Indicators for defining the emitting areas in tourism

• Published in: UTMS journal of economics 2018-06, Vol.9 (1), p.39-48
• Main Authors: Nakovski, Dejan, Milenkovski, Ace, Gjorgievski, Mijalce
• Format: Article
• Language: English
• Subjects: Demographics; Diaspora; Econometrics; Economics; Engle, Robert F; indicators; Middle class; Population; Statistical analysis; Stochastic models; Stock exchanges; Sustainable tourism; target groups and demographics; Tourism; Tourism development; Trends; Volatility
• ISSN: 1857-6982; 1857-6974; 1857-6982

Risk estimation or volatility estimation at financial markets, particularly stock exchange markets, is complex Tourism will continue to grow at a faster pace in the future, and it will be one of the leading businesses in the development of global prosperity and welfare but it will be heavily influenced by contemporary trends, such as; demographic trends expressed by the demographic characteristics of the population; economic trends expressed by a decline in poverty and a growth of the middle class; technological revolution and evolution; digitalization of society and tourism; modern and healthy lifestyle; political tensions; security; the threat of terror etc. When we talk about tourism the first signs can be found from the statistic indicators, which show the movement of the tourism markets and the movement of the tourists. Every area of the globe, more or less has a certain attractions that can attract tourist. The authors believe that the most important thing in the development of tourism is how to define the target groups and in which direction to move the tourist offers and destinations so they can be attractive to a certain population. The purpose of this paper will be the analysis of tourist flows in several countries from which we will define the indicators in finding emitting areas in tourism.