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Potential Tourism Market in Transition Countries: A Regional Analysis

Author

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  • Eva Aguayo
  • Pilar Exposito
  • Emilia Vazquez

Abstract

Tourism is a very important sector for the economic growth and the employment. It is also important to stress that this relationships have not been studied enough, this is even more important if we take into account that we consider the economic impact, not the major determinants of tourist demand, which is the most common feature of tourism studies. In this paper we analyse the economic impact of tourism in the economy of 50 regions of transition countries. The political and economic changes in these countries have brought the attention in this area, making it a desirable destination for an important part of tourists, both in Europe and other parts of the world. Nowadays tourist are not seeking just sun and beaches as it happened in the past, other factors such as culture, history, archaeology or natural parks can explain some of the changes in the movement of tourists around the world. We study the difference among the countries and regions, considering the importance of resident and non-residents tourism in each of them. Through this analysis we would like to point those countries, and regions, which are already in a good position, such as the Czech Republic, Hungary or Poland, comparing them with those others which offer an important potential to develop this sector.

Suggested Citation

  • Eva Aguayo & Pilar Exposito & Emilia Vazquez, 2006. "Potential Tourism Market in Transition Countries: A Regional Analysis," ERSA conference papers ersa06p743, European Regional Science Association.
  • Handle: RePEc:wiw:wiwrsa:ersa06p743
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    File URL: https://www-sre.wu.ac.at/ersa/ersaconfs/ersa06/papers/743.pdf
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    References listed on IDEAS

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    1. Aguayo, Eva & Exposito, Pilar & Lamelas, Nelida, 2001. "Econometric model of Services Sector Development and Impact of Tourism in Latin American Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 1(2).
    2. Sorm, Vit & Terrell, Katherine, 2000. "Sectoral Restructuring and Labor Mobility: A Comparative Look at the Czech Republic," Journal of Comparative Economics, Elsevier, vol. 28(3), pages 431-455, September.
    3. Yuri Andrienko & Sergei Guriev, 2003. "Determinants of Interregional Mobility in Russia: Evidence from Panel Data," William Davidson Institute Working Papers Series 551, William Davidson Institute at the University of Michigan.
    4. Guisan, M.Carmen & Aguayo, Eva, 2001. "Employment and regional development in Germany," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 1(2), pages 59-90.
    5. Valev, Neven, 2004. "No pain, no gain: market reform, unemployment, and politics in Bulgaria," Journal of Comparative Economics, Elsevier, vol. 32(3), pages 409-425, September.
    6. Fabian Bornhorst & Simon Commander, 2006. "Regional unemployment and its persistence in transition countries," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 14(2), pages 269-288, April.
    7. Oleh Havrylyshyn, 2001. "Recovery and Growth in Transition: A Decade of Evidence," IMF Staff Papers, Palgrave Macmillan, vol. 48(4), pages 1-4.
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    Cited by:

    1. Giotis Georgios, 2022. "Preliminary Results on the Employment Effect of Tourism. A meta-analysis," Papers 2206.00174, arXiv.org.

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