Naslov
Analyzing the Efficiency of Travel and Tourism in the European Union

Autori
Barišić, Petra ; Cvetkoska, Violeta

Vrsta, podvrsta i kategorija rada
Sažeci sa skupova, sažetak, znanstveni

Izvornik
BOOK OF ABSTRACTS, XIII BALKAN CONFERENCE ON OPERATIONAL RESEARCH OR In Balkans - Recent Advances / Martić, Milan ; Savić, Gordana ; Kuzmanović, Marija - Beograd : The Mathematical Institute of the Serbian Academy of Sciences and Arts (SANU), 2018, 11-11

ISBN
978-86-80593-65-4

Skup
XIII Balkan Conference on Operational Research

Mjesto i datum
Beograd, Srbija, 25.05.2018. - 28.05.2018

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Operational research ; DEA ; Decision-making unit ; Efficiency analysis ; European Union ; Travel and tourism

Sažetak
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 the travel and tourism industry in the European Union at the macro level by using the non-parametric 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.

Izvorni jezik
Engleski

Znanstvena područja
Matematika, Ekonomija, Interdisciplinarne društvene znanosti

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