THE IMPACT OF ECONOMIC POLICY MEASURES ON ECONOMIC POSITION AND COMPETITIVENESS OF HOTEL COMPANIES

Abstract

Poduzete mjere ekonomske politike u analiziranom trinaestgodišnjem razdoblju 2001.-2013., nisu bile dovoljno učinkovite glede unapređenja ekonomskoga položaja hrvatskoga hotelijerstva. Mjere ekonomske politike bile su odraz nedorečene politike razvoja turizma pa samim time i hotelijerstva. Usporedba ekonomskoga položaja hrvatskoga hotelijerstva s hotelijerstvom izabranih zemalja (Španjolska, Francuska, Italija, Mađarska, Grčka i Turska) ukazuje na lošiji ekonomski položaj hrvatskoga, što je dobrim djelom i odraz (ne)poduzetih mjera ekonomske politike. Rad je dokazao da odabrane sastavnice ekonomske politike (PDV, tečaj i kamatna stopa) bitno predodređuju ekonomski položaj hrvatskog hotelijerstva na način da ograničavaju uspješnost poslovanja te ga čine manje konkurentnim u odnosu na neposredno okruženje. Model međuovisnosti ključnih sastavnica ekonomske politike i ekonomskoga položaja hotelijerstva pokazuje da promjene odabranih sastavnica mogu rezultirati pozitivnim bruto rezultatom hotelijerstva. U aplikativnom smislu model može poslužiti kao dobra polazna točka u defi niranju novih mjera ekonomske politike kako za hrvatsko hotelijerstvo tako i za one djelatnosti koje su s njim povezane po izvoznom potencijalu (poljoprivreda, brodogradnja, prerađivačka industrija). Unatoč pozitivnim učincima primjene proaktivnih mjera važno je prepoznati i stanovita ograničenja koja se vežu uz stanje proračuna, zaduženosti i rizik zemlje.Undertaken measures of economic policy, in the analysed thirteen year period from 2001 to 2013, were not effective in terms of improving the economic position of Croatian hotel industry. Economic policy measures were a refl ection of incomplete tourism development policy and thus the hotel industry itself. Economic position comparison of Croatian hotel industry and that of selected countries (Spain, France, Italy, Hungary, Greece and Turkey) indicates a worse economic position of Croatian hotel industry which is in great part a refl ection of (not)taken economic policy measures. This paper has proved that the selected components of economic policy (VAT, exchange rate and interest rate) essentially predetermine the economic position of the Croatian hotel industry in the way that they limit the business performance and make it less competitive in relation to its immediate competition. Interdependence model of key components of economic policy and economic position of hotel industry show that changes of selected components can result in a positive gross result. In terms of applicability, model can serve as a good starting point in defi ning the new economic policy measures for Croatian hospitality but also for related, export potential, activities (agriculture, shipbuilding industry, manufacturing, agriculture). Despite the expected positive effects of proactive measures it is important to recognize certain limitations associated with the state budget, debt and country risk

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