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The Impact of Macroeconomic Policies on Manufacturing Production in Croatia

Marina Tkalec   ORCID icon orcid.org/0000-0001-7974-9345 ; The Institute of Economics, Zagreb
Maruška Vizek ; The Institute of Economics, Zagreb

Puni tekst: engleski, pdf (448 KB) str. 61-93 preuzimanja: 4.822* citiraj
APA 6th Edition
Tkalec, M. i Vizek, M. (2009). The Impact of Macroeconomic Policies on Manufacturing Production in Croatia. Privredna kretanja i ekonomska politika, 19 (121), 61-93. Preuzeto s https://hrcak.srce.hr/48269
MLA 8th Edition
Tkalec, Marina i Maruška Vizek. "The Impact of Macroeconomic Policies on Manufacturing Production in Croatia." Privredna kretanja i ekonomska politika, vol. 19, br. 121, 2009, str. 61-93. https://hrcak.srce.hr/48269. Citirano 18.10.2021.
Chicago 17th Edition
Tkalec, Marina i Maruška Vizek. "The Impact of Macroeconomic Policies on Manufacturing Production in Croatia." Privredna kretanja i ekonomska politika 19, br. 121 (2009): 61-93. https://hrcak.srce.hr/48269
Harvard
Tkalec, M., i Vizek, M. (2009). 'The Impact of Macroeconomic Policies on Manufacturing Production in Croatia', Privredna kretanja i ekonomska politika, 19(121), str. 61-93. Preuzeto s: https://hrcak.srce.hr/48269 (Datum pristupa: 18.10.2021.)
Vancouver
Tkalec M, Vizek M. The Impact of Macroeconomic Policies on Manufacturing Production in Croatia. Privredna kretanja i ekonomska politika [Internet]. 2009 [pristupljeno 18.10.2021.];19(121):61-93. Dostupno na: https://hrcak.srce.hr/48269
IEEE
M. Tkalec i M. Vizek, "The Impact of Macroeconomic Policies on Manufacturing Production in Croatia", Privredna kretanja i ekonomska politika, vol.19, br. 121, str. 61-93, 2009. [Online]. Dostupno na: https://hrcak.srce.hr/48269. [Citirano: 18.10.2021.]
Puni tekst: hrvatski, pdf (53 KB) str. 61-93 preuzimanja: 718* citiraj
APA 6th Edition
Tkalec, M. i Vizek, M. (2009). Utjecaj makroekonomskih politika na prerađivačku industriju u Hrvatskoj. Privredna kretanja i ekonomska politika, 19 (121), 61-93. Preuzeto s https://hrcak.srce.hr/48269
MLA 8th Edition
Tkalec, Marina i Maruška Vizek. "Utjecaj makroekonomskih politika na prerađivačku industriju u Hrvatskoj." Privredna kretanja i ekonomska politika, vol. 19, br. 121, 2009, str. 61-93. https://hrcak.srce.hr/48269. Citirano 18.10.2021.
Chicago 17th Edition
Tkalec, Marina i Maruška Vizek. "Utjecaj makroekonomskih politika na prerađivačku industriju u Hrvatskoj." Privredna kretanja i ekonomska politika 19, br. 121 (2009): 61-93. https://hrcak.srce.hr/48269
Harvard
Tkalec, M., i Vizek, M. (2009). 'Utjecaj makroekonomskih politika na prerađivačku industriju u Hrvatskoj', Privredna kretanja i ekonomska politika, 19(121), str. 61-93. Preuzeto s: https://hrcak.srce.hr/48269 (Datum pristupa: 18.10.2021.)
Vancouver
Tkalec M, Vizek M. Utjecaj makroekonomskih politika na prerađivačku industriju u Hrvatskoj. Privredna kretanja i ekonomska politika [Internet]. 2009 [pristupljeno 18.10.2021.];19(121):61-93. Dostupno na: https://hrcak.srce.hr/48269
IEEE
M. Tkalec i M. Vizek, "Utjecaj makroekonomskih politika na prerađivačku industriju u Hrvatskoj", Privredna kretanja i ekonomska politika, vol.19, br. 121, str. 61-93, 2009. [Online]. Dostupno na: https://hrcak.srce.hr/48269. [Citirano: 18.10.2021.]

Sažetak
In this paper, we analyse the impact of macroeconomic policies on manufacturing production in Croatia. We use multiple regressions in order to assess how personal consumption, investments, interest rates, the real effective exchange rate, government consumption, fiscal deficit and foreign demand affect the output of 22 manufacturing sectors. The analysis is conducted on quarterly data from 1998:1q to 2008:3q. The results suggest that changes in fiscal conditions, the real effective exchange rate and personal consumption mostly affect low technological intensity industries. Production in high technological intensity industries is, in general, elastic to changes in investments, foreign demand and fiscal policy. Fiscal policy seems particularly important for manufacturing output, both in terms of the magnitude of fiscal elasticities and shorter time lags. Production in low technological intensity industries on average increases with the exchange rate depreciation, while in high and medium-high technological intensity industries it contracts as a result of depreciation.

Ključne riječi
manufacturing; monetary policy; fiscal policy; regression analysis; Croatia

Hrčak ID: 48269

URI
https://hrcak.srce.hr/48269

[hrvatski]

Posjeta: 6.801 *