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What Macreconomic Index Differentiates or Similar the European Tourism Competitiviness? A Multimethod Analysis

Author

Listed:
  • Manuela Rozalia GABOR

    () (Petru Maior University of Tîrgu Mure?, Romania)

  • Flavia Dana OLTEAN

    () (Petru Maior University of Tîrgu Mure?, Romania)

Abstract

In the current economic context countries are exposed to long-term structural shifts that challenge tourism development strategies and range from destination marketing to product offerings and infrastructure planning. Tourism nations need to ensure their long-term competitiveness with a consistent sustainability perspective. In the present paper, we aimed at carrying out a research on the European countries tourism competitiveness using statistical data analysistools,respectively non-parametric correlations and non-parametric statistic tests. Our analysis is based on the 14 pillars described in the Travel & Tourism Competitiveness Report 2015 - World Economic Forum taking into consideration only the European countries. Using the non-parametric statistical methods has emphasized aspects that are not noticeable directly from ranking carried-out by the World Economic Forum based on The Travel & Tourism Competitiveness Index. Completing the previous results, this research points out that, of the 14 pillars of T&TCI the strongest direct correlation is between air transport and ICT infrastructure, i.e. those pillars that led to the fact that, the Top 10 countries are clearly differentiated by the other groups. We have also emphasized that human resources is another important pillar that differentiates the ranks of the 42 countries, being medium correlated with price competitiveness and cultural resources. The results of this research will be the base of applying some other statistical methods, for instance, analysis of discriminating order to study thoroughly and better the differences or similarities between the 42 European countries.

Suggested Citation

  • Manuela Rozalia GABOR & Flavia Dana OLTEAN, 2017. "What Macreconomic Index Differentiates or Similar the European Tourism Competitiviness? A Multimethod Analysis," North Economic Review, Technical University of Cluj Napoca, Department of Economics and Physics, vol. 1(1), pages 201-207, October.
  • Handle: RePEc:clj:noecrw:v:1:y:2017:i:1:p:201-207
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    More about this item

    Keywords

    tourism competitiveness index; European country; non-parametric statistics test; non-parametric correlations;

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • E03 - Macroeconomics and Monetary Economics - - General - - - Behavioral Macroeconomics
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • Z32 - Other Special Topics - - Tourism Economics - - - Tourism and Development

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