Tourism and economic growth of Azerbaijan: linkages and impacts

The article deals with the relationship between tourism and economic growth in Azerbaijan. The theoretical bases of economic growth of the country and tourism are considered, and the question of dependence of GDP of the country on development of the tourism sector is studied. The issue of tourism po...

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Main Author: Saadat Gandilova PhD
Format: Article
Language:English
Published: AfricaJournals 2020-03-01
Series:African Journal of Hospitality, Tourism and Leisure
Subjects:
Online Access:https://www.ajhtl.com/uploads/7/1/6/3/7163688/article_20_vol_9_2__2020_azerbaijan.pdf
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spelling doaj-6153868837bf419f8d2baeba01c4a24b2020-11-25T01:14:50ZengAfricaJournalsAfrican Journal of Hospitality, Tourism and Leisure2223-814X2020-03-0192Tourism and economic growth of Azerbaijan: linkages and impacts Saadat Gandilova PhD0Department of Management Azerbaijan State University of Economics (UNEC), Azerbaijan The article deals with the relationship between tourism and economic growth in Azerbaijan. The theoretical bases of economic growth of the country and tourism are considered, and the question of dependence of GDP of the country on development of the tourism sector is studied. The issue of tourism potential of Azerbaijan and the degree of tourism development in the country was also looked at. The impact of economic growth indicators such as gross domestic product and gross national income on international tourism revenues was analyzed. The analysis of the relationship and impact of indicators were based on the correlation and regression method. Statistically significant pair models of interrelation, suitable for forecasting, were obtained. https://www.ajhtl.com/uploads/7/1/6/3/7163688/article_20_vol_9_2__2020_azerbaijan.pdfazerbaijantourismeconomic growtheconometric analysiscorrelationregression
collection DOAJ
language English
format Article
sources DOAJ
author Saadat Gandilova PhD
spellingShingle Saadat Gandilova PhD
Tourism and economic growth of Azerbaijan: linkages and impacts
African Journal of Hospitality, Tourism and Leisure
azerbaijan
tourism
economic growth
econometric analysis
correlation
regression
author_facet Saadat Gandilova PhD
author_sort Saadat Gandilova PhD
title Tourism and economic growth of Azerbaijan: linkages and impacts
title_short Tourism and economic growth of Azerbaijan: linkages and impacts
title_full Tourism and economic growth of Azerbaijan: linkages and impacts
title_fullStr Tourism and economic growth of Azerbaijan: linkages and impacts
title_full_unstemmed Tourism and economic growth of Azerbaijan: linkages and impacts
title_sort tourism and economic growth of azerbaijan: linkages and impacts
publisher AfricaJournals
series African Journal of Hospitality, Tourism and Leisure
issn 2223-814X
publishDate 2020-03-01
description The article deals with the relationship between tourism and economic growth in Azerbaijan. The theoretical bases of economic growth of the country and tourism are considered, and the question of dependence of GDP of the country on development of the tourism sector is studied. The issue of tourism potential of Azerbaijan and the degree of tourism development in the country was also looked at. The impact of economic growth indicators such as gross domestic product and gross national income on international tourism revenues was analyzed. The analysis of the relationship and impact of indicators were based on the correlation and regression method. Statistically significant pair models of interrelation, suitable for forecasting, were obtained.
topic azerbaijan
tourism
economic growth
econometric analysis
correlation
regression
url https://www.ajhtl.com/uploads/7/1/6/3/7163688/article_20_vol_9_2__2020_azerbaijan.pdf
work_keys_str_mv AT saadatgandilovaphd tourismandeconomicgrowthofazerbaijanlinkagesandimpacts
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