Tourism Contribution to the Economic Growth of Romania; a Regional Comparative Analysis

Carmen Moraru
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Carmen Moraru: Ministry of Regional Development and Tourism

Romanian Statistical Review Supplement, 2012, vol. 60, issue 2, 161-168

Abstract: This paper aims to define the realistic position of Romanian tourism in the regional context, compared with its main competitors (Austria, Hungary, Bulgaria).In order to decide on the development directions of the Romanian tourism or even on the development opportunity of this sector through its contribution to the economic growth, we will be considering a series of indicators, such as: the contribution of tourism incomes to the Gross Domestic Product (GDP), the capacity of tourism industry to create jobs, the dynamics of tourist product export and of the domestic demand, the attractiveness for the investment environment, the performances of leisure tourism and of business tourism (the main forms of tourism). To have a relevant image of the performances of the Romanian tourism, we are going to compare each variable with the results obtained by the main competitors: Austria, Bulgaria and Hungary, for which the presented information is based on the reports submitted by these countries to the World Tourism Organization, to the World Tourism Council and/or to the national statistics of said countries. (see Apendix 1)

Keywords: role of tourism in the economy/ GDP; benefits of tourism; tourism investment; competitiveness; ranking contribution (search for similar items in EconPapers)
Date: 2012
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