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A Romanian Tourism Market Analysis – Developments And Trends After The Eu Accession

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  • DANIEL BULIN

    (PhD, Researcher, Institute for World Economy, Romanian Academy, Calea 13 Septembrie, no. 13, District 5, Bucharest, ROMANIA)

Abstract

In Romania, a country of rich touristic heritage, the total contribution of tourism to the 2014 GDP was 4.8% and, according to the country report published by the World Tourism and Travel Council (WTTC), this contribution is expected to rise to only 5.1% over the next decade. Obviously, for an emerging economy with a high touristic endowment this current condition cannot be satisfying. In this paper we intend to accomplish a specific analysis of the tourism market evolution after its EU accession. Our undertaking starts from two complementary questions: How did the Romanian tourism market develop, following the country’s EU accession? Are there any tourism development gaps between the country’s counties? Our research includes assessments of both the touristic demand and supply by counties and the municipality of Bucharest, as well as of the county groupings resulted from a cluster analysis using 6 indices (2 for demand, 2 for supply and 2 aggregate ones). The assumptions we start from are that a positive impact has been induced on Romania’s tourism after its accession into the EU, but in terms of its regional development, major development gaps between counties still persist and even deepen.

Suggested Citation

  • Daniel Bulin, 2015. "A Romanian Tourism Market Analysis – Developments And Trends After The Eu Accession," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 3(2), pages 106-115, November.
    • Handle: RePEc:ntu:ntugeo:vol3-iss2-15-106
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    References listed on IDEAS

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    2. Rabontu Cecilia Irina & Vasilescu Maria, 2012. "The Evolution Of Romanian Tourism In Terms Of Economic Instability," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 130-142, June.
    3. Yannis M. Ioannides & George Petrakos, 2000. "Regional Disparities in Greece and the Performance of Crete, Peloponnese and Thessaly," Discussion Papers Series, Department of Economics, Tufts University 0008, Department of Economics, Tufts University.
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    Cited by:

    1. Cristina Lupu & Ana Isabel Rodrigues & Oana Mihaela Stoleriu & Martina G. Gallarza, 2020. "A Textual and Visual Analysis of the Intrinsic Value Dimensions of Romania: Towards a Sustainable Destination Brand," Sustainability, MDPI, vol. 13(1), pages 1-23, December.

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    More about this item

    Keywords

    tourism market; tourism demand; tourism supply; cluster analysis; Romania.;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • L89 - Industrial Organization - - Industry Studies: Services - - - Other
    • Z32 - Other Special Topics - - Tourism Economics - - - Tourism and Development
    • Z39 - Other Special Topics - - Tourism Economics - - - Other
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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