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Study Regarding the Tourism Sector in Romanian Economy

Author

Listed:
  • Maria Liliana Druiu

    (West University of Timisoara)

Abstract

The tourism sector is a driver for the socio-economic development of a country. According to World Travel & Tourism Council, the tourism sector contributes with 5,9% to the formation of Romania's GDP. The purpose of this article is to highlight the significance of the tourism sector in the national economy of Romania. The main conclusion that can be drawn from this study is that the Romanian tourism sector has developed much over the years, but to be competitive worldwide it must increase the quality of products and services offered, and also is needed a better promotion abroad.

Suggested Citation

  • Maria Liliana Druiu, 2021. "Study Regarding the Tourism Sector in Romanian Economy," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 261-266, December.
    • Handle: RePEc:ovi:oviste:v:xxi:y:2021:i:2:p:261-266
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    File URL: https://stec.univ-ovidius.ro/html/anale/RO/2021-2/Section%203/12.pdf
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    References listed on IDEAS

    as
    1. Faruk Balli & Syed Jawad Hussain Shahzad & Gazi Salah Uddin, 2018. "A tale of two shocks: What do we learn from the impacts of economic policy uncertainties on tourism?," Post-Print hal-02044848, HAL.
    2. Gabriela Carmen Pascariu & Bogdan-Constantin Ibanescu, 2018. "Determinants and Implications of the Tourism Multiplier Effect in EU Economies. Towards a Core-Periphery Pattern?," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 20(S12), pages 982-982, November.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Alina-Petronela Haller & Georgia-Daniela Tacu Hârșan, 2023. "Longitudinal Analysis of Sustainable Tourism Potential of the Black Sea Riparian States Bulgaria, Romania and Turkey," IJERPH, MDPI, vol. 20(4), pages 1-24, February.

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    More about this item

    Keywords

    tourism; Romania; accommodation;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • Z30 - Other Special Topics - - Tourism Economics - - - General

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