The Analysis of Association between the Variables in Croatian Business Survey for Services Sector (CROSBI ID 624941)
Prilog sa skupa u časopisu | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Kurnoga, Nataša ; Erjavec, Nataša ; Bahovec, Vlasta
engleski
The Analysis of Association between the Variables in Croatian Business Survey for Services Sector
The aim of this paper was to analyse the association between the variables in Croatia's Business Survey for the Services Sector. The survey was conducted for the 3rd quarter of 2014. Since the Business Survey is a qualitative survey, nonparametric measures of association were used. The empirical analysis was divided into two parts. The first part of the research includes the analysis of association between the variable liquidity as an important variable in the Croatian economy in recession conditions and the selected variables such as business position, demand and firm’s total employment over the past 3 months, and expected business position, demand and firm’s total employment in the next 3 or 6 months. In the second part, the relationships between past and expected business position, demand and firm’s total employment were explored. The results show that there are no statistically significant associations between variable liquidity and variables current and expected demand, firm’s total employment and business position. On the other hand there are statistically significant relationships between current and expected business position, as well as between demand and total employment, past and expected. Association between managers’ estimates and expectations suggests that the same dynamic of variables is expected in the next 3 to 6 months. Since their assessment of current business position, employment and turnover are unfavorable, it can be concluded that Croatian economy is going to retain in recession in the next several months.
Business Survey; liquidity; measures of association
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Podaci o prilogu
263-268.
2015.
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objavljeno
Podaci o matičnoj publikaciji
The business & management review
P. R. Datta
New York (NY): The Academy of Business & Retail Management
2047-2854
Podaci o skupu
International Conference on Business and Economic Development (ICBED)
predavanje
30.03.2015-31.03.2015
Sjedinjene Američke Države