Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/257201 
Year of Publication: 
2021
Citation: 
[Journal:] Economies [ISSN:] 2227-7099 [Volume:] 9 [Issue:] 2 [Article No.:] 43 [Publisher:] MDPI [Place:] Basel [Year:] 2021 [Pages:] 1-11
Publisher: 
MDPI, Basel
Abstract: 
The transportation sector is the lifeblood of an economy. It is divided into three principal categories, i.e., modes of transportation: air, land, and water. This paper analyzes the post-financial crisis value added data for the Croatian economy (2008-2015) by analyzing the dependence of three categories of the transportation sector on the cumulative of all other sectors, and on the manufacturing sector in particular. The value added of the three categories of the transportation sector is progressively dependent on the value added of the cumulative industry. This may be due to the progressive dependence of the gross national product on transport because of specialization and division of labor resulting in economies of density due to network and agglomeration effects.
Subjects: 
Croatia
industry
panel analysis
transportation sector
JEL: 
C67
R40
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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