University of Ljubljana, Faculty of Economics

About: University of Ljubljana, Faculty of Economics is a based out in . It is known for research contribution in the topics: Productivity & Tourism. The organization has 251 authors who have published 533 publications receiving 16109 citations.

Real Exchange Rates in Transition Economies

Abstract: Paper attempts to develop a model suitable for an analysis of the real exchange rate determination in transition economies. The main distinction from other approaches to the real exchange rate determination is an introduction of the pre-transition period which enables one to separately examine the role of adverse initial conditions and labor market reallocation between the tradable and non-tradable good sectors believed to characterize the extent of structural reforms in transition economies. Empirical findings seem to confirm that transition - when looking only at the real exchange rate behavior - is over once the progress in structural reforms does not affect the real exchange rate determination relative to other factors. Along the lines of research on growth prospects in transition economies, the effect of structural changes on the real exchange rate in more advanced transition economies has on average diminished in the fifth year of the transition process. The results for less advanced economies are in line with other studies on transition.

Elicitation of tourist accommodation demand for counter-seasonal responses: Evidence from the Slovenian Coast

Abstract: This paper aims to survey the seasonality of Slovenian Coast from two different perspectives: (i) major source markets (domestic, main foreign markets); and (ii) accommodation categories (hotels, campsites, other). It applies a decomposition of the Gini index method. The results reveal the total Slovene coastal tourism concentration is relatively high compared to other Mediterranean coastal destinations. However, domestic tourists and tourists from neighbouring markets of Italy and Austria reveal a less seasonal pattern both overall and across all accommodation categories. Thus, increased efforts to attract more domestic, Italian and Austrian tourists would reduce the seasonality. Further, German and Russian visitors demonstrated higher seasonality. Market-specific products to attract tourists out of the peak season therefore need to be developed, based on an in-depth analysis of their seasonal behaviour and travel motivation.