PL EN


2012 | 1 | 5-22
Article title

INTERNATIONAL TOURISM AND ITS ROLE IN ECONOMIES

Content
Title variants
Languages of publication
EN
Abstracts
EN
International tourism industry as an important economic sector has many of social, cultural and economic impacts on the economy of destination. This study investigated the role of international tourism income in economy of selected countries. The distribution pattern of international tourism income within OECD and G77 countries was followed. Totally 105 countries were selected including thirty three OECD and seventy two G77 countries. Based on the position of these countries in GDP per capita ranking, OECD and G77 countries were classified respectively in two groups – high-income countries and medium-income countries within the Organization for Economic Cooperation and Development; developing countries and least developed countries within G77. International tourism information of the countries was analyzed by Minitab, using correlations and principal component analysis. International tourism information includes annual receipts of international tourism industry, share of international tourism receipts in GDP and its growth in a period of ten years and etc. The results indicated that, although the OECD countries had the largest share of tourism receipts in the world, the contribution of international tourism income to GDP in these countries posted negative growth in a period of ten years. Conversely, this growth experienced a positive trend for G77 countries. Therefore, in order to approach the Millennium Goals in poverty alleviation, the pattern of international tourism income distribution can be taken into serious consideration. Also the results show the importance of a common problem in international tourism industry of developing countries. The problem is this fact that the big part of international tourism income doesn’t reach the local economy. Innovation of this research is the detailed comparison of developed and developing countries, dividing the each of them into two sub-groups, and the finding an interesting trend which attracts the scientific and practical attention.
References
Document Type
Publication order reference
Identifiers
ISSN
1691-1881
YADDA identifier
bwmeta1.element.desklight-595f2075-15bd-4839-b9f8-e5fd78ca9812
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