Critical evaluation of competitiveness in international receipt of tourism amongst BRICS nations

Abstract

We are living in the world of globalization where competition is inseparable part of every business. It is possible to devolved countries to survive in this competition because of access to various economic resources. Purpose-This study focuses on one of such economic integration i.e. BRICS and has compared international Receipt of tourism among BRICS nations. This research has also appraised India‘s position among BRICS Nations in connection with international receipts of tourism. Research Methodology-To accomplish objectives of the research data gathering has been done form official website of Organization for Economic Cooperation and Development. A panel of data of BRICS nations from the year 2008-2019 has been built and various research tools were employed for analyzation of data. Finding-Statistics evaluation performed by utilizing the tool of ANOVA shows a statistically significant difference between the International receipts of tourism of BRICS nations. Also, apart from Brazil and South Africa, all other groupings of BRICS are displaying a statistically significant variance in terms of international receipt of tourism. Originality/Value-Data collection has been done from official website of OECD and all implications are from published research papers of authors from tourism domain.