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Econometric Models in Romanian Tourism under the Impact of Sustainable Development

Author

Listed:
  • Delia Popescu

    (Bucharest University of Economic Studies)

  • Andreea Saseanu

    (Bucharest University of Economic Studies)

  • Daniel Bulin

    (Institute for World Economy)

  • Grazia Calabro

    (University of Messina,)

Abstract

After the year 1989 Romanian tourism has grown chaotic and failed to have any link to the concept and sustainable development principles. Sustainability, in general, and the tourism sustainability, especially, combine different aspects – economic, social, environmental etc. in a harmonious way. In the paper the authors have proposed to test multiple linear regression models, in order to, finally demonstrate the impact of sustainable development on tourism activity. Following analyses have established links between nature, size of the tourism, economic, social and ecological indicators, thus demonstrating the impact of sustainable development on tourism also. The authors propose two original econometric models of dependence between the index of net using the tourist accommodation capacity in operation and indicators expressing the quality of life and sustainable development.

Suggested Citation

  • Delia Popescu & Andreea Saseanu & Daniel Bulin & Grazia Calabro, 2014. "Econometric Models in Romanian Tourism under the Impact of Sustainable Development," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 16(Special 8), pages 1063-1063, August.
    • Handle: RePEc:aes:amfeco:v:37:y:2014:i:16:p:1063
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    References listed on IDEAS

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    1. repec:dau:papers:123456789/7463 is not listed on IDEAS
    2. World Bank, 2014. "World Development Indicators 2014," World Bank Publications - Books, The World Bank Group, number 18237, December.
    3. Ivanovic, Olja D. Munitlak & Golusin, Mirjana T. & Dodic, Sinisa N. & Dodic, Jelena M., 2009. "Perspectives of sustainable development in countries of Southeastern Europe," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(8), pages 2079-2087, October.
    4. Song, Haiyan & Witt, Stephen F. & Jensen, Thomas C., 2003. "Tourism forecasting: accuracy of alternative econometric models," International Journal of Forecasting, Elsevier, vol. 19(1), pages 123-141.
    5. Blake, Adam & Arbache, Jorge Saba & Sinclair, Thea & Teles, Vladimir Kuhl, 2010. "Tourism and poverty relief," Textos para discussão 237, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    6. Thrane, Christer & Farstad, Eivind, 2011. "Domestic tourism expenditures: The non-linear effects of length of stay and travel party size," Tourism Management, Elsevier, vol. 32(1), pages 46-52.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Razvan-Catalin Dobrea & Aurel Marin & Cristina Dima & Madalina-Ioana Moncea, 2023. "The Relationship Between the Tourism Industry and Sustainable Development Goals Word Cloud Analysis," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 25(S17), pages 1131-1131, November.
    2. Diana Ioncica & Maria Ioncica & Eva-Cristina Petrescu, 2016. "The Environment, Tourist Transport and the Sustainable Development of Tourism," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 18(S10), pages 898-898, November.
    3. Alina Badulescu & Daniel Badulescu & Ramona Simu?, 2018. "The Complex Relationship between International Tourism Demand and Economic Growth: An Analysis on Central and Eastern European Economies," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 20(S12), pages 935-935, November.

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    More about this item

    Keywords

    sustainable development; quality of life; tourism indicators; econometric;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models

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