INVESTIGATING TOURISM SEASONALITY IN MACEDONIA

Journal Title: UTMS Journal of Economics - Year 2013, Vol 4, Issue 1

Abstract

The main aim of the paper is to make an empirical investigation on tourism seasonality. Moreover, the research examines seasonal patterns in tourism in terms of tourist arrivals. In this line, the case of Macedonia is studied by employing the Gini coefficient and Seasonality Indicator, thus covering a time-frame of past two decades. The results reject the research hypothesis and point to conclusion of having low seasonality in tourism. Hence, this empirical evidence confirm that tourism flow distribution or concentration is not significant to tourism development. The contribution of this paper lies in the fact that disentangles the belief of having strong and notable high season during summer months. Additionally, this research may serve as a starting point for urging measures and activities for enhancing the up-to-date modest tourism development in Macedonia.

Authors and Affiliations

Biljana Petrevska

Keywords

Related Articles

TIME SERIES FORECASTING USING A MOVING AVERAGE MODEL FOR EXTRAPOLATION OF NUMBER OF TOURIST

Time series is a collection of observations made at regular time intervals and its analysis refers to problems in correlations among successive observations. Time series analysis is applied in all areas of statistics but...

PUBLIC RELATION BASED MODEL OF INTEGRATED MARKETING COMMUNICATIONS

The marketing communications industry and theory are facing rapid changes in accordance with global business and society fluctuations. Global and local market conditions are constantly varying and thus creating hardly pr...

THE PERFORMANCE OF MINIMUM VARIANCE PORTFOLIOS IN THE CROATIAN TOURISM SECTOR

Croatian economy is largely dependent on tourism, the direct contribution of travel and tourism to GDP is 10.7%, while total contribution amounts 24.7%, tourism has great impact on employment also. Since tourism is one o...

TECHNIQUES FOR MANAGING PROJECTS RISK IN CAPITAL BUDGETING PROCESS

The paper examines capital budgeting process and techniques of risk analysis in the process of selecting optimal project. Corporate manager in process of capital budgeting uses numerous techniques some of them are based...

LIMITING FACTORS FOR THE DEVELOPMENT OF THE SERBIAN HOSPITALITY INDUSTRY

Heterogeneity and complexity determine multidisciplinary approach to the hospitality research. Identification and analysis of limited hospitality development factors imply very complex scientific approach. Case study met...

Download PDF file
  • EP ID EP273911
  • DOI -
  • Views 123
  • Downloads 0

How To Cite

Biljana Petrevska (2013). INVESTIGATING TOURISM SEASONALITY IN MACEDONIA. UTMS Journal of Economics, 4(1), 37-44. https://europub.co.uk/articles/-A-273911