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The Impact Of Tourism On The Economy Of The European Union

Author

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  • Daniel Bulin

Abstract

After eight years of uninterrupted growth in terms of international tourists arrivals, international tourism was established as a sector of world economy in continuous development. The European Union brings together some of the most important tourist destinations at international level, being itself a strong emitter market.The purpose of this article is to briefly highlight and analyze the economic impact of tourism on the EU and its Member States, starting from well-established indicators. The results of this analysis confirm the EU leading position on the international market and the role of the tourism sector for the Community economy.

Suggested Citation

  • Daniel Bulin, 2018. "The Impact Of Tourism On The Economy Of The European Union," Euroinfo, Institute for World Economy, Romanian Academy, vol. 2(7-8), pages 72-81, July-Augu.
    • Handle: RePEc:iem:eurinf:v:2:y:2018:i:7-8:p:72-81
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    File URL: http://iem.ro/rem/index.php/euroinfo/article/view/661/741
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    More about this item

    Keywords

    Tourism; European Union; expenditures; receipts; tourism balance; GDP;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • Z32 - Other Special Topics - - Tourism Economics - - - Tourism and Development
    • F60 - International Economics - - Economic Impacts of Globalization - - - General

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