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.
Contents
Military expenditure and economic sustainability: implications of the SAFE program
Regional inequalities and human capital adaptability in Romania
Income inequality: The Resource Distribution Index (RDI)
Testing the weak form efficiency of green financial markets: A comparative study between developed and developing green financial markets
Exploring symmetry and asymmetry in evacuation dynamics: A comprehensive bibliometric and computational analysis
AI-driven marketing models as a competitive advantage in global markets
Does institutional quality promote economic growth in West Africa?
A dynamic panel data analysis of the asymmetric impact of labour cost on intra-EU migration
Determinants of CO2 emissions in ASEAN-5: The role of human development, renewable energy, and economic growth
Effects of digital economy on economic growth: Evidence from low- and middle-income countries in Africa
Adaptive AI, behavioural pattern formation, and the development of human cognition
Tax-driven alignment between conforming and non-conforming earnings management across different accounting standards
Effect of inclusive business models on multidimensional poverty in Burkina Faso
Gross financial wealth or net financial strength? Household balance sheets and economic development in the European Union
Government expenditures and tax policy: A comprehensive fiscal analysis for Greece from 1974 to 2018
What is the nature of the relationship between inflation and economic growth? Empirical evidence for the 13 least developed African countries
Digital trust and consumer psychology: A robust analysis of youth entrepreneurship in emerging Indian markets
Can monetary policy drive inclusive social development in Africa? Instrumental variables quantile regression approach
Analysing the relationship between tourist flows and socio-economic development. A comparative case study: Romania vs. PIGS countries