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Tourism's positive and negative externalities are of an extreme social and economic importance for the tourism dominant countries. In particular, studying tourism's impact on housing prices has experienced increased interest over the past decade as it has a relevant influence on real estate...
Persistent link: https://www.econbiz.de/10014287692
Since the sharing economy is a rather new phenomenon, there is still no official definition of it in the legal framework of Croatia. The continuous development of sharing economy started a few years after the 1998 global and domestic economic crisis stroked Croatia. Namely, a total of eight...
Persistent link: https://www.econbiz.de/10015256922
Although researchers have confirmed the impact of tourism on housing prices in many destinations affected with overtourism, they do not consider housing affordability in relation to the population’s income levels. This study explores the relationship between tourism activity and housing...
Persistent link: https://www.econbiz.de/10015248127
The aim of this paper is to quantify the long run and short run relationship between debt and economic activity in Central, Eastern and Southeastern European countries. In order to investigate the impact of public debt on economic growth, the paper uses pooled mean group estimator (PMG) for the...
Persistent link: https://www.econbiz.de/10013029676
The aim of this study is to examine the impact of financial crises on the short-term interaction between stock market returns of the Macedonian, Serbian and Croatian equity markets. Daily data sample spans from January 4th 2006 to March 31st 2017and based on detected Zivot-Andrews structural...
Persistent link: https://www.econbiz.de/10011780296
The objective of this paper is to examine the reasons of firm-level one-day share price shocks and post -shock reaction. Positive and negative shocks are defined and detected by using the official news providers, which are required to disclose price-sensitive information. No information that...
Persistent link: https://www.econbiz.de/10011643732