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Dichotomy Algorithms in the Multi-class Problem of Pattern Recognition Read chapter Read first chapter

2020 | OriginalPaper | Chapter

Analyzing the Efficiency of Travel and Tourism in the European Union

Authors : Petra Barišić, Violeta Cvetkoska

Published in: Advances in Operational Research in the Balkans

Publisher: Springer International Publishing

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Abstract

As one of the world’s largest and growing economic sectors, travel and tourism significantly contributes to GDP, creates jobs, drives exports, and generates prosperity across the world. Therefore, it is essential to know which countries successfully manage their travel and tourism, and can serve as an example for the others. The aim of the paper is to analyze the efficiency of travel and tourism impact on the GDP and employment in the European Union at the macro level, by using the nonparametric approach data envelopment analysis. All 28 member states of the European Union were included in the research. The observation period was one year (2017). Two inputs and two outputs were selected. Internal travel and tourism consumption and capital investment were the inputs, while travel and tourism’s total contribution to GDP and employment were the outputs. The obtained results are presented, interpreted and there are recommendations given for the tourism policy-makers regarding making better decisions.

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previous chapter Residential Attractiveness of Cities from the Perspective of the Efficiency, Residents’ Perception and Preferences: The Case of Serbia
next chapter Interdomain Quality of Service Negotiation Using DEA Analysis and Petri Nets
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Metadata
Title
Analyzing the Efficiency of Travel and Tourism in the European Union
Authors
Petra Barišić
Violeta Cvetkoska
Copyright Year
2020
Book
Advances in Operational Research in the Balkans

Print ISBN: 978-3-030-21989-5

Electronic ISBN: 978-3-030-21990-1

Copyright Year: 2020

DOI
https://doi.org/10.1007/978-3-030-21990-1_10