TOURISM INDUSTRY WORLDWIDE – TESTING SOME CORRELATIONS BETWEEN ESSENTIAL INDICATORS
Essential component of the global economy, tourism industry is in a strong interdependent relationship both with other sectors, as well as with different qualitative components– competitiveness, sociohuman and environment issues. Result of the specificity of services, touristic consumption, both r...
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| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
Nicolae Titulescu University
2014-11-01
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| Series: | Global Economic Observer |
| Subjects: | |
| Online Access: | http://www.globeco.ro/wp-content/uploads/vol/split/vol_2_no_2/geo_2014_vol2_no2_art_008.pdf |
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| Summary: | Essential component of the global economy, tourism industry is in a strong interdependent
relationship both with other sectors, as well as with different qualitative components– competitiveness, sociohuman
and environment issues. Result of the specificity of services, touristic consumption, both residents and
visitors, is localized strictly to the meeting of supply and demand, so national receipts are consists of domestic
tourism and visitor exports. Introducing investment in analysis, and also competitive tourism component, we
propose in this paper to test the connections between tourism consumption, capital investments and travel and
tourism competitiveness index. In order to achieve the objective, using the latest statistical data, there have
been calculated and interpreted Pearson correlation coefficients, starting from the general hypothesis that
there is a direct relationship between the variables analysed. |
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| ISSN: | 2343-9742 2343-9750 |