The Three-Parameter Classification Model of Seasonal Fluctuations in the Croatian Nautical Port System

Eli Marušić, Joško Šoda and Maja Krčum
Additional contact information
Eli Marušić: Faculty of Maritime Studies, University of Split, Split 21000, Croatia
Joško Šoda: Faculty of Maritime Studies, University of Split, Split 21000, Croatia
Maja Krčum: Faculty of Maritime Studies, University of Split, Split 21000, Croatia

Sustainability, 2020, vol. 12, issue 12, 1-17

Abstract: This paper aims to investigate the seasonal fluctuations in recreational boating demand in the Croatian Nautical Port System from 1998 to 2018. The number of vessels in transit is used as an organizational performance indicator of seasonal fluctuations. This research paper proposes a three-parameter model for the classification and sub-classification of each month during a nautical season by the variations in demand. To develop the model, the authors propose statistical measures: an average, a spread ratio coefficient, and a correlation coefficient. The proposed Three-Parameter Classification Model enables more efficient market demand analysis in the long run. The results of the research show differences in demand intensity across a nautical year and conform to a seasonal character of nautical sport and recreation in the Croatian Nautical Port System (CNPS). The results are confirmed by conducting ANOVA analysis on variables ( p < 0.00001), and t -test statistics on classification clusters ( p < 0.016).

Keywords: nautical demand; recreational boating; seasonality; three-parameter model; organizational performance (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.mdpi.com/2071-1050/12/12/5079/pdf (application/pdf)
https://www.mdpi.com/2071-1050/12/12/5079/ (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:gam:jsusta:v:12:y:2020:i:12:p:5079-:d:374749

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().