THE ECONOMICS OF TOURISM

Since tourism constitutes such an integral part of Croatia's economic growth and development, researchers from the Institute of Economics, Zagreb actively engage in research regarding the economic aspects of tourism. Emphasis is thereby placed on various ways in which tourism affects the overall economic activity, especially the price levels and economic growth in countries where tourism is the dominant business sector.

Additional focus is placed on the assessment of elasticity regarding foreign demand for Croatia as a destination and the assessment of durability of positive and negative shock effects, which affect the tourism industry. In their studies on tourist activity, researchers from the Institute of Economics, Zagreb also focus on tourism demand modeling, whereby tourism income modeling and tourist arrival forecasting is given special attention.

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WOS PAPERS (CC)

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  1. Did COVID-19 grants support tourism firms in securing survival and employment? Evidence from Croatia Stojčić, Nebojša and Maruška Vizek, 2024, Tourism Management, paper published online March 23, 2024. DOI:10.1016/j.tourman.2024.104934
  2. Economic policy uncertainty and international tourist arrivals: A disaggregated analysis of the Croatian Adriatic coast Payne, James E., Saban Nazlioglu and Andrea Mervar, 2023, Tourism economics, 29 (2023) 4, pp. 986-1004
  3. Effects of COVID-19 on adriatic and continental Croatia tourism: a regional input-output perspective Mikulić, Davor, Damira Keček and Nikolina Žajdela Hrustek, 2022, Economic Research-Ekonomska Istraživanja, paper published online November 12, 2022. DOI: 10.1080/1331677X.2022.2142811
  4. Economic policy uncertainty and international tourist arrivals: A disaggregated analysis of the Croatian Adriatic coast Payne, James E., Saban Nazlioglu i Andrea Mervar, 2022, Tourism Economics, rad objavljen na mrežnim stranicama 1. ožujka 2022.
  5. Regional tourism convergence: a disaggregated analysis of Croatia Payne, James E., Saban Nazlioglu and Andrea Mervar, 2022, Applied Economics, paper published online November 14, 2022.
  6. Impact of COVID-19 on Croatian island tourism: a study of residents’ perceptions Kordej-De Villa Željka and Sunčana Slijepčević, 2022, Economic Research-Ekonomska Istraživanja, paper published online November 12, 2022. DOI: 10.1080/1331677X.2022.2142631
  7. Tourist arrivals and overnight stays along the Croatian Adriatic Coast: Changes in persistence and seasonality from the COVID-19 disruption James E Payne, Luis A Gil-Alana, Andrea Mervar and Maria Goenechea, 2022, Tourism Economics, paper published online June 22, 2022. DOI: 10.1177/13548166221110
  8. High season, low growth: The impact of tourism seasonality and vulnerability to tourism on the emergence of high-growth firms Stojčić, Nebojša, Josip Mikulić and Maruška Vizek, 2021,Tourism Management, paper published online on November 19, 2021, DOI: https://doi.org/10.1016/j.tourman.2021.104455
  9. The Effect of Tourism Activity on Housing Affordability Mikulić, Josip, Maruška Vizek, Nebojša Stojčić, James E. Payne, Anita Čeh Časni and Tajana Barbić. 2021,  Annals of Tourism Research, paper published online June 30, 2021, DOI: https://doi.org/10.1016/j.annals.2021.103264
  10. Persistence in Croatian tourism: The impact of COVID-19 Payne, James E., Luis A. Gil-Alana and Andrea Mervar, 2021, Tourism Economics, paper published online March 12, 2021. DOI: 10.1177/1354816621999969
  11. More tourism, more crime: evidence from Croatia Recher, Vedran and Ivica Rubil, 2019, Social Indicators Research, paper published online July 16 2019, DOI: https://doi.org/10.1007/s11205-019-02160-6
  12. The effect of film industry on tourism: Game of Thrones and Dubrovnik Tkalec, Marina, Ivan Žilić and Vedran Recher, 2017, International Journal of Tourism Research, 19 (6), pp. 705–714. 
  13. Forecasting disaggregated tourist arrivals in Croatia: evidence from seasonal univariate time series models Apergis, Nicholas, Andrea Mervar and James E. Payne, 2017, Tourism Economics, 23 (1), pp. 78–98.
  14. The price tag of tourism: does tourism activity increase prices of goods and services? Tkalec, Marina and Maruška Vizek, 2016, Tourism Economics, 22 (1), pp. 93–109. 
  15. Modelling the degree of persistence in Croatian tourism Gil-Alana, Luis A., Andrea Mervar and James E. Payne, 2016, Tourism Economics, 22(3), str. 655-664. 
  16. Measuring persistence in Croatian tourism: evidence from the Adriatic region Gil-Alana, Luis A., Andrea Mervar and James E. Payne, 2015, Applied Economics, 47 (46), pp. 4901–4917.
  17. Tourism policies and cross-country growth: a disaggregated analysis Goel, Rajeev and Jelena Budak, 2010, Tourism Economics, 16 (3), pp. 535–548. 
  18. The tourism-growth nexus in Croatia Payne, James and Andrea Mervar, 2010, Tourism Economics, 16 (4), pp. 1089–1094. 

Other papers

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  1. Mapping of tourism potential : the preconditions for the development of tourism in continental Croatia Banožić, Mario, Gabrijela Žalac and Marijana Sumpor, 2015, Ekonomski vjesnik, 28(1), pp. 69-83.
  2. Analysis of foreign tourism demand for Croatian destinations: long-run elasticity estimates Mervar, Andrea and James E. Payne, 2007, Tourism Economics, 13 (3), pp. 407–420.
  3. An analysis of tourism sector determinants in Croatia Vizek, Maruška, 2006, Privredna kretanja i ekonomska politika, 18 (114), pp. 51–81.
  4. A note on modelling tourism revenues in Croatia Payne, James E. and Andrea Mervar, 2002, Tourism Economics, 8 (1), pp. 103–109. 

Projects

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  1. Too much of a good thing? The effects of tourism on the housing market in Croatia – TOURCRO, 2020–2024 Commissioned by: Croatian Science Foundation
    Project manager: Maruška Vizek
  2. The analysis of vulnerability of local goverment units in the Republic of Croatia to tourism activity, 2022 Commissioned by: Media Val d.o.o.
    Project manager: Maruška Vizek
  3. Exploring the Crime Seasonality in Croatia – CRIS, (Tvoj Grant@EIZ), 2018 Commissioned by: The Institute of Economics, Zagreb – Tvoj Grant @ EIZ
    Project manager: Vedran Recher
  4. Desk research of tourism for blind and visually impaired in Croatia (BVI Croatia), 2018 Commissioned by: The Institute of Economic Sciences, Beograd
    Project manager: Jelena Budak
  5. What causes tourists to flee conflict: proximity or perception?, 2017 (Tvoj grant@EIZ) Commissioned by: The Institute of Economics, Zagreb
    Project manager: Marina Tkalec
  6. Winter is coming! Or not? Policy evaluation in Croatian tourist cities (PECTOUR), 2016 Commissioned by: CERGE-EI Foundation – GDN RRC 2016 Regional Research Competition
    Project manager: Marina Tkalec
  7. An analysis of tourism sector determinants in the Republic of Croatia, 2016 Commissioned by: Friedrich Ebert Stiftung, Croatia
    Project manager: Maruška Vizek
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