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The role of tourism in international trade in services

Author

Listed:
  • Yuri Anatolievich Savinov

    (Russian Foreign Trade Academy, Moscow, Russia)

  • Anna Vasilyevna Skurova

    (Moscow State Institute of International Relations (University) MFA, Moscow, Russia)

  • Alexey Alexeyevich Utkin

    (Russian Foreign Trade Academy, Moscow, Russia)

Abstract

The authors reveal the role of inbound and outbound tourism in the development of international trade in services; show the structure of trade in services in the world economy and growth rates of exports of certain types of services. Special attention is paid to the analysis of the factors of development of international tourism, highlighting the growing importance of innovative tourism. The authors evaluate the effect of the increase in per capita income for the development of outbound tourism with calculations of certain impact for particular countries. Besides, the differences in the expenses of tourist arrivals in recreational areas in individual countries are highlighted.

Suggested Citation

  • Yuri Anatolievich Savinov & Anna Vasilyevna Skurova & Alexey Alexeyevich Utkin, 2016. "The role of tourism in international trade in services," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 1, pages 42-56, January.
    • Handle: RePEc:alq:rufejo:rfej_2016_01_42-56
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