Tourism Multiplicator Effect for the National Economy of the Country

Platon Nicolae ()
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Platon Nicolae: The Academy of Economic Studies of Moldova

Ovidius University Annals, Economic Sciences Series, 2017, vol. XVII, issue 2, 306-312

Abstract: As tourism development is on the rise and the complex functions of the tourism industry are better known, the tourism market is becoming increasingly important for national economies of the countries, while its sphere is continually expanding in relation to world economies. Under these circumstances, tourism is characterized by a wide range of activities and tasks such as: contributing to increasing economic and social efficiency, contributing to the formation of the Gross Domestic Product, ensuring the equilibrium of balance of payments, creating jobs, attracting foreign currency by exporting services, creating the optimum conditions for rest and recreation of domestic and foreign tourists. This article addresses a rather complex theme, chosen from the desire to analyze and interpret the current dimensions of the tourism industry of the Republic of Moldova as a branch of interference, motivating the necessity of its estimation, as a multiplier for the national economy of the country.

Keywords: sustainable tourism; tourism industry; tourism services; tourism multiplier; economic effect; tourism satellite account (search for similar items in EconPapers)
JEL-codes: M1 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xvii:y:2017:i:2:p:306-312

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