The Impact of Tourism Industry in the Economy. The Case of the Black Sea Region Countries
The Black Sea region is an area of high importance, both geopolitically and economically. In terms of socio-human and tourism resources, the region is characterized by a high degree of heterogenity; this generates a special interest for tourists around the world. If on the social and environmental dimensions of development tourism activity effects are both positive and negative, the tourism and travel industry bring indisputable benefits to the economy. Based on this premise, this paper proposes to evaluate the impact of tourism in the economy of the Black Sea region. The importance of tourism in the economy is given by the share of tourism in GDP and employment, and also by the multiplier effect of tourism and industry efficiency. Calculating the Tourism Multiplier Coefficient for the 12 countries in the region, and making the ratio of the share of industry in GDP and the share of industry in employment has been determined in comparison, the degree that the tourism industry is a key sector in the economy.
Volume (Year): 6 (2014)
Issue (Month): 2 (June)
|Contact details of provider:|| Postal: Splaiul Unirii nr. 176, sector 4, Bucuresti|
Web page: http://fbc.ucdc.ro/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bichaka Fayissa & Christian Nsiah & Badassa Tadasse, 2007. "The Impact of Tourism on Economic Growth and Development in Africa," Working Papers 200716, Middle Tennessee State University, Department of Economics and Finance.
When requesting a correction, please mention this item's handle: RePEc:khe:journl:v:6:y:2014:i:2:p:74-79. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Adi Sava)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.