THE ATTITUDES TOWARD THE EURO ADOPTION IN CROATIA

Željko Požega, Boris Crnković and Andreja Katolik Kovačević
Additional contact information
Željko Požega: Faculty of Economics, University of Osijek
Boris Crnković: Faculty of Economics, University of Osijek
Andreja Katolik Kovačević: Department of Social Sciences and Humanities, University of Slavonski Brod

Ekonomski pregled, 2023, vol. 74, issue 4, 612-630

Abstract: The purpose of the research is to investigate the attitudes towards the adoption of the euro. The research is exploratory and correlational and uses a combination of qualitative and quantitative approaches. The qualitative part of the research, carried out through the thematic analysis of the participants’ responses, is aimed at investigating the reasons behind the support or lack of support of the participants towards the adoption of the euro, and the quantitative part, through stepwise regression, identified the best predictors of support for adopting the euro. The research was conducted on a convenient sample of 242 participants. The topics that appeared during the analysis of the perceived negative effects of the introduction of the euro are the financial aspect and negative psychological consequences, while the topics that appeared when analysing the perceived positive effects of the introduction of the euro are the advantages of the single currency (e.g. in financial services, business and economy, lending, loans and related costs, etc.), and living standards (e.g. long-term: increase in purchasing power, convergence of living standards). The best predictors of the participants’ attitude towards the introduction of the euro were the perception of whether the introduction of the euro would lower their standard of living, whether they would have difficulty adjusting to the new value of money, and their trust in the European Parliament. The biggest limitations of the research are convenient sampling and the use of thematic analysis on the answers of the participants that were collected in the open-ended questions of the survey questionnaire. For the possibility of wider generalization of the results, it would be necessary to repeat the research on a larger sample, and for a better understanding of the respondents’ answers to the open-ended questions, it would be useful to use in-depth interviews. The use of open-ended questions and systematic thematic analysis is a special feature of this research because the results of the analysis enable new insights to be gained and at the same time the creation of a questionnaire and the application of quantitative methodology in order to check the possibility of population generalization of the obtained findings.

Keywords: EURO; attitudes; living standard; qualitative analysis (search for similar items in EconPapers)
JEL-codes: D81 E31 P2 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.32910/ep.74.4.6 (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:hde:epregl:v:74:y:2023:i:4:p:612-630

Ordering information: This journal article can be ordered from
Ekonomski pregled, Hrvatsko društvo ekonomista, Heinzelova 4a, 10000 Zagreb, Croatia
http://www.hde.hr/pregled_en.aspx

Access Statistics for this article

Ekonomski pregled is currently edited by Josip Tica

More articles in Ekonomski pregled from Hrvatsko društvo ekonomista (Croatian Society of Economists) Contact information at EDIRC.
Bibliographic data for series maintained by Josip Tica ().