Theoretical and Applied Economics
No. 2 / 2026 (647), Summer
Analysing the relationship between tourist flows and socio-economic development. A comparative case study: Romania vs. PIGS countries
The Bucharest University of Economic Studies, Romania
Abstract. The share of tourism in GDP is below 3% in Romania, while the PIGS countries are recognized for the significant impact of tourists influx on socio-economic development. Following the analysis carried out at national level, I found a stronger relationship between the dynamics of the tourist flows and that of GDP per capita / employed population in PIGS countries, compared to Romania, where the linkage is weaker. At regional level, significant divergences were found, especially in terms of the percentage change in the employed population, both between PIGS and Romania NUTS 2 regions, and between the regions of Romania.
Keywords: tourist flows, economic development, tourism, Romania, PIGS.
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