UDEKOM BALKAN
  • Home
  • About us
    • Objectives
    • Institutions >
      • Assembly
      • Steering Committee
      • Council
    • Activities
    • Statute
  • Membership
    • Application
    • Membership procedure
  • Conferences
    • LIMEN 2015
    • ERAZ 2015
    • HR conference 2014
  • Courses
  • Publications
  • Contact
Srpski

4th International Thematic Monograph - Modern Management Tools and Economy of Tourism Sector in Present Era

Picture

WHAT IS THE IMPACT OF PRICE FACTORS  ON SUSTAINABLE TOURISM COMPETITIVENESS?

Snežana Radukić
University of Niš, Faculty of Economics, Trg kralja Aleksandra Ujedinitelja No. 11, 18000 Niš, Republic of
Serbia

Zorana Kostić
​Faculty of Sciences and Mathematics, University of Niš, Republic of Serbia, Višegradska No. 33, 18000
Niš, Republic of Serbia

DOI:   ​​https://doi.org/10.31410/tmt.2019.169
​
4th International Thematic Monograph -   Modern Management Tools and Economy of Tourism Sector in Present Era, Belgrade, 2019,   Published by:  Association of Economists and Managers of the Balkans in cooperation with the Faculty of Tourism and Hospitality, Ohrid, North Macedonia;   ISSN 2683-5673,  ISBN 978-86-80194-29-5;   Editors:   Vuk Bevanda, associate professor, Faculty of Social Sciences, Belgrade, Serbia;   Snežana Štetić, full time professor, The College of Tourism, Belgrade, Serbia,   Printed by:  SKRIPTA International, Belgrade

Abstract: The purpose of this paper is to evaluate the connection between price competitiveness and
overall tourism competitiveness of the Balkans and Eastern Europe Countries. By comparing the selected
economic variables, a comparative analysis of the price competitiveness in tourism for this group
of countries in the period from 2007 to 2018 was carried out. The empirical research was designed to
test whether the Balkans and Eastern Europe countries which are more competitive in tourism simultaneously
have lower price competitiveness. The hypothesis has been tested by using modern statistical
software. The significance of this research arises from the current debate whether the price factors
of competitiveness in tourism are sustainable in long run. Taking into account the specificities of the
tourism sector in different countries, and combining observations and suggestions, the paper could give
significant contribution to understanding the trends, issues and policies in this area.

Keywords: Price Competitiveness, Tourism Competitiveness, Sustainable Development, Balkans and
Eastern Europe Countries.

​REFERENCES

​Athanasopoulos, G., Deng, M., Li, G., & Song, H. (2014). Modelling substitution between domestic
and outbound tourism in Australia: a system-of-equations approach. Tourism Management,
45: 159–170.
Cortez-Jimenez, I., Durbarry, R., & Pulina, M. (2009). Estimation of outbound Italian tourism
demand: a monthly dynamic EC-LAIDS model. Tourism Economics, 15(3): 547-565.
Croes, R. (2010). Measuring and explaining competitiveness in the context of small island destinations.
Journal of Travel Research, 50(4): 431–442.
Crouch, G. I. (2011). Destination competitiveness: an analysis of determinant attributes. Journal
of Travel Research, 50(1): 27–45.
Divisekera, S., & Kulendran, N. (2006). Economic effects of advertising on tourism demand: a
case study. Tourism Economics, 12(2): 187-205.
Dwyer, L., & Forsyth, P. (2011). Methods of estimating destination price competitiveness: a case
of horses for courses? Current Issues in Tourism, 14(8): 751–777.
Dwyer, L., Forsyth, P., & Rao, P. (2000). The price competitiveness of travel and tourism: a
comparison of 19 destinations. Tourism Management, 21(1): 9-22.
Dwyer, L., Forsyth, P., & Rao, P. (2002). Destination price competitiveness: exchange rate
changes versus domestic inflation. Journal of Travel Research, 40(3): 328–336.
Enright, M. J., & Newton, J. (2004). Tourism destination competitiveness: a quantitative approach.
Tourism Management, 25(6): 777–788.
Etzo, I., Massidda, C., & Piras, R. (2014). Migration and outbound tourism: evidence from Italy.
Annals of Tourism Research, 48: 235–249.
Forsyth, P., & Dwyer, L. (2009). Tourism price competitiveness. In J. Blanke & T. Chiesa (Eds.),
The Travel & Tourism Competitiveness Report - Managing in a Time of Turbulence (pp.
77-90). Geneva: World Economic Forum.
Frechtling, D. C. (2001). Forecasting Tourism Demand: Methods and Strategies. Oxford, UK:
Butterworth Heinemann.
Galovski, D. (2018). Comparison and the effectiveness of tourism policies between Macedonia
and Serbia. Turizam, 22(2), 42-51.
Gooroochurn, N., & Sugiyarto, G. (2005). Competitiveness indicators in the travel and tourism
industry. Tourism Economics, 11(1): 25–43.
Halicioglu, F. (2010). An econometric analysis of the aggregate outbound tourism demand of
Turkey. Tourism Economics, 16(1): 83–97.
Harrison, D. (2001). Less developed countries and tourism: the overall pattern. In D. Harrison
(Ed.), Tourism and the less Developed World: Issues and Case Studies (pp. 1-22). Wallingford:
CAB International.
Ivanov, S., & Webster, C. (2013). Globalization as a driver of destination competitiveness. Annals
of Tourism Research, 43: 628–633.
Kayar, C. H., & Kozak, N. (2007). Measuring destination competitiveness: an application of the
travel and tourism competitiveness index. Journal of Hospitality Marketing and Management,
19(3): 203–216.
Kester, J., & Croce, V. (2011). Tourism development in advanced and emerging economies: what
does the travel & tourism competitiveness index tell us? In J. Blanke & T. Chiesa (Eds.),
The Travel & Tourism Competitiveness Report - Beyond The Downturn (pp. 45-52). Geneva:
World Economic Forum.
Krstic, B., Jovanovic, S., Jankovic-Milic, V., & Stanisic, T. (2016). Examination of travel and
tourism competitiveness contribution to national economy competitiveness of sub-Saharan
Africa countries. Development Southern Africa, 33(4): 470–485.
Li, G., Song, H., & Witt, S. F. (2004). Modelling tourism demand: a dynamic linear AIDS approach.
Journal of Travel Research, 43: 141-150.
Li, G., Song, H., & Witt, S. F. (2005). Recent developments in econometric modeling and forecasting.
Journal of Travel Research, 44: 82–99.
Lim, C. (2006). A survey of tourism demand modelling practice: Issues and implications. In L.
Dwyer & P. Forsyth (Eds.), International Handbook on the Economics of Tourism (pp. 45-
72). Cheltenham, UK: Edward Elgar Publishing.
Lipsey, R. G. (2009). An Introduction to Positive Economics (7th ed.). Oxford: Oxford University
Press.
Mangion, M., Durbarry, R., & Sinclair, M. T. (2005). Tourism competitiveness: price and quality.
Tourism Economics, 11(1): 45-68.
Mowforth, M., & Munt, I. (2009). Tourism and Sustainability: Development, Globalisation and
New Tourism in the Third World (3rd ed.). London: Routledge.
Muchapondwa, E., & Pimhidzai, O. (2011). Modelling international tourism demand for Zimbabwe.
International Journal of Business and Social Science, 2(2): 71-81.
Petrović, J., Milićević, S., & Djeri, L. (2017). The information and communications technology
as a factor of destination competitiveness in transition countries in European Union. Tourism
Economics, 23(6): 1353-1361.
Plessis, E., & Saayman, M. (2018). Aspects contributing to tourism price competitiveness of
South Africa. Tourism Economics, 24(2): 146-156.
Ritchie, J. R. B., & Crouch, G. I. (2003). The Competitive Destination: A Sustainable Tourism
Perspective. Wallingford: CABI Publishing.
​Seo, J. H., Park, S. Y., & Yu, L. (2009). The analysis of the relationships of Korean outbound
tourism demand: Jeju Island and three international destinations. Tourism Management,
30(4): 530–543.
Sharpley, R., & Telfer, D. J. (2008). Tourism and Development in the Developing World. London:
Routledge.
Song, H., & Li, G. (2008). Tourism demand modelling and forecasting - a review of recent research.
Tourism Management, 29(2): 203–220.
Song, H., & Turner, L. (2006). Tourism demand forecasting. In L. Dwyer & P. Forsyth (Eds.),
International Handbook on the Economics of Tourism (pp. 89-114). Cheltenham: Edward
Elgar.
Song, H., & Witt, S. F. (2000). Tourism Demand Modelling and Forecasting: Modern Econometrics
Approaches. Cambridge, UK: Pergamon.
WEF (2007). The Travel and Tourism Competitiveness Report: Furthering the Process of Economic
Development. Geneva: World Economic Forum. Available at: http://citeseerx.ist.
psu.edu/viewdoc/download?doi=10.1.1.178.3367&rep=rep1&type=pdf (accessed 15 January
2018).
WEF (2008). The Travel and Tourism Competitiveness Report: Balancing Economic Development
and Environmental Sustainability. Geneva: World Economic Forum. Available at:
https://www.ub.unibas.ch/digi/a125/sachdok/2014/BAU_1_6306075.pdf (accessed 15 January
2018).
WEF (2009). The Travel and Tourism Competitiveness Report: Managing in a Time of Turbulence.
Geneva: World Economic Forum. Available at: http://www.ontit.it/opencms/export/
sites/default/ont/it/documenti/files/ONT_2009-03-04_02101.pdf (accessed 15 January
2018).
WEF (2011). The Travel and Tourism Competitiveness Report: Beyond the Downturn. Geneva:
World Economic Forum. Available at: http://www3.weforum.org/docs/TTCR11/ (accessed
15 January 2018).
WEF (2013). The Travel and Tourism Competitiveness Report: Reducing Barriers to Economic
Growth and Job Creation. Geneva: World Economic Forum. Available at: http://www3.
weforum.org/docs/WEF_TT_Competitiveness_Report_2013.pdf (accessed 15 January
2018).
WEF (2015). Travel & Tourism Competitiveness Report - Growing through Shocks. Available
at: http://www3.weforum.org/docs/TT15/WEF_Global_Travel&Tourism_Report_2015.pdf
(accessed 15 January 2018).
WEF (2017). The Travel and Tourism Competitiveness Report - Paving the way for a more sustainable
and inclusive future. Geneva: World Economic Forum. Available at: http://www3.
weforum.org/docs/WEF_TTCR_2017_web_0401.pdf (accessed 15 January 2018).
4th_international_thematic_monograph_2019_pp._169-182.pdf
File Size: 850 kb
File Type: pdf
Download File


Picture
Association of Economists and Managers of the Balkans
- UdEkoM Balkan -
179 Ustanicka St, 11000 Belgrade, Republic of Serbia
E-mail: office@udekom.org.rs
www.udekom.org.rs
Tel. +381 62 812 5779
VAT number: 108747027
Registration number.: 28157347
© COPYRIGHT 2014-2023. ALL RIGHTS RESERVED.
  • Početna
  • O nama
    • Ciljevi
    • Organi >
      • Skupština
      • Upravni odbor
      • Savet
    • Aktivnosti
    • Partneri
    • Statut
  • Članstvo
    • Pristupnica
    • Procedura učlanjenja
    • Visina članarine
    • Članovi
  • Konferencije
    • EMAN
    • LIMEN
    • ERAZ
    • ITEMA
  • Seminari
  • Kontakt
  • Balkans JETSS