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Tourism and Economic Development in Romania: Input-Output Analysis Perspective

Author

Listed:
  • GHEORGHE ZAMAN

    (Institute of National Economy, Romanian Academy)

  • VALENTINA VASILE

    (Institute of National Economy, Romanian Academy)

  • MARIUS SURUGIU

    (Institute of National Economy, Romanian Academy)

  • CAMELIA SURUGIU

    (National Institute of Research and Development in Tourism)

Abstract

Tourism provides a lot of opportunities for sustainable economic development. At local level, by its triggering effect it could represent a factor of economic recovery, by putting to good use the local material and human potential. By its position of predominantly final-branch, tourism exercises to a large impact on national economy by the vector of final demand, for which the possible and/or desirable variant for the future is an economic-social demand that must be satisfied by variants of total output. Using the input-output model (IO model) a comparison was made of the matrix of direct technical coefficients (aij) and the one of the total requirement coefficients (bij) with the assistance of which the direct and propagated effects were determined for this activity by the indicators defining the dimensions of national economy.

Suggested Citation

  • Gheorghe Zaman & Valentina Vasile & Marius Surugiu & Camelia Surugiu, 2010. "Tourism and Economic Development in Romania: Input-Output Analysis Perspective," Romanian Journal of Economics, Institute of National Economy, vol. 31(2(40)), pages 5-37, December.
    • Handle: RePEc:ine:journl:v:2:y:2010:i:40:p:5-37
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    References listed on IDEAS

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    1. Gheorghe Zaman & Marius Surugiu & Camelia Surugiu, 2010. "Time-Stability Of The Coefficients: An Input-Output Analysis On Romania Case," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 57, pages 483-503, november.
    2. Gheorghe Zaman & Marius Surugiu & Camelia Surugiu, 2010. "Propagation effects of taxes in Romania: An input-output analysis," Romanian Journal of Economics, Institute of National Economy, vol. 30(1(39)), pages 76-94, June.
    3. José M. Rueda-Cantuche & Thijs ten Raa, 2021. "The Choice of Model in the Construction of Industry Coefficients Matrices," World Scientific Book Chapters, in: Efficiency and Input-Output Analyses Theory and Applications, chapter 16, pages 271-287, World Scientific Publishing Co. Pte. Ltd..
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    Cited by:

    1. Blanka Bartók & Tamás Bartha, 2012. "Napenergia-hasznosítás szerepe a Hargita megye szétszórt településeinek villamos energia ellátásában," Eszak-magyarorszagi Strategiai Fuzetek, Faculty of Economics, University of Miskolc, vol. 9(2), pages 92-99.
    2. Anna Nagy, 2012. "Regionális fejlesztéspolitika Romániában, a 2007-2013-as programozási időszak tükrében," Eszak-magyarorszagi Strategiai Fuzetek, Faculty of Economics, University of Miskolc, vol. 9(2), pages 66-74.
    3. Katalin Nagy, 2012. "Kulturális útvonalak Svájcban-egy rendszer, ami működik," Eszak-magyarorszagi Strategiai Fuzetek, Faculty of Economics, University of Miskolc, vol. 9(2), pages 111-119.
    4. Lujza Tünde Cozma, 2012. "Északnyugat-Erdély helye és szerepe Románia turizmusában," Eszak-magyarorszagi Strategiai Fuzetek, Faculty of Economics, University of Miskolc, vol. 9(2), pages 53-65.
    5. Zoltán Nagy & Dóra Szendi, 2012. "Adalékok Miskolc és a Miskolci kistérség demográfiai változásainak vizsgálataihoz a rendszerváltástól napjainkig," Eszak-magyarorszagi Strategiai Fuzetek, Faculty of Economics, University of Miskolc, vol. 9(2), pages 100-106.
    6. Karagoz Kadir, 2014. "Determinants Of Tourist Inflows To Romania: Evidence From Augmented Panel Gravity Model," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 347-358, July.
    7. Nóra Csilla Vicsai, 2012. "Kolozsvár metropolisz térség idegenforgalma," Eszak-magyarorszagi Strategiai Fuzetek, Faculty of Economics, University of Miskolc, vol. 9(2), pages 35-52.
    8. Camelia Surugiu & Marius Razvan Surugiu, 2013. "Is the Tourism Sector Supportive of Economic Growth? Empirical Evidence on Romanian Tourism," Tourism Economics, , vol. 19(1), pages 115-132, February.
    9. Marius Cristea & Stefana A. D. Varvari & József Benedek, 2012. "Pros and cons of foreign direct investments on local economy," Eszak-magyarorszagi Strategiai Fuzetek, Faculty of Economics, University of Miskolc, vol. 9(2), pages 20-34.
    10. Oana Stănculescu & Stefana A. D. Varvari & Marius Cristea, 2012. "The competitiveness of companies in northern Transylvania-case study using the global utility theory," Eszak-magyarorszagi Strategiai Fuzetek, Faculty of Economics, University of Miskolc, vol. 9(2), pages 5-19.
    11. Florin-Marius PAVELESCU, 2012. "Fluctuation Of Economic Activity, Sectoral Distribution Of Gross Value Added And The Size Of Backward Multipliers In Romania During The Period 1989-2009," Romanian Journal of Economics, Institute of National Economy, vol. 35(2(44)), pages 88-112, December.
    12. Maria Palazzo & Iza Gigauri & Mirela Clementina Panait & Simona Andreea Apostu & Alfonso Siano, 2022. "Sustainable Tourism Issues in European Countries during the Global Pandemic Crisis," Sustainability, MDPI, vol. 14(7), pages 1-21, March.
    13. Draghescu Florin, 2015. "The Analysis Of Flat Glass Exports For Romania Using The Gravity Model," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 1224-1235, July.
    14. Hunor Bajtalan & Gabriella Blénessy & Attila Deák & Szabó Tamás, 2012. "A fenntartható Gyergyóért : a Gyergyói Kistérség fejlesztési alternatívái," Eszak-magyarorszagi Strategiai Fuzetek, Faculty of Economics, University of Miskolc, vol. 9(2), pages 75-91.

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    More about this item

    Keywords

    tourism; economic impact; multipliers; input-output; Romania;
    All these keywords.

    JEL classification:

    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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