ECONOMETRIC ANALYSIS ON THE INFLUENCE OF DIF FERENT FACTORS OVER THE SHARE OF TURNOVER IN TOURISM

Anamaria G. Macovei () and Ionut Balan ()
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Anamaria G. Macovei: “Stefan cel Mare” University of Suceava, Romania
Ionut Balan: “Stefan cel Mare” University of Suceava, Romania

The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, 2009, vol. 9, issue 1(9), 297-306

Abstract: Romanian tourism in our country is the economic sector which has a val uable development potential, yet sufficiently unexploited. Tourism development would increase the GDP as well as the profit obtained from the tourism entrepreneurs. Economic phenomena are complex and are influenced by several factors, leading to the develo pment of more complex models. In this paper we present econometric modeling share turnover of Romanian tourism, for the period 1992 - 2006, depending on the share of the staff engaged in tourism, the number of tourist establishments, number of beds and number of tourists accommodated, and this analysis is done with a regression model of Cobb - Douglas function. Based on the data from the sample we build an econometric model, estimate and test model parameters, we calculate the correlation report and the de termination report, classical hypothesis testing model analyzed using SPSS.

Keywords: econometrics; non-linear multiple regression; autocorrelation; correlation report; determination report (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:scm:ausvfe:v:9:y:2009:i:1(9):p:297-306

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