Journal of Applied Economic Research
ISSN 2712-7435
Financial Receipts from the International Tourism in Russia: Comparative Analysis, Problems and Ways of Their Solution
Yashalova N.N., Zubrilina O.A., Ponedelnik A.A., Latushko N.A., Ruban D.A.
Abstract
For many countries, international tourism has become an important source of foreign currency income. In the present investigation, the authors analyze the place of <st1:country-region w:st="on"><st1:place w:st="on">Russia</st1:place></st1:country-region> among some other countries by comparing income from inbound tourism. The research issues are international tourist services and the resulting monetary income. The objective of the article is the analysis of income from international tourism in the socio-economical aspect in <st1:country-region w:st="on"><st1:place w:st="on">Russia</st1:place></st1:country-region> and the world, as well as the formulation of recommendations for increasing tourism-related income. For the purposes of the comparative analysis of the financial receipts from international tourism in different countries, some indicators are employed on the basis of up-to-date statistical information. The authors' method is based on these key indicators that enable one evaluate the volume of the income from international tourism per capita with and without purchasing power parity taken into account. The results of this work demonstrate strong differentiation of the countries by financial income from international tourism. In <st1:country-region w:st="on"><st1:place w:st="on">Russia</st1:place></st1:country-region>, the income amounted to 132,69 USD per capita (purchasing power parity accounted), which is 6,8 times lower than the average value of the indicator calculated for ~50 other countries. In order to change this negative situation, it is necessary to increase international arrivals of foreign tourists to the Russian regions. The authors have detected the key problems restricting inbound trips to <st1:country-region w:st="on"><st1:place w:st="on">Russia</st1:place></st1:country-region> and proposed approaches to solving them. The elaborated recommendations can be used for the development of strategic documents aimed at the development of inbound tourism at a regional level, as well as at a federal level, which will make it possible to increase the income from the international tourism activities.
Keywords
budget receipts; state governance; purchasing power parity; socio-economical effect; tourist destination.
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About Authors
Yashalova Natalia Nikolaevna – Doctor of Economics, Associate Professor, Head of Department of Economics and Management, Business-School, Cherepovets State University, Cherepovets, Russia (162600, Vologda Region, Cherepovets, Sovetskiy Avenue, 10); e-mail: natalij2005@mail.ru.
Zubrilina Olesya Aleksandrovna – student, Higher School of Business, Southern Federal University, Rostov-on-Don, Russia (344019, Rostov-on-Don, 23-ja linija Street 43); e-mail: willy.wonka0@mail.ru.
Ponedelnik Alena Aleksandrovna – master student, Higher School of Business, Southern Federal University, Rostov-on-Don, Russia (344019, Rostov-on-Don, 23-ja linija Street, 43); e-mail: alponedelnik@yandex.ru.
Latushko Natalia Aleksandrovna – Candidate of Economical Sciences, Associate Professor, Vice-Director of Education, Higher School of Business, Institute of Sociology and Regional Studies, Southern Federal University, Rostov-on-Don, Russia (344019, Rostov-on-Don, 23-ja linija Street, 43); e-mail: nlatushko@yandex.ru.
Ruban Dmitry Aleksandrovitch – Philosophiae Doctor, Candidate of Geological-Mineralogical Sciences, Associate Professor, Higher School of Business, Southern Federal University, Rostov-on-Don, Russia (344019, Rostov-on-Don, 23-ja Linija Street, 43); e-mail: ruban-d@mail.ru.
For citation
Yashalova N.N., Zubrilina O.A., Ponedelnik A.A., Latushko N.A., Ruban D.A. Financial Receipts from the International Tourism in Russia: Comparative Analysis, Problems and Ways of Their Solution. Bulletin of Ural <st1:place w:st="on"><st1:placename w:st="on">Federal</st1:placename> <st1:placetype w:st="on">University</st1:placetype></st1:place>. Series Economics and Management, 2018, Vol. 17, No. 2, 200–223. DOI: 10.15826/vestnik.2018.17.2.009.
Article info
Received January 24, 2018; Accepted February 22, 2018.
DOI: http://dx.doi.org/10.15826/vestnik.2018.17.2.009
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