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Zagreb International Review of Economics & Business, Vol. 13 No. 2, 2010.

Original scientific paper

EU Business and Consumer Survey Indicators and Croatian Economy

Mirjana Čižmešija ; Faculty of Economics and Business, University of Zagreb, Zagreb, Croatia
Nataša Erjavec ; Faculty of Economics and Business, University of Zagreb, Zagreb, Croatia
Vlasta Bahovec ; Faculty of Economics and Business, University of Zagreb, Zagreb, Croatia

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Abstract

The aim of this paper is to investigate the relationship between EU business and consumer survey composite indicators and Croatia’s economy which is approximated by Croatian industrial production. In order to find out if European confidence indicators have any impact on Croatia’s economy, various econometric models were defined using the monthly series from January 1998 to May 2009. Furthermore, the paper tries to provide an answer whether, and the extent to which, the recession in Europe (through its impact on EU indicators) affects the economy in Croatia.

Keywords

business and consumer Survey; composite indicators; Croatia; time series analysis

Hrčak ID:

78717

URI

https://hrcak.srce.hr/78717

Publication date:

1.11.2010.

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