+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Finance and Credit
 

Developing the components of integrated model to assess the tourism potential of the region

Vol. 30, Iss. 12, DECEMBER 2024

Received: 22 July 2024

Received in revised form: 26 August 2024

Accepted: 2 September 2024

Available online: 26 December 2024

Subject Heading: INVESTING

JEL Classification: R58, Z32

Pages: 2799-2813

https://doi.org/10.24891/fc.30.12.2799

Anna L. SABININA Tula State University (TulSU), Tula, Russian Federation
sabinina-anna@yandex.ru

https://orcid.org/0000-0002-5418-6643

Nadezhda N. MAKAROVA Tula State University (TulSU), Tula, Russian Federation
nm261075@gmail.com

ORCID id: not available

Mariya V. ZHUKOVA Tula State University (TulSU), Tula, Russian Federation
zhukovamv76@mail.ru

ORCID id: not available

Zlata S. ZHURAVLEVA Uchebnyi Tsentr "5 Ballov" (Training Center "5 Quality Points"), Tula, Russian Federation
zlata2392@mail.ru

ORCID id: not available

Subject. The article considers components of integrated model for assessing the tourism potential of a region. Factors that can affect tourism development and, as a result, the regional economy, are presented as components of an integrated model, which, if necessary, can be analyzed separately.
Objectives. The aim is to develop a model to assess the tourism potential of the region for making management decisions about investing in the region's economy.
Methods. The study draws on analysis, modeling, survey methods, and the integral method.
Results. We elaborated science-based recommendations on building and improving an approach to the use by regional authorities of institutional and budgetary instruments for territorial development regulation. Its salient features are the instruments’ performance evaluation in the short and long run. The suggested approach can be used by regional authorities when developing relevant regulatory documentation, and in the financial and institutional interaction between regional and local authorities.
Conclusions. The model enables to understand strengths and weaknesses of the tourism industry in the region and further evaluate the results of investing in the region's economy. Moreover, conclusions can be made both based on a composite (integrated) indicator and on its components, which reflect the assessment results of the most important factors in the tourism industry development. Tracking the indicators over time will ensure objective monitoring of the situation in the industry, and create opportunities for comparing the indicators of the tourism sector development in different regions.

Keywords: integrated model, tourism potential, regional development

References:

  1. Rodionov D.G., Lobanova P.I., Konnikov E.A. [Tourism development management in the context of sustainable economic development]. Ekonomicheskie nauki = Economic Sciences, 2021, no. 198, pp. 115–127. (In Russ.) URL: Link
  2. Tomova Kh.B. [The service sector and its impact on the quality of life of the population]. Studencheskii, 2024, no. 1-1, pp. 60–62. (In Russ.) URL: Link
  3. Ovcharenko L.A., Kirienko O.E., Dubovskaya N.I. Razvitie vnutrennego turizma v RF kak faktor ukrepleniya regional'noi i natsional'noi ehkonomiki: ehkspertnaya otsenka i prognozy. V kn.: Sbornik nauchnykh rabot serii Ekonomika [Development of domestic tourism in the Russian Federation as a factor of strengthening the regional and national economy: Expert assessment and forecasts. In: Collection of scientific papers series Economics]. Donetsk, GOU VPO DONAUIGS Publ., 2022, iss. 26, pp. 202–212. URL: Link
  4. Makarchuk I.N., Perchuk O.V., Perchuk O. [Tourist resources and infrastructure as the important components of economic development and tourism in the region]. Ekonomicheskii vestnik universiteta, 2020, no. 45, pp. 93–99. URL: Link (In Russ.)
  5. Kuznetsova A.N. [Influence of tourism industry on the national economy]. Ekonomicheskaya sreda = Economic Environment, 2019, no. 2, pp. 79–83. (In Russ.) URL: Link
  6. Gadzhiev D.D. [The impact of tourism development on the development of the country's economy]. Internauka, 2019, no. 2-2, pp. 23–25. (In Russ.) URL: Link
  7. Kochkorbaeva M. [Tourism as an object of scientific research: Branch of economy or intersectoral complex?]. Reforma, 2022, no. 4, pp. 49–57. (In Russ.) URL: Link
  8. Kuttubaeva T.A. [The formation of tourist attractiveness as a factor of socio-economic development of municipalities]. Ekonomika i predprinimatel'stvo = Journal of Economy and Entrepreneurship, 2024, no. 1, pp. 985–989. (In Russ.) URL: Link

View all articles of issue

 

ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 30, Iss. 12
December 2024

Archive