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The Economic Effects Of Tourism: The Case Of Romanian Economy

Author

Listed:
  • VALENTIN TOADER

    (Faculty of Business, Babes-Bolyai University, Cluj-Napoca, Romania)

Abstract

The purpose of this paper is to evaluate the economic impact of tourism in the case of Romania. To fulfill its goal, the author will focus on three macroeconomic indices (GDP, employment and exports) and using statistical data will analyze the relationship between tourism and these three macroeconomic variables. The results demonstrate that, in the case of Romania, the tourism has a low economic influence. In the end, using the models developed during the analysis, it will be forecasted the value of GDP for 2010.

Suggested Citation

  • Valentin Toader, 2011. "The Economic Effects Of Tourism: The Case Of Romanian Economy," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
  • Handle: RePEc:bbn:journl:2011_1_4_toader
    as

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    File URL: http://tbs.ubbcluj.ro/RePEc/bbn/journl/Negotia_1_2011.pdf
    File Function: Revised version, 2010
    Download Restriction: no
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    More about this item

    Keywords

    tourism; GDP; GAV; employment; exports.;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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