The role of tourism in international trade in services

Yuri Anatolievich Savinov, Anna Vasilyevna Skurova and Alexey Alexeyevich Utkin
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Yuri Anatolievich Savinov: Russian Foreign Trade Academy, Moscow, Russia
Anna Vasilyevna Skurova: Moscow State Institute of International Relations (University) MFA, Moscow, Russia
Alexey Alexeyevich Utkin: Russian Foreign Trade Academy, Moscow, Russia

Russian Foreign Economic Journal, 2016, issue 1, 42-56

Abstract: The authors reveal the role of inbound and outbound tourism in the development of international trade in services; show the structure of trade in services in the world economy and growth rates of exports of certain types of services. Special attention is paid to the analysis of the factors of development of international tourism, highlighting the growing importance of innovative tourism. The authors evaluate the effect of the increase in per capita income for the development of outbound tourism with calculations of certain impact for particular countries. Besides, the differences in the expenses of tourist arrivals in recreational areas in individual countries are highlighted.

Keywords: International tourism; tourist arrivals growth factors in some countries; international trade in services; the gross domestic product per capita; the country of arrival. (search for similar items in EconPapers)
Date: 2016
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