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Original scientific paper

A MULTIVARIATE ANALYSIS OF CROATIAN COUNTIES ENTREPRENEURSHIP

Elza Jurun ; Faculty of Economics, University of Split, Split, Croatia
Nada Ratković orcid id orcid.org/0000-0003-2624-5412 ; Faculty of Economics, University of Split, Split, Croatia


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Abstract

In the focus of this paper is a multivariate analysis of Croatian Counties entrepreneurship. Complete data base available by official statistic institutions at national and regional level is used. Modern
econometric methodology starting from a comparative analysis via multiple regression to multivariate cluster analysis is carried out as well as the analysis of successful or inefficacious entrepreneurship
measured by indicators of efficiency, profitability and productivity. Time horizons of the comparative analysis are in 2004 and 2010. Accelerators of socio-economic development - number of entrepreneur investors, investment in fixed assets and current assets ratio in multiple regression model are analytically filtered between twenty-six independent variables as variables of the dominant influence on GDP per capita in 2010 as dependent variable. Results of multivariate cluster analysis of twentyone Croatian Counties are interpreted also in the sense of three Croatian NUTS 2 regions according to European nomenclature of regional territorial division of Croatia.

Keywords

Croatian counties, entrepreneurship, comparative analysis, multiple regression model, multivariate cluster analysis

Hrčak ID:

96894

URI

https://hrcak.srce.hr/96894

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