IDEAS home Printed from
   My bibliography  Save this article

Influence Of Fdi On Tourism In Croatia


  • Ivanovic, Zoran

    (Faculty of Tourism and Hospitality Management Opatija, University of Rijeka, Croatia)

  • Baresa, Suzana

    (Faculty of Tourism and Hospitality Management Opatija, University of Rijeka, Croatia)

  • Bogdan, Sinisa

    (Faculty of Tourism and Hospitality Management Opatija, University of Rijeka, Croatia)


Tourism is one of the most rapidly growing industries in the world. Many developing countries consider it as possibility for raising export earnings. Most important role in the internationalization of production has foreign direct investment. This paper investigates the contribution of FDI (Foreign direct investment) on economic growth, how does it reflect on tourism in Croatia. FDI are important for development of technology, unfortunately most foreign investment went to infrastructure, in terms of high unemployment and stagnating exports priority should be investment in the industrial structure since they have the greatest multiplier effect overall economic growth. Croatian export structure is obsolete. The share of technologically advanced products is small.

Suggested Citation

  • Ivanovic, Zoran & Baresa, Suzana & Bogdan, Sinisa, 2011. "Influence Of Fdi On Tourism In Croatia," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 2(1), pages 21-28.
  • Handle: RePEc:ris:utmsje:0023

    Download full text from publisher

    File URL:
    File Function: Full text
    Download Restriction: no

    References listed on IDEAS

    1. Azman-Saini, W.N.W. & Baharumshah, Ahmad Zubaidi & Law, Siong Hook, 2010. "Foreign direct investment, economic freedom and economic growth: International evidence," Economic Modelling, Elsevier, vol. 27(5), pages 1079-1089, September.
    2. Gao, Ting, 2005. "Foreign direct investment and growth under economic integration," Journal of International Economics, Elsevier, vol. 67(1), pages 157-174, September.
    3. Leonard K. Cheng & Zihui Ma, 2010. "China's Outward Foreign Direct Investment," NBER Chapters,in: China's Growing Role in World Trade, pages 545-578 National Bureau of Economic Research, Inc.
    4. Borensztein, E. & De Gregorio, J. & Lee, J-W., 1998. "How does foreign direct investment affect economic growth?1," Journal of International Economics, Elsevier, vol. 45(1), pages 115-135, June.
    5. Titus O. Awokuse & Keith E. Maskus & Yiting An, 2012. "Knowledge Capital, International Trade, And Foreign Direct Investment: A Sectoral Analysis," Economic Inquiry, Western Economic Association International, vol. 50(3), pages 707-723, July.
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Zhang, Wei-Bin, 2015. "Tourism, Trade, Externalities, And Public Goods In A Three-Sector Growth Model," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 6(1), pages 1-19.

    More about this item


    FDI; GDP; tourism in Croatia; foreign investors;

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:utmsje:0023. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Prof. Zoran Ivanovic, PhD). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.