Abstract
The aim of this paper is to estimate total effects of the ICT sector to the growth and development of the Croatian economy. Direct, indirect and induced effects for the period 2010-2015 are expressed in terms of output, gross value added and employment. Output, gross value added and employment of ICT sector is estimated by using hypothetical extraction method. Empirical results of conducted analyzes show that the share of Croatian ICT sectors’ total effects in terms of output, gross value added and employment during the recession period 2010-2013 was decreasing. In the period of economic recovery 2014-2015, related to the accession process of Republic of Croatia to the European Union, total effects of ICT sector in terms of output, gross value added and employment increased. In 2015 the share of the total effects of the ICT sector in terms of output, gross value added and employment in total Croatian economy amounted to 7.37%, 7.74% and 5.58% respectively.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.