GUGLIELMO MARIA CAPORALE, Brunel University STEFAN HODERLEIN, Boston UniversitySTEVENSON SMITH, University of Arkansas MOSHE HAGIGI, Boston UniversityENG WU, Boston University CLAY SINGLETON, Rollins UniversitySERGE MATULICH, Rollins University JULIAN WINZCE, Rollins UniversityDAVID CURRIE, Rollins University MARIO PINES, University of TriesteHAZBO SKOKO, Charles Sturt University, Alfaisal University MARIA BALDARELLI, University of BolognaEDMUNDAS KAZIMIERAS ZAVADSKAS, (VGTU ROMUALDAS GINEVIČIUS, (VGTU)

SOUMITRA SHARMA, Juraj Dobrila University of Pula LOVRE BOŽINA, Juraj Dobrila University of PulaIGOR ŠTOKOVIĆ, Juraj Dobrila University of Pula ALFIO BARBIERI, Juraj Dobrila University of PulaJUSUF ŠEHANOVIĆ, Juraj Dobrila University of Pula LJILJANA MAUROVIĆ, Juraj Dobrila University of Pula DENISA KRBEC, Juraj Dobrila University of Pula MARIJA BUŠELIĆ, Juraj Dobrila

PUBLISHING OF THE JOURNAL IS SUPPORTED BY THE MINISTRY OF SCIENCE, EDUCATION AND SPORTS OF THE REPUBLIC OF CROATIATYPESET AND PUBLISHER JURAJ DOBRILA UNIVERSITY OF PULA, DEPARTMENT FOR ECONOMICS AND TOURISM “DR. MIJO MIRKOVIĆ”Printed at Info Tisak d.o.o.The editors or the publisher assumes no responsibility for the views expressed by authors in this journalEnglish language translation and editor: Iva Štekar CergnaCroatian language editor: Marija BelulloThe journal is published four times a year (March, May, September, December) Annual subscription rate: 40 US$A catalogue record for the journal is available from the University library PulaEKONOMSKA ISTRAŽIVANJA – ECONOMIC

Journal indexing/abstracting:SOCIAL SCIENCE CITATION INDEX®, SOCIAL SCISEARCH®, JOURNAL CITATION REPORTS/SOCIAL SCIENCE EDITION (WEB OF SCIENCE) THOMSON REUTERS® (USA)CAB ABSTRACTS (WALLINGFORD, UK)EBSCO PUBLISHING DATABASEECONLIT (AMERICAN ECONOMIC ASSOCIATION, USA)SCOPUS, GEOBASE (ELSEVIER, AMSTERDAM, NETHERLANDS)CABELL’S DIRECTORY OF PUBLISHING OPPORTUNITEIES IN ECONOMICS & FINANCEABI/INFORM® PROQUESTINDEX COPERNICUS JOURNALS MASTER LIST

EDITORMARINKO ŠKARE , Juraj Dobrila University of Pula

CO-EDITORSNORMAN RASMUSS SWANSON, Rutgers University

VALTER BOLJUNČIĆ, Juraj Dobrila University of PulaMANAGING EDITORS

SANJA BLAŽEVIĆ, Juraj Dobrila University of PulaROBERT ZENZEROVIĆ, Juraj Dobrila University of PulaSASA STJEPANOVIĆ, Juraj Dobrila University of Pula

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