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: DANIEL BULIN
Format: Article
Language:English
Published: Nicolae Titulescu University 2014-11-01
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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author DANIEL BULIN
author_facet DANIEL BULIN
author_sort DANIEL BULIN
collection DOAJ
description 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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publisher Nicolae Titulescu University
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series Global Economic Observer
spelling doaj-art-607a9c68d8364af8890edd8a1fe1bc072025-08-20T03:41:49ZengNicolae Titulescu UniversityGlobal Economic Observer2343-97422343-97502014-11-01225665TOURISM INDUSTRY WORLDWIDE – TESTING SOME CORRELATIONS BETWEEN ESSENTIAL INDICATORSDANIEL BULIN0Institute for World Economy, Romanian AcademyEssential 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.http://www.globeco.ro/wp-content/uploads/vol/split/vol_2_no_2/geo_2014_vol2_no2_art_008.pdftourismvisitor exportsinvestmentstravel and tourism competitivenessPearson Correlation coefficient
spellingShingle DANIEL BULIN
TOURISM INDUSTRY WORLDWIDE – TESTING SOME CORRELATIONS BETWEEN ESSENTIAL INDICATORS
Global Economic Observer
tourism
visitor exports
investments
travel and tourism competitiveness
Pearson Correlation coefficient
title TOURISM INDUSTRY WORLDWIDE – TESTING SOME CORRELATIONS BETWEEN ESSENTIAL INDICATORS
title_full TOURISM INDUSTRY WORLDWIDE – TESTING SOME CORRELATIONS BETWEEN ESSENTIAL INDICATORS
title_fullStr TOURISM INDUSTRY WORLDWIDE – TESTING SOME CORRELATIONS BETWEEN ESSENTIAL INDICATORS
title_full_unstemmed TOURISM INDUSTRY WORLDWIDE – TESTING SOME CORRELATIONS BETWEEN ESSENTIAL INDICATORS
title_short TOURISM INDUSTRY WORLDWIDE – TESTING SOME CORRELATIONS BETWEEN ESSENTIAL INDICATORS
title_sort tourism industry worldwide testing some correlations between essential indicators
topic tourism
visitor exports
investments
travel and tourism competitiveness
Pearson Correlation coefficient
url http://www.globeco.ro/wp-content/uploads/vol/split/vol_2_no_2/geo_2014_vol2_no2_art_008.pdf
work_keys_str_mv AT danielbulin tourismindustryworldwidetestingsomecorrelationsbetweenessentialindicators