7th International Thematic Monograph – Modern Management Tools and Economy of Tourism Sector in Present Era

Tourism Direct GDP in the Nordic Countries

Vesna D. Jablanovic –   University of Belgrade, Faculty of Agriculture, Nemanjina 6, 11081 Belgrade, Serbia
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DOI:   https://doi.org/10.31410/tmt.2022-2023.51​
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7th International Thematic Monograph –   Modern Management Tools and Economy of Tourism Sector in Present Era, Belgrade, 2022/2023,   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   978-86-80194-56-1 ;  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:    This paper examines the stability of tourism’s total contribution to the gross domestic product. This indicator is measured as a percentage of total GDP. The basic aim of this paper is to create a relatively simple chaotic growth model of tourism’s total contribution to the gross domestic product. Also, this paper examines the relationship between tourism and the gross domestic product in the Nordic countries. This paper confirms the existence of the growing stability of tourism contribution to GDP in the Nordic coun­tries in the observed periods. 

Keywords:   Tourism; GDP; Nordic Countries; Growth; Stability; Chaos

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