IMPACT OF FINANCIAL CRISIS ON BLACK SEA TOURISM

Autor:	ADINA TRANDAFIR
Jazyk:	angličtina
Rok vydání:	2012
Předmět:	Romanian tourism global downturn fiscal measures Economic theory. Demography HB1-3840 Economics as a science HB71-74
Zdroj:	Annals of the University of Petrosani: Economics, Vol XII, Iss 1, Pp 305-312 (2012)
Druh dokumentu:	article
ISSN:	1582-5949 2247-8620
Popis:	This paper aims to highlight, using a linear regression model, how the antisocial measures (reducing wages, taxation of pensions, increased VAT rate), adopted by the government amid the global financial crisis, affect various aspects of life in Romania. In this respect, using a simple linear correlation, we analyzed the impact of the average wage in Romania on the number of days of accommodation and on the number of tourists staying in southern Black Sea coast hotel during 2004-2011. Analysis revealed a strong correlation (as detected by the correlation matrix) between the variables mentioned above and also a strong impact of the independent variable (average salary) on the two dependent variables (number of days of stay and the number of Romanian tourists staying in unit from 2004-2011).
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/ee9e1dee786e4583bbac51bc62f3ecfe Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF