Inbound Tourism and Sectoral Development in Latvia

International Scientific Conference 53rd Riga Technical University Conference SCEE’2012 "Scientific Conference on Economics and Entrepreneurship": Proceedings 2012
Velga Ozoliņa, Astra Auziņa-Emsiņa

The paper deals with the interaction of tourism demand and economic development in sectoral level. Travel export is chosen as the most appropriate indicator of tourism demand. Correlation analysis is used to group industries in those, which are strongly correlated to tourism, those, which are strongly correlated to tourism till 2008 and those, which are weakly correlated to tourism. Travel export can be used for short-term estimates of the real value added for industries, which are strongly correlated to travel export

Keywords
economic development, export, tourism demand, sectoral development

Ozoliņa, V., Auziņa-Emsiņa, A. Inbound Tourism and Sectoral Development in Latvia. In: International Scientific Conference 53rd Riga Technical University Conference SCEE’2012 "Scientific Conference on Economics and Entrepreneurship": Proceedings, Latvia, Riga, 10-12 October, 2012. Riga: RTU, 2012, pp.1-7. ISBN 978-9934-10-355-1.

Publication language
English (en)