The output gap, usually defined as the difference between the real GDP and that of the potential GDP, indicates the imbalance existing in a real economy. The output gap is based on the definition of unobserved potential output. This article presents estimations of the output gap in Croatian...

This paper examines conditional convergence of Croatia’s counties in gross domestic product (GDP) and health care and tourism investment (HCTE) per working-age population. It presents estimation of the augmented Solow growth model suggested by Mankiw, Romer and Weil (1992) to explain variation...