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The Influence Of A Country'S Global Market Position On The Tourism Industry Macroeconomic Indicators

Author

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  • V. Yermachenko

    (of Simon Kuznets Kharkiv National University of Economics)

Abstract

The article provides the analysis of the countries' tourism development indicators in correspondence with the position of a national economy in the global market. The issues of international tourism impact on a national economy have been studied, in both the methodological aspects and practical implementation, the main challenges of the branch functioning today have been pointed out. The research goal is to find the most relevant methods and approaches to the descriptive analysis of macroeconomic data, concerning the scale of a national economy and the strategic position of the tourism industry in a state. The object of the research is the operation of national economies in the global tourism market, the subject is the elaboration of estimation techniques of a national tourism market structure with the countries having operative programmes of the branch development taken as an example. The scientific novelty consists in the elaboration of the methodical approach to cluster formation preceding the use of econometric models. The main research method is grouping on the basis of a cluster approach. It has been proved that the common cluster analysis with econometric models is not often relevant to the specific purpose, so step-by-step estimation of the indicators chosen has been suggested considering every peculiarity of a national foreign trade policy. Preliminary grouping of the countries by the criteria of economic stability has been performed. Further investigations in this field will be conducted via analysis of the dominant strategies in tourism development programmes according to the current position of a country in the pre-defined group and singling out the main trends peculiar to the majority of the projects.

Suggested Citation

  • V. Yermachenko, 2015. "The Influence Of A Country'S Global Market Position On The Tourism Industry Macroeconomic Indicators," Economics of Development, Kharkiv National University of Economics, vol. 73(1), pages 34-46.
  • Handle: RePEc:nos:zodgwl:e151yer.pdf
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    File URL: http://www.ed.ksue.edu.ua/ER/knt/eu151_73/e151yer.pdf
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