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Tourism Economic Impact: A Correlation Between The Economic Growth And The Number Of Accommodation Nights

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  • TIBERIU-CRISTIAN AVRAMESCU

    (UNIVERSITY OF PITESTI)

Abstract

Sustainable economic development is a constant concern of governments all over the world. Therefore, it is very important to identify the factors and ways to increase the macroeconomic performance indicators. Tourism is one of the sectors of the national economy that can stimulate the growth of the Gross Domestic Product, especially since this sector involves the combined effort of several branches and generates significant positive economic effects as an efficient source of economic prosperity. In order to study the impact of tourism on the economic development of Romania, we performed a regression analysis, considering the number of accommodation nights as an independent variable and the Gross Domestic Product growth rate as a dependent variable.

Suggested Citation

  • Tiberiu-Cristian Avramescu, 2022. "Tourism Economic Impact: A Correlation Between The Economic Growth And The Number Of Accommodation Nights," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 48-53, April.
    • Handle: RePEc:cbu:jrnlec:y:2022:v:2:p:48-53
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    1. Brau, Rinaldo & Lanza, Alessandro & Pigliaru, Francesco, 2007. "How Fast are Small Tourism Countries Growing? Evidence from the Data for 1980–2003," MPRA Paper 82776, University Library of Munich, Germany.
    2. Rinaldo Brau & A. Lanza & F. Pigliaru, 2006. "How fast are small tourist countries growing? The 1980-2003 evidence," Working Paper CRENoS 200614, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    3. E. M. Ekanayake & Aubrey E. Long, 2012. "Tourism Development And Economic Growth In Developing Countries," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 6(1), pages 51-63.
    4. Rinaldo Brau & Alessandro Lanza & Francesco Pigliaru, 2007. "How Fast are Small Tourism Countries Growing? Evidence from the Data for 1980–2003," Tourism Economics, , vol. 13(4), pages 603-613, December.
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