Please use this identifier to cite or link to this item: http://hdl.handle.net/20.500.12188/4037
Title: THE EFFICIENCY OF THE TOURISM INDUSTRY IN THE BALKANS
Authors: Cvetkoska, Violeta 
Barisic, Petra
Keywords: Balkans, tourism industry, relative efficiency, DEA, Window analysis
Issue Date: 2017
Source: Cvetkoska, V., and Barisic, P. (2017). The Efficiency of the Tourism Industry in the Balkans. The Proceedings of the Faculty of Economics in East Sarajevo - Journal of Economics and Business. 14, 31-41.
Journal: Proceedings of the Faculty of Economics in East Sarajevo - Journal of Economics and Business
Conference: Jahorina Business Forum 2017
Abstract: The countries in the Balkan region report an increase in the number of tourist arrivals and spending but the question that remains is if their overall tourism industry is efficient. Using the methodology data envelopment analysis, this paper analyzes the efficiency of the tourism industry in the Balkans at the macro level. Eleven countries in the Balkan region were included in the research, namely Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Greece, Macedonia, Montenegro, Romania, Serbia, Slovenia, and Turkey. The period of observation was six years (2010-2015). Two inputs and two outputs were selected. Visitor exports and domestic travel and tourism spending were inputs, while travel and tourism total contribution to GDP and employment were outputs. According to the obtained results, there was no country that was efficient in every year in every window, and it was found that the most efficient country in the whole observed period is Albania, while the least efficient country is Montenegro.
URI: http://hdl.handle.net/20.500.12188/4037
DOI: DOI: 10.7251/ZREFIS1714031C
Appears in Collections:Faculty of Economics 03: Journal Articles / Статии во научни списанија

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