The intercorrelation between tourism and the environmental evolution in the context of the economic cycle. Case study: Romania
Iulian Gabriel Păun ()
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Iulian Gabriel Păun: Bucharest University of Economic Studies, Bucharest, Romania
CACTUS - The Tourism Journal for Research, Education, Culture and Soul, 2014, vol. 9, issue 1
Abstract:
Because the effects of economic cycles and, in particular, the crisis of recent years, are becoming stronger and more extensive , affecting whole sectors of the world economy and national tourism through important role to contribute to mitigating these negative consequences . To help increase however , support and economic recovery, it is necessary to identify factors that have a strong influence on indicators of tourist traffic. This will then allow the ranking factors exerted by link indicators hierarchy that can be a foundation for the design of strategies and policies to maximize the positive effects of tourism on the national economy. At the same time, it can contribute to a better understanding of how the determinants of tourism act at different stages of the economic cycle. This paper examines the links between a number of macroeconomic indicators ( GDP, employment, real wages ) and a number of indicators of tourist traffic (number of overnights , arrivals, departures). Analysis period includes the years of the economic cycle (2005-2012) and highlights the links between economic growth , economic recession , and the correlations for the entire period.
Keywords: environmental; economic cycle; tourism; influence factors; Romania (search for similar items in EconPapers)
JEL-codes: A10 B53 E20 E32 L83 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:bum:cactus:cactus-2014-4
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