IMPACT OF TOURISM ON ECONOMIC GROWTH AND EMPLOYMENT IN ROMANIA?S COASTAL AREA
Autor (i): Bălan Mariana, Dumitru Cornelia
JEL: C10, C42, E24, J21, L83
Cuvinte cheie: tourism, performance, economic turnaround, correlation, tourism capacity
Abstract:
Despite current difficulties, tourism remains an economic sector with economic growth and development potential at global level. The contribution of tourism to economic and social life is different from one country to another, depending on the development level and the policies promoted regarding these activities. Nowadays, Romania’s tourism sector, according to the data of the World Tourism and Travel Council registered relative progress as compared with previous years, so that in 2014 this sector had a total contribution to GDP of 33.1 billion RON, representing 4.8% of the GDP. In this context, the direct contribution to employment was of 2.4% from total employment meaning that the sector supported directly 205000 jobs. At the same time, the contribution of this sector and of the industries and services supported by it, including indirectly based on induced effects was of 467500 jobs. The paper presents a brief analysis about the evolution of Romanian tourism in the post-crisis period and about the impact of the sector on the economic growth in the coastal area of Romania. At the same time, the links between the tourist accommodation capacity and the number of incoming tourists in tourism structures of the considered area are analyzed by statistical methods.