THE IMPACT OF TOURISM ON THE ECONOMY OF THE EUROPEAN UNION

Daniel Bulin ()

Euroinfo, 2018, vol. 2, issue 7-8, 72-81

Abstract: After eight years of uninterrupted growth in terms of international tourists arrivals, international tourism was established as a sector of world economy in continuous development. The European Union brings together some of the most important tourist destinations at international level, being itself a strong emitter market.The purpose of this article is to briefly highlight and analyze the economic impact of tourism on the EU and its Member States, starting from well-established indicators. The results of this analysis confirm the EU leading position on the international market and the role of the tourism sector for the Community economy.

Keywords: Tourism; European Union; expenditures; receipts; tourism balance; GDP (search for similar items in EconPapers)
JEL-codes: F60 L83 Z32 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:iem:eurinf:v:2:y:2018:i:7-8:p:72-81

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