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Analyzing the Efficiency of Travel and Tourism in the European Union

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Advances in Operational Research in the Balkans

Part of the book series: Springer Proceedings in Business and Economics ((SPBE))

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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Author information

Authors and Affiliations

  1. Faculty of Economics & Business, University of Zagreb, Zagreb, Croatia

    Petra Barišić

  2. Faculty of Economics – Skopje, Ss. Cyril and Methodius University in Skopje, Skopje, Republic of Macedonia

    Violeta Cvetkoska

Authors
  1. Petra Barišić
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  2. Violeta Cvetkoska
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Correspondence to Violeta Cvetkoska .

Editor information

Editors and Affiliations

  1. Department of Industrial Engineering, Khalifa University, Abu Dhabi, United Arab Emirates

    Nenad Mladenović

  2. Department of Applied Informatics, University of Macedonia, Thessaloniki, Greece

    Angelo Sifaleras

  3. Faculty of Organizational Sciences, University of Belgrade, Belgrade, Serbia

    Marija Kuzmanović

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Barišić, P., Cvetkoska, V. (2020). Analyzing the Efficiency of Travel and Tourism in the European Union. In: Mladenović, N., Sifaleras, A., Kuzmanović, M. (eds) Advances in Operational Research in the Balkans. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-21990-1_10

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