MANAGING ECONOMIC DEVELOPMENT BY TOURISM CONTRIBUTION: EMPIRICAL EVIDENCE

Tourism became one of the leading world industries thus provoking an interest among all countries, regardless the level of their economic development. Moreover, by increasing the number of incoming tourists, each country attempts to contribute to strengthening its economic growth. The paper ad...

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Main Authors: Biljana Petrevska, Margarita Matlievska
Format: Article
Language:English
Published: Faculty of Applied Management, Economics and Finance – MEF, Belgrade, University Business Academy in Novi Sad 2013-04-01
Series:Journal of Process Management and New Technologies
Subjects:
Online Access:http://www.japmnt.com/images/Volume%201/Issue%202/MANAGING%20ECONOMIC%20DEVELOPMENT%20BY%20TOURISM%20CONTRIBUTION%20EMPIRICAL%20EVIDENCE.pdf
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author Biljana Petrevska
Margarita Matlievska
author_facet Biljana Petrevska
Margarita Matlievska
author_sort Biljana Petrevska
collection DOAJ
description Tourism became one of the leading world industries thus provoking an interest among all countries, regardless the level of their economic development. Moreover, by increasing the number of incoming tourists, each country attempts to contribute to strengthening its economic growth. The paper addresses the economic impacts of tourism in Macedonia and makes an effort to assess its contribution to economic development. For that purpose, some commonly applied economic parameters are employed. The data set is observed in two sub-periods: 1991-2000 as a period just after the independence of Macedonia and 2001-2010 as a period extensive enough to observe the first tourism outcomes. The research generally is covered by comparative analyses based on available sources of secondary data. The outcomes point to modest contribution of tourism towards economic development, and underscores the necessity for managing actions and measures for enhancing current status.
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spelling doaj.art-813edbaa42394680889808d94ab03ae02022-12-22T00:05:12ZengFaculty of Applied Management, Economics and Finance – MEF, Belgrade, University Business Academy in Novi SadJournal of Process Management and New Technologies2334-735X2334-74492013-04-01123541MANAGING ECONOMIC DEVELOPMENT BY TOURISM CONTRIBUTION: EMPIRICAL EVIDENCEBiljana Petrevska0Margarita Matlievska1Faculty of Tourism and Business Logistics, Goce Delcev University - Stip, MacedoniaFaculty of Economics, Goce Delcev University - Stip, MacedoniaTourism became one of the leading world industries thus provoking an interest among all countries, regardless the level of their economic development. Moreover, by increasing the number of incoming tourists, each country attempts to contribute to strengthening its economic growth. The paper addresses the economic impacts of tourism in Macedonia and makes an effort to assess its contribution to economic development. For that purpose, some commonly applied economic parameters are employed. The data set is observed in two sub-periods: 1991-2000 as a period just after the independence of Macedonia and 2001-2010 as a period extensive enough to observe the first tourism outcomes. The research generally is covered by comparative analyses based on available sources of secondary data. The outcomes point to modest contribution of tourism towards economic development, and underscores the necessity for managing actions and measures for enhancing current status.http://www.japmnt.com/images/Volume%201/Issue%202/MANAGING%20ECONOMIC%20DEVELOPMENT%20BY%20TOURISM%20CONTRIBUTION%20EMPIRICAL%20EVIDENCE.pdfeconomic developmenteconomic impactstourismmanagementMacedonia.
spellingShingle Biljana Petrevska
Margarita Matlievska
MANAGING ECONOMIC DEVELOPMENT BY TOURISM CONTRIBUTION: EMPIRICAL EVIDENCE
Journal of Process Management and New Technologies
economic development
economic impacts
tourism
management
Macedonia.
title MANAGING ECONOMIC DEVELOPMENT BY TOURISM CONTRIBUTION: EMPIRICAL EVIDENCE
title_full MANAGING ECONOMIC DEVELOPMENT BY TOURISM CONTRIBUTION: EMPIRICAL EVIDENCE
title_fullStr MANAGING ECONOMIC DEVELOPMENT BY TOURISM CONTRIBUTION: EMPIRICAL EVIDENCE
title_full_unstemmed MANAGING ECONOMIC DEVELOPMENT BY TOURISM CONTRIBUTION: EMPIRICAL EVIDENCE
title_short MANAGING ECONOMIC DEVELOPMENT BY TOURISM CONTRIBUTION: EMPIRICAL EVIDENCE
title_sort managing economic development by tourism contribution empirical evidence
topic economic development
economic impacts
tourism
management
Macedonia.
url http://www.japmnt.com/images/Volume%201/Issue%202/MANAGING%20ECONOMIC%20DEVELOPMENT%20BY%20TOURISM%20CONTRIBUTION%20EMPIRICAL%20EVIDENCE.pdf
work_keys_str_mv AT biljanapetrevska managingeconomicdevelopmentbytourismcontributionempiricalevidence
AT margaritamatlievska managingeconomicdevelopmentbytourismcontributionempiricalevidence