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Dynamic Activity Of Foreign Tourists Nationwide

Author

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  • Cristina BURGHELEA

    (Hyperion University)

Abstract

Study of the dynamics of tourism activity aims to identify prospects for growth in the number of overnight stays by foreign tourists in Romania by applying a methodology based on the rigors of the econometric models requirements that ensure the formulation of relevant conclusions on the extent of foreign tourists flow trends. On this basis there can be established a basis of economic sustainability that can lead to a sustained development of the national economy as required by the international community. The study is structured towards an analytical treatment of dynamics, trend and seasonality of the number of overnight stays with a clear objective that is the knowledge and assessment of the predicted levels for future time \r\n \r\n segments. The analysis identifies the relative sizes in which the tourism phenomenon is explained by the general trend, seasonable and residual variables respectively. The study shows the importance and the dominant role of seasonal behavior in the dynamics of overnight stays of foreign tourists in 2007-2013

Suggested Citation

  • Cristina BURGHELEA, 2015. "Dynamic Activity Of Foreign Tourists Nationwide," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 38(1), pages 69-84, June.
    • Handle: RePEc:ath:journl:v:37:y:2015:i:1:p:69-84
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    More about this item

    Keywords

    analysis of variance; regression equations; dummy variables; foreign tourist dynamics;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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