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Romanian Tourism Market Ten Years after Joining the European Union

Author

Listed:
  • SARMIZA PENCEA

    (PModels of Economic Development Department The Institute for World Economy – Romanian Academy)

  • DANIEL BULIN

    (New International Economic Order Department The Institute for World Economy – Romanian Academy)

Abstract

The general purpose of this paper is to appraise the post-accession evolution of the Romanian tourism market by looking at a range of relevant indicators that measure the touristic demand and supply, over the 2006- 2016 decade. The authors put forth an empirical analysis of the statistical data provided by the National Institute for Statistics and by the World Travel and Tourism Council, at both the national and regional levels, taking into account the eight development regions of the country. They devised a two-stage methodology, with a first stage dedicated to the empirical analysis of the indicators that measure tourism market from different angles and a second stage consisting in a cluster analysis meant to identify the potential narrowing or, on the contrary, deepening of the regional tourism market development gaps. They conclude that while the Romanian tourism industry underwent significant transformations after joining the EU, it did not manage to capitalize on the opportunity of the open access to the EU single market.

Suggested Citation

  • Sarmiza Pencea & Daniel Bulin, 2018. "Romanian Tourism Market Ten Years after Joining the European Union," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 6(1), June.
    • Handle: RePEc:ntu:ntugeo:vol6-iss1-18-120
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    References listed on IDEAS

    as
    1. Alexandru Naghiu & José Vázquez & Ivan Georgiev, 2005. "Rural development strategies through rural tourism activities in romania: chance for an internal demand?," International Review on Public and Nonprofit Marketing, Springer;International Association of Public and Non-Profit Marketing, vol. 2(1), pages 85-95, June.
    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.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Tourism; regional development; tourism market; cluster analysis; Romania.;
    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
    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods

    Statistics

    Access and download statistics

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