STATISTICAL ANALYSIS OF THE TOURIST ACTIVITY THAT IS IN FREE FALL

Constantin Anghelache, Madalina-Gabriela Anghel, Stefan Virgil Iacob and Dana Luiza Grigorescu
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Constantin Anghelache: BUCHAREST UNIVERSITY OF ECONOMIC STUDIES / ARTIFEX UNIVERSITY OF BUCHAREST
Madalina-Gabriela Anghel: ARTIFEX UNIVERSITY OF BUCHAREST
Stefan Virgil Iacob: ARTIFEX UNIVERSITY OF BUCHAREST
Dana Luiza Grigorescu: BUCHAREST UNIVERSITY OF ECONOMIC STUDIES

Annals - Economy Series, 2020, vol. 5, 20-29

Abstract: The authors, based on the study, wanted to highlight the evolution of tourism in our country. The data used in the calculation are for the first semester of 2020, as well as from June 2020. The data are interpreted in the dynamic evolution from one month to another, but also, by comparative study, with the same period from 2019 or June of the previous year. Due to the economic and financial crisis, based on the study, based ondata published by the National Institute of Statistics and Eurostat regarding Romania, there is clearly an enormous loss in tourism in our country, in the HoReCa system, as well as in other fields. activity, as a result of the effects of the health crisis(COVID 19), which has recently been correlated with the effects of the economic and financial crisis. Based on the study, using statistical indicators specific to the tourism activity, it was revealed that in all these statistical quantities there are particularly large decreases. If until now tourism contributes, however with a not very large size, to the formation of the Gross Domestic Product, it is obvious that in 2020, the share that tourism will have in the formation of the result indicator Gross Domestic Product will be even lower. From the study carried out, certain conclusions can be drawn on how to act in order to successfully recover the tourism activity as a whole.

Keywords: developments; crises; tourism; statistical indicators; economy; investments (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2020:v:5:p:20-29

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