Economic Analysis and Factors Influencing the Development of Tourism

  • Zubaira TEMIRALIYEVA International University of Kyrgyzstan, Kyrgyzstan
  • Karlygash ABDYKULOVA Taraz Regional University named after M. Kh.Dulati, Kazakhstan
  • Gulnara BAIBASHEVA Astana International University, Kazakhstan
  • Zhassulan SADYKOV Kainar University Kazakh University of Economics, Finance and International Trade, Kazakhstan
  • Gulmira NAKIPOVA Karaganda Economic University of Kazpotrebsoyuz, Kazakhstan
  • Layly TOKAEVA Almaty Technological University, Kazakhstan

Abstract

The ongoing transformations in various aspects in the field of tourism services lead to an increase in the importance of tourism in the development of the national economy, which is due to a change in the mechanism of functioning of the tourism industry, a complex impact on the economy of other industries. Taking into account the factors affecting the development of tourism, it should be noted that the industry tourism has a synergistic effect: the quality of service improves, insurance companies are attracted, new segments of tourism are emerging, new routes are being developed.Development and support of the tourism industry, the development of competition and investment attractiveness depend on a wide range of factors reflecting the general state of the economic policy of the state and the position of state institutions, in connection with which the issues of developing the entrepreneurial climate, increasing investment attractiveness and, in general, the competitiveness of the tourism sector are one of the key directions of the state's economic policy.


 

References

[1] Antonakakis N., Dragouni M., Eeckels B. and Filis G. 2019. The tourism and economic growth enigma: Examining an ambiguous relationship through multiple prisms. Journal of Travel Research, 58(1): 3–24. DOI:https://doi.org/10.1177/0047287517744671
[2] Borodako, K. and Rudnicki, M. 2018. Transport accessibility in business travel – A case study of central and east European cities. International Journal of Tourism Research, 16(2): 137–145. DOI:https://doi.org/10.1002/jtr.1908
[3] Butnaru, G.I. and Haller, A. P. 2017. Perspective of sustainable rural tourism in the United Kingdom of Great Britain and Northern Ireland (UK): Comparative study of β and σ convergence in the economic development regions. Sustainability, 9(4): 525-534. DOI: https://doi.org/10.3390/su9040525
[4] Calero, C. and Turner, L.W. 2020. Regional economic development and tourism: A literature review to highlight future directions for regional tourism research. Tourism Economics, 26(1): 3–26. DOI:https://doi.org/10.1177/1354816619881244
[5] Cheng, L. and Zhang, J. 2020. Is tourism development a catalyst of economic recovery following natural disaster? An analysis of economic resilience and spatial variability. Current Issues in Tourism, 11(24): 1–22. DOI: https://doi.org/10.1080/13683500.2019.1711029
[6] Estol, J. and Font, X. 2017. European tourism policy: Its evolution and structure. Tourism Management, 52 (8): 230–241. DOI: https://doi.org/10.1016/j.tourman.2017.06.007
[7] Grubor, A., Milićević, N. M. and Đokić, N. 2019. Social-psychological determinants of Serbian tourists’ choice of green rural hotels. Sustainability, 11(23): 6691-6699. DOI: https://doi.org/10.3390/su11236691
[8] Khan, N., Hassan, A.U., Fahad, S. and Naushad, M. 2020. Factors affecting tourism industry and its impacts on global economy of the world. Tourism Management, 11(32): DOI: https://dx.doi.org/10.2139/ssrn.3559353
[9] Lin, V. S., Yang, Y. and Li, G. 2019. Where can tourism-led growth and economy-driven tourism growth occur? Journal of Travel Research, 58(5): 760–773. DOI: https://doi.org/10.1177%2F0047287518773919
[10] Navarro, A., Andrés Martínez, J.-L. and Mondéjar Jiménez, J.-A. 2020. An approach to measuring sustainable tourism at the local level in Europe. Current Issues in Tourism, 23(4): 423–437. DOI:https://doi.org/10.1080/13683500.2019.1579174
[11] Neuts B. 2020. Tourism and urban economic growth: A panel analysis of German cities. Tourism Economics, 26(3): 519–527.
[12] Nunkoo R., et al. 2020. Tourism and economic growth: A meta-regression analysis. Journal of Travel Research, 59(3): 404–423.
[13] Nunkoo R., et al. 2020. Tourism and economic growth: A meta-regression analysis. Journal of Travel Research, 59(3): 404–423. DOI: https://doi.org/10.1177%2F0047287519844833
[14] Roudi, S., Arasli, H. and Akadiri, S. S. 2019. New insights into an old issue–examining the influence of tourism on economic growth: Evidence from selected small island developing states. Current Issues in Tourism, 22(11): 1280–1300. DOI: https://doi.org/10.1080/13683500.2018.1431207
[15] Sahakyan, M. and Ghazaryan, S. 2017. Tourism modeling: A new approach to tourism. Economic and social development. Varazdin Development and Entrepreneurship Agency. Available at: https://www.esd-conference.com/upload/book_of_proceedings/Book_of_Proceedings_Warsaw_2017_Online.pdf
[16] Santamaria, D. and Filis, G. 2019. Tourism demand and economic growth in Spain: New insights based on the yield curve. Tourism Management, 11(75): 447–459. DOI: https://doi.org/10.1016/j.tourman.2019.06.008
[17] Sokhanvar, A. 2019. Does foreign direct investment accelerate tourism and economic growth with in Europe? Tourism Management Perspectives, 29(11): 86–96. DOI: https://doi.org/10.1016/j.tmp.2018.10.005
[18] Tang, C.F. 2020. The threshold effects of educational tourism on economic growth. Current IssuesinTourism, 11(75): 1–16. DOI: https://doi.org/10.1080/13683500.2019.1694869
[19] Tang, C.F. and Tan, E.C. 2017. The determinants of inbound tourism demand in Malaysia: Another visit with non-stationary panel data approach. Anatolia, 27(2): 189–200. DOI:https://doi.org/10.1080/13032917.2017.1084345
[20] Vergori, A.S. and Arima, S. 2020. Cultural and non-cultural tourism: Evidence from Italian experience. Tourism Management, 12(78): 104058. DOI: https://doi.org/10.1016/j.tourman.2019.104058
[21] Electronic resource: https://widgets.weforum.org/inclusive-development-index-2017/
[22] Electronic resource: International tourism and Covid-19. https://www.unwto.org/
[23] Electronic resource: International Tourism Highlights. 2020. https://www.e-unwto.org/doi/book/10.18111/9789284422456;
[24] Law of the Republic of Kazakhstan. 2020. On tourist activities in the Republic of Kazakhstan
[25] Official resource of WTTC. 2016. Global travel and tourism economic impact. Available at: https://www.wttc.org/-/media/files/reports/economic-impact-research/wttc-global-travel–tourism-economic-impact-update_july-2016_encrypted.pdf
[26] Official resource of WTTC. 2019. Travel and tourism economic impact 2019. Available at: https://www.wttc.org/-/media/files/reports/economic-impact-research/regions-2019/world2019.pdf
[27] Official website of the Committee on Statistics of the Ministry of National Economy of the Republic of Kazakhstan. Available at: www.stat.gov.kz
Published
2021-12-29
How to Cite
TEMIRALIYEVA, Zubaira et al. Economic Analysis and Factors Influencing the Development of Tourism. Journal of Environmental Management and Tourism, [S.l.], v. 12, n. 8, p. 2109 - 2120, dec. 2021. ISSN 2068-7729. Available at: <https://journals.aserspublishing.eu/jemt/article/view/6655>. Date accessed: 22 dec. 2024.