EconPapers    
Economics at your fingertips  
 

Comparative regional GDP analysis: case study of Croatia

Elza Jurun () and Snježana Pivac ()

Central European Journal of Operations Research, 2011, vol. 19, issue 3, 319-335

Abstract: The focus of this paper is the regional GDP analysis of Croatian Counties. It is a part of an extensive on-going scientific research about Croatian economic challenges within the global recession environment. Although, as EU accession country, Croatia is divided into three NUTS 2 regions, twenty one Croatian Counties show significant economic and social disproportions. In multiple regression model it is researched to what extent regional GDP per capita depends on a set of regional variables (employment, gross investment, production of more important agricultural products, GVA per person employed, construction works value, exports, imports, foreign tourists arrivals, foreign tourist nights, ecology...). Subsequently parameters are evaluated by Monte Carlo simulations which are used for the first time in comparative regional analysis. Also Croatian Counties are classified using Cluster analysis to make a comparative analysis with official spacing into three NUTS 2 regions which are geographical and political areas rather than real and homogenous socio-economic areas. Copyright Springer-Verlag 2011

Keywords: Croatian counties; Regional development indicators; Multiple regression model; Monte Carlo simulations; Cluster analysis (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1007/s10100-010-0163-6 (text/html)
Access to full text is restricted to subscribers.

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:spr:cejnor:v:19:y:2011:i:3:p:319-335

Ordering information: This journal article can be ordered from
http://www.springer. ... search/journal/10100

DOI: 10.1007/s10100-010-0163-6

Access Statistics for this article

Central European Journal of Operations Research is currently edited by Ulrike Leopold-Wildburger

More articles in Central European Journal of Operations Research from Springer, Slovak Society for Operations Research, Hungarian Operational Research Society, Czech Society for Operations Research, Österr. Gesellschaft für Operations Research (ÖGOR), Slovenian Society Informatika - Section for Operational Research, Croatian Operational Research Society
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2020-04-23
Handle: RePEc:spr:cejnor:v:19:y:2011:i:3:p:319-335