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5th International Thematic Monograph - Modern Management Tools and Economy of Tourism Sector in Present Era


THE CHAOTIC GROWTH MODEL: INTERNATIONAL TOURISM

Vesna D. Jablanovic
-   University of Belgrade, Faculty of Agriculture, Nemanjina 6, 11081 Belgrade, Serbia

DOI:   ​​https://doi.org/10.31410/tmt.2020.29
​
5th International Thematic Monograph -   Modern Management Tools and Economy of Tourism Sector in Present Era, Belgrade, 2020,   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 978-86-80194-42-4;   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 basic aims of this paper are: firstly, to create a relatively simple chaotic international tourism expenditure growth model that is capable of generating stable equilibria, cycles, or chaos; and secondly, to set up a relatively simple chaotic international tourism receipts growth model. This paper confirms stable growth of the international tourism receipts and expenditures in high-income countries, low & middle-income countries, lower-middle-income countries, middle-income countries, and upper-middle-income countries in the period 1995-2018.

Keywords:  Expenditure, Receipts, Tourism, Growth, Stability, Chaos.

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Jablanovic, V. (2019) The Chaotic Growth Model of the Total Consumption Visitor Expenditure: Euro Area. 4th International Thematic Monograph Modern management tools and of economy of tourism sector in present era. pp. 17-31, Association of Economists and Managers of the Balkans in cooperation with the Faculty of Tourism and Hospitality, Ohrid, North Macedonia, ISBN 978-86-
80194-29-5, DOI https://doi.org/10.31410/tmt.2019.17
Medio, A. (1996) Chaotic dynamics. Theory and applications to economics. Cambridge University Press, In: De Economist 144 (4), 695-698. Covid-19 and Tourism: Assessing the Economic Consequences (2020) United Nations Conference on Trade and Development. https://unctad.org/system/files/official-document/ditcinf2020d3_en.pdfhttps://data.worldbank.org/indicator/ST.INT.
RCPT.XP.ZS?view=chart
tmt.2020.29.pdf
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