The intercorrelation between tourism and the environmental evolution in the context of the economic cycle. Case study: Romania
Type of paper: Research Article
Author
Iulian Gabriel Păun
Corresponding AuthorAffiliation: Bucharest University of Economic Studies, Bucharest, Romania
Email: gabipaun90@gmail.com
How to Cite
Păun, I. G. (2014). The intercorrelation between tourism and the environmental evolution in the context of the economic cycle. Case study: Romania. CACTUS Tourism Journal, 9 (1).
© 2014 The Author(s);
Licensed under CC BY-NC 4.0
Abstract
Because the effects of economic cycles and, in particular, the crisis of recent years, are becoming stronger and more extensive , affecting whole sectors of the world economy and national tourism through important role to contribute to mitigating these negative consequences . To help increase however , support and economic recovery, it is necessary to identify factors that have a strong influence on indicators of tourist traffic. This will then allow the ranking factors exerted by link indicators hierarchy that can be a foundation for the design of strategies and policies to maximize the positive effects of tourism on the national economy. At the same time, it can contribute to a better understanding of how the determinants of tourism act at different stages of the economic cycle. This paper examines the links between a number of macroeconomic indicators ( GDP, employment, real wages ) and a number of indicators of tourist traffic (number of overnights , arrivals, departures). Analysis period includes the years of the economic cycle (2005-2012) and highlights the links between economic growth , economic recession , and the correlations for the entire period.
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