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Tourism as backer for regional development. A real deal or just another hope?

Author

Listed:
  • Camelia SURUGIU

    (National Institute of Research and Development in Tourism, Romania)

  • Marius-Razvan SURUGIU

    (2Institute of National Economy, Romania)

Abstract

The present paper aims to estimate the economic impact of tourism in Centre development region of Romania, using the regional input-output analysis. Prior Work in the field of assessment of tourism impact suggest input – output analysis as a strong instrument of analysis, previous research papers using this model in various region and countries of the world. The main approach of the paper is to develop GRIT model (Generation of Regional Input - Output Tables) previously used by the experts. The results of the paper indicate lower backward or forward regional tourism multipliers as compared to those estimated at national level. The main findings of the paper has significant implications for the decision-makers in order to support tourism sector and better capitalize the tourism natural and cultural patrimony. Furthermore, the methodology could be used in other Romanian development regions. The value of the paper consists in adapting input-output methodology at regional level in order to estimate tourism impact

Suggested Citation

  • Camelia SURUGIU & Marius-Razvan SURUGIU, 2015. "Tourism as backer for regional development. A real deal or just another hope?," EuroEconomica, Danubius University of Galati, issue 1(34), pages 113-132, May.
    • Handle: RePEc:dug:journl:y:2015:i:1:p:113-132
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    File URL: http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/2461/2453
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    References listed on IDEAS

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    5. Sarah Cline & Andrew Seidl, 2010. "Combining Non-Market Valuation And Input-Output Analysis For Community Tourism Planning: Open Space And Water Quality Values In Colorado, Usa," Economic Systems Research, Taylor & Francis Journals, vol. 22(4), pages 385-405.
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    Cited by:

    1. Maria Palazzo & Iza Gigauri & Mirela Clementina Panait & Simona Andreea Apostu & Alfonso Siano, 2022. "Sustainable Tourism Issues in European Countries during the Global Pandemic Crisis," Sustainability, MDPI, vol. 14(7), pages 1-21, March.

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