A Contribution to the Empirics of Tourism Growth Cycles in the Croatia (CROSBI ID 542834)
Prilog sa skupa u zborniku | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Šergo, Zdravko ; Tomčić, Zdenko ; Poropat, Amorino ;
engleski
A Contribution to the Empirics of Tourism Growth Cycles in the Croatia
In this paper we use the non-parametric method proposed by Harding and Pagan (2003) to date tourism growth cycles in Republic of Croatia. We try to find turning points dating results in overnights stays. This paper studies the relationship between tourism growth cycles and industrial production fluctuations generated by tourism demand of few of the main emitive countries (Germany, Italy, Austria, Holland). We use robust, transparent and replicable dating rules in the context of economic tourism activity cycles. First of all, we are trying to detect the degree of synchronization of the tourism and economic cycles by a concordance index, and a lag concordance index. Observing cycles and producing dating indicator functions are important in examining potential asymmetric behaviour associated with tourism economic phases and are useful for forecasting purposes.
tourism; growth cycle; Hodrick-Prescott filter; recession; expansion; synchronization
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Podaci o prilogu
306-307.
2008.
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objavljeno
978-953-6025-23-7
Podaci o matičnoj publikaciji
4th International Conference An Enterprise Odyssey : Tourism - Governance and Entrepreneurship : proceedings
Galetić, Lovorka ; Čavlek, Nevenka
Zagreb: Ekonomski fakultet Sveučilišta u Zagrebu
Podaci o skupu
nternational Conference An Enterprise Odysseey : Tourism - Governance and Entrepreneurship (4 ; 2008)
predavanje
11.06.2008-14.06.2008
Zagreb, Hrvatska