Studia Universitatis Babeş-Bolyai Negotia (Mar 2020)

THE IMPACT OF TOURISM ON ECONOMIC DEVELOPMENT – A CROSS-COUNTRY PERSPECTIVE

  • Oana Ruxandra BODE,
  • Emanuel Emil SĂVAN,
  • Oana Adriana GICĂ

DOI
https://doi.org/10.24193/subbnegotia.2020.1.02
Journal volume & issue
Vol. 65, no. 1

Abstract

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Tourism is one of the main economic activities in many countries. The core idea of this paper is to conduct a comparative analysis of the economic impact of tourism in Romania, Spain and Turkey during 2000 - 2018. Thus, the aim of the present paper is three-fold. The first is to analyze the direct, indirect and induced contributions of Travel & Tourism to GDP in these countries. The second is to determine the impact of Internal T&T Consumption on GDP growth. The third is to measure tourism multiplier and tourism efficiency. JEL Classification: O57, Z32

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