THE IMPACT OF TOURISM ON ECONOMIC DEVELOPMENT – A CROSS-COUNTRY PERSPECTIVE

Oana Ruxandra Bode (), Emanuel Emil Savan () and Oana Adriana Gica ()
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Oana Ruxandra Bode: Department of Hospitality Services, Faculty of Business, Babes-Bolyai University, Cluj-Napoca, Romania
Emanuel Emil Savan: Department of Hospitality Services, Faculty of Business, Babes-Bolyai University, Cluj-Napoca, Romania
Oana Adriana Gica: Department of Hospitality Services, Faculty of Business, Babes-Bolyai University, Cluj-Napoca, Romania

JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, 2020

Abstract: Tourism is one of the main economic activities in many countries. The core idea of this paper is to conduct a comparative analysis of the economic impact of tourism in Romania, Spain and Turkey during 2000 - 2018. Thus, the aim of the present paper is threefold. The first is to analyze the direct, indirect and induced contributions of Travel & Tourism to GDP in these countries. The second is to determine the impact of Internal T&T Consumption on GDP growth. The third is to measure tourism multiplier and tourism efficiency.

Keywords: tourism; economic development; Romania; Spain; Turkey (search for similar items in EconPapers)
JEL-codes: O57 Z32 (search for similar items in EconPapers)
Date: 2019
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https://tbs.ubbcluj.ro/RePEc/bbn/journl/Negotia_1_2020.pdf Revised version, 2020 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:bbn:journl:2020_1_2_bode

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