identify the macroeconomic determinants responsible for the higher values of the tourism multiplier effect and to highlight the …Tourism is considered an opportunity for ensuring sustainable growth and reducing economic gaps for many less developed … countries and regions. Being one of the most dynamics industries, tourism proves to be strongly resilient, with a high level of …

investigate the time-varying relationship between tourism and economic growth in selected European countries. Overall, the … findings suggest that (i) the tourism-economy relationship is not stable over time in terms of both its magnitude and direction … between the tourism sector and the economy is more apparent to Cyprus, Greece, Portugal and Spain, which are the European …

At present, both in Romania and in Europe, tourism tends to become one of the biggest industries, with great … development possibilities in the future. The economic development of Romania including tourism benefits from the support of the … Romania by a tourism approach. The concept of ß-convergence represents the process of quicker development of poor regions than …

In the present paper an empirical analysis will point out tourism has a positive impact on economic growth, thus …