Bilateral trade and tourism relations between the EU and BSEC countries
| Autor: | Konstantia Darvidou, Evangelos Siskos |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Information Systems and Management
Index (economics) Sociology and Political Science Public Administration Strategy and Management BSEC countries lcsh:Business 0502 economics and business Economics international tourism Business and International Management Publication gravity model Greece business.industry international trade 05 social sciences International economics General Business Management and Accounting Bilateral trade 050211 marketing EU lcsh:HF5001-6182 business Law 050212 sport leisure & tourism Tourism |
| Zdroj: | Problems and Perspectives in Management, Vol 16, Iss 4, Pp 91-101 (2018) |
| ISSN: | 1810-5467 1727-7051 |
| DOI: | 10.21511/ppm.16(4).2018.09 |
| Popis: | The European Union and the Black Sea Economics Cooperation countries are geographical neighbors and important trade partners. Greece, Bulgaria and Romania have a cross-membership in both organizations. The paper analyzes trends and structure of trade relations of the EU and BSEC countries. The EU trade with the 12 BSEC countries is about 640 billion dollars. The BSEC countries with the EU membership or a custom union with the EU have more intra-industry trade with the EU than other BSEC countries. International tourism is an important component of the trade in services between the regions. Following the review of the factors of international tourism demand, a gravity model for tourism arrivals is presented. The model considers demand in the country of origin, international tourism capacities in destination countries and distance. The analysis helps to determine under-traded and competitive destinations in the BSEC countries for the EU travelers. Greece is the most efficient in attracting the EU tourists. Finally, country-specific differences in demand factors are considered. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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