INFLUENCE OF TOURISM SECTOR IN ALBANIAN GDP: STIMATION USING MULTIPLE REGRESSION METHOD

During last years, tourism sector has significantly increased in Albania, since after year 1990 Albania has passed from a centralized economy to a liberal one. Tourism sector plays an important role in economic and social development. The contributions of this sector reflect directly into the genera...

Full description

Bibliographic Details
Main Author: Eglantina HYSA
Format: Article
Language:English
Published: Universitatii Suceava 2012-06-01
Series:Revista de Turism: Studii si Cercetari in Turism
Subjects:
Online Access:http://revistadeturism.ro/index.php/rdt/article/view/8
_version_ 1818648199104036864
author Eglantina HYSA
author_facet Eglantina HYSA
author_sort Eglantina HYSA
collection DOAJ
description During last years, tourism sector has significantly increased in Albania, since after year 1990 Albania has passed from a centralized economy to a liberal one. Tourism sector plays an important role in economic and social development. The contributions of this sector reflect directly into the generation of national income. The two main components matching the tourism movements are the number of tourists and the number of overnights in hotels. Investments done in this sector could be expected to have high positive influence in the country's GDP. This study seeks to identify the influence of tourists, their overnights in hotels and capital investment spending by all sectors directly involved in tourism sector on tourism total contribution to gross domestic product of Albania during 1996-2009. A regression analysis has been performed taking as dependent variable GDP generated by tourism sector and as independent variables, capital investment, tourist number and overnights in hotels. Even if all the variables have been found to be positivlye related, the variable ‘overnights of foreigners and Albanians in hotels' have beenfound insignificant.
first_indexed 2024-12-17T01:14:38Z
format Article
id doaj.art-30aa59802c634030b10748e12689f689
institution Directory Open Access Journal
issn 1844-2994
language English
last_indexed 2024-12-17T01:14:38Z
publishDate 2012-06-01
publisher Universitatii Suceava
record_format Article
series Revista de Turism: Studii si Cercetari in Turism
spelling doaj.art-30aa59802c634030b10748e12689f6892022-12-21T22:09:03ZengUniversitatii SuceavaRevista de Turism: Studii si Cercetari in Turism1844-29942012-06-010132126INFLUENCE OF TOURISM SECTOR IN ALBANIAN GDP: STIMATION USING MULTIPLE REGRESSION METHODEglantina HYSADuring last years, tourism sector has significantly increased in Albania, since after year 1990 Albania has passed from a centralized economy to a liberal one. Tourism sector plays an important role in economic and social development. The contributions of this sector reflect directly into the generation of national income. The two main components matching the tourism movements are the number of tourists and the number of overnights in hotels. Investments done in this sector could be expected to have high positive influence in the country's GDP. This study seeks to identify the influence of tourists, their overnights in hotels and capital investment spending by all sectors directly involved in tourism sector on tourism total contribution to gross domestic product of Albania during 1996-2009. A regression analysis has been performed taking as dependent variable GDP generated by tourism sector and as independent variables, capital investment, tourist number and overnights in hotels. Even if all the variables have been found to be positivlye related, the variable ‘overnights of foreigners and Albanians in hotels' have beenfound insignificant.http://revistadeturism.ro/index.php/rdt/article/view/8AlbaniaCapital investmentRegression analysisTourism
spellingShingle Eglantina HYSA
INFLUENCE OF TOURISM SECTOR IN ALBANIAN GDP: STIMATION USING MULTIPLE REGRESSION METHOD
Revista de Turism: Studii si Cercetari in Turism
Albania
Capital investment
Regression analysis
Tourism
title INFLUENCE OF TOURISM SECTOR IN ALBANIAN GDP: STIMATION USING MULTIPLE REGRESSION METHOD
title_full INFLUENCE OF TOURISM SECTOR IN ALBANIAN GDP: STIMATION USING MULTIPLE REGRESSION METHOD
title_fullStr INFLUENCE OF TOURISM SECTOR IN ALBANIAN GDP: STIMATION USING MULTIPLE REGRESSION METHOD
title_full_unstemmed INFLUENCE OF TOURISM SECTOR IN ALBANIAN GDP: STIMATION USING MULTIPLE REGRESSION METHOD
title_short INFLUENCE OF TOURISM SECTOR IN ALBANIAN GDP: STIMATION USING MULTIPLE REGRESSION METHOD
title_sort influence of tourism sector in albanian gdp stimation using multiple regression method
topic Albania
Capital investment
Regression analysis
Tourism
url http://revistadeturism.ro/index.php/rdt/article/view/8
work_keys_str_mv AT eglantinahysa influenceoftourismsectorinalbaniangdpstimationusingmultipleregressionmethod