52-62

Abstract: Background: Nowadays, international cooperation is unevenly divided among countries. The decisive criteria imply cultural, administrative, geographical, and economical closeness among countries. Therefore, understanding such factors can significantly facilitate the performance of the company on foreign market.Objectives: The goal of this paper is to identify the fundamental differences between Croatia and the EU candidate countries through a comprehensive and systematic analysis of the determinants within the CAGE Distance Framework. This systematic analysis can significantly intensify Croatia’s international exchange and improve Croatia’s performance at important foreign markets.Methods/Approach: Research comprises original datasets on distance factors within CAGE distance framework. With cultural, administrative, geographic and economic data of Croatia and EU candidate countries, empirical support about the impact of distinctions on international exchange has been given.Results: Cultural and geographical similarities are particularly noticeable among Croatia and EU candidate countries, although there are also no significant differences in the administrative and the economic dimension. However, Turkey is the only country that somewhat differs in each segment.Conclusions: Similarities have significant influence on cross-border trade. With all present similarities and differences, cooperation among Croatia and the EU candidate countries has a perspective for development, especially at a time when all candidate countries join the EU.

Keywords: the CAGE Distance Framework; Croatia; EU candidate countries (search for similar items in EconPapers)
JEL-codes: F02 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/bsrj-2015-0011 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bit:bsrysr:v:6:y:2015:i:2:p:52-62

DOI: 10.1515/bsrj-2015-0011

Access Statistics for this article

Business Systems Research is currently edited by Mirjana Pejić Bach

More articles in Business Systems Research from Sciendo
Bibliographic data for series maintained by Peter Golla ().