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Tourism and Economic Development in Romania: Input-Output Analysis Perspective

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Author Info

  • GHEORGHE ZAMAN

    ()
    (Institute of National Economy, Romanian Academy)

  • VALENTINA VASILE

    ()
    (Institute of National Economy, Romanian Academy)

  • MARIUS SURUGIU

    ()
    (Institute of National Economy, Romanian Academy)

  • CAMELIA SURUGIU

    ()
    (National Institute of Research and Development in Tourism)

Abstract

Tourism provides a lot of opportunities for sustainable economic development. At local level, by its triggering effect it could represent a factor of economic recovery, by putting to good use the local material and human potential. By its position of predominantly final-branch, tourism exercises to a large impact on national economy by the vector of final demand, for which the possible and/or desirable variant for the future is an economic-social demand that must be satisfied by variants of total output. Using the input-output model (IO model) a comparison was made of the matrix of direct technical coefficients (aij) and the one of the total requirement coefficients (bij) with the assistance of which the direct and propagated effects were determined for this activity by the indicators defining the dimensions of national economy.

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Bibliographic Info

Article provided by Institute of National Economy in its journal Romanian Journal of Economics.

Volume (Year): 31 (2010(XX))
Issue (Month): 2(40) (December)
Pages: 5-37

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Handle: RePEc:ine:journl:v:2:y:2010:i:40:p:5-37

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Related research

Keywords: tourism; economic impact; multipliers; input-output; Romania;

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References

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  1. Jose Rueda-Cantuche & Thijs Ten Raa, 2009. "The Choice Of Model In The Construction Of Industry Coefficients Matrices," Economic Systems Research, Taylor & Francis Journals, vol. 21(4), pages 363-376.
  2. Gheorghe Zaman & Marius Surugiu & Camelia Surugiu, 2010. "Time-Stability Of The Coefficients: An Input-Output Analysis On Romania Case," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 57, pages 483-503, november.
  3. Gheorghe Zaman & Marius Surugiu & Camelia Surugiu, 2010. "Propagation effects of taxes in Romania: An input-output analysis," Romanian Journal of Economics, Institute of National Economy, vol. 30(1(39)), pages 76-94, June.
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Cited by:
  1. Florin-Marius PAVELESCU, 2012. "Fluctuation Of Economic Activity, Sectoral Distribution Of Gross Value Added And The Size Of Backward Multipliers In Romania During The Period 1989-2009," Romanian Journal of Economics, Institute of National Economy, vol. 35(2(44)), pages 88-112, December.

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