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Hrvoje Jošić and Matej Metelko

Abstract

This paper presents empirical evidence on the validity of the Linder hypothesis in the case of Croatia. According to the Linder hypothesis, one of the new theories of international trade, countries with a similar level of income per capita should trade more. In order to investigate the trade pattern of Croatia's international trade, a panel regression model is formulated including 184 Croatia's import partner countries in the period from 2000 to 2016. The Linder effect was displayed and calculated using the Linder variable expressed as an absolute difference between GDP per capita of the importing and the exporting country. The cross-country panel regression model is estimated using Pooled OLS, Fixed and Random effects models. Results of the analysis have shown that the validity of the Linder hypothesis for Croatia cannot be accepted. Instead, the structure of Croatia's trade is in line with the gravity model of international trade.

Open access

Hrvoje Josic and Maja Bašić

Abstract

Zipf’s law is a striking regularity in the field of urban economics that states that the sizes of cities should follow the rank-size distribution. Rank-size distribution, or the rank-size rule, is a commonly observed statistical relationship between the population size and population rank of a nations’ cities. The goal of this paper is to test Zipf’s law as applied to data for settlements and cities in Croatia using the Census of Population Survey for the year 2011. The results of the analysis have shown that Zipf’s law for settlements in Croatia holds true for the majority of the settlement sizes. However, the rank-size distribution does not hold true for extremely small and extremely large settlement sizes. When city proper and urban agglomeration of 127 Croatian cities were examined, Zipf’s law was found to hold true only for urban agglomerations. The results of the study are discussed in terms of regional development.