Impact of Selected Indicators of Tourism Capacity and Performance in the Context of the Unemployment Rate in Slovakia

Matijová, M., Onuferová, E., Rigelský, E., Stanko, V. (2019). Impact of Selected Indicators of Tourism Capacity and Performance in the Context of the Unemployment Rate in Slovakia. Journal of Tourism and Services, 10(19): 1-23. https://doi.org/10.29036/jots.v10i19.95

  • Mária Matijová Faculty of Management University of Prešov in Prešov Konštantínova 16, 080 01 Prešov, Slovakia
  • Erika Onuferová Department of Finance, Faculty of Management, University of Prešov in Prešov, Konštantínova 16, 080 01 Prešov, Slovakia
  • Martin Rigelský Faculty of Management University of Prešov in Prešov Konštantínova 16, 080 01 Prešov, Slovakia
  • Vladislav Stanko Department of Marketing and International Trade, Faculty of Management, University of Prešov in Prešov, Konštantínova 16, 080 01 Prešov, Slovakia
Keywords: Tourism, Indicators of tourism performance and capacity, Rate of registered unemployment, Multiplication effect of tourism, Slovakia.

Abstract

Tourism is considered to be the largest service sector leading to a number of social and economic changes. The aim of this paper is to deduce the impacts of selected indicators of capacity and performance of tourism (such as number of accommodation facilities, number of beds, number of visitors in accommodation facilities, number of visitor’s overnight stays, average price of accommodation, and revenue of accommodation) on the socio-economic development of the national economy quantified by the rate of registered unemployment. The data were obtained from database of Statistical Office of the Slovak Republic on annually period. The analysis was carried out at the NUTS 3 level of Slovakia in the period between 2008 and 2017. Determining the extent of the impact of tourism capacity and profit potential indicators on the rate of registered unemployment in Slovakia has shown the supreme importance embodied in the average price for accommodation, confirmed by the result of the regression analysis, concluding that the unemployment rate decreases as the average price for accommodation increases. The analyses described were carried out using regression models, where the resulting relation between the price of accommodation and unemployment was conducted by using the simple linear regression. 

Author Biographies

Mária Matijová, Faculty of Management University of Prešov in Prešov Konštantínova 16, 080 01 Prešov, Slovakia

Mária Matijová is a postgraduate student of the University of Prešov in Prešov. In her dissertation she is focusing on researching determinants of development and potential of the tourism industry in the Prešov region with regard to its competitiveness and sustainable development. Currently, she is a member of the project Vega research team (VEGA: 1/0470/18 Economic Activity of Tourism in the European Area).

Erika Onuferová, Department of Finance, Faculty of Management, University of Prešov in Prešov, Konštantínova 16, 080 01 Prešov, Slovakia

Erika Onuferová is a PhD. student at the Department of Finance, Faculty of Management, University of Prešov in Prešov. Her dissertation thesis is focused on managerial approaches to improving enterprise performance and competitiveness using to streamline strategic management decision-making processes. She is currently the member of scientific projects APVV-15-0322 in cooperation with the University of Economics in Bratislava.

Martin Rigelský, Faculty of Management University of Prešov in Prešov Konštantínova 16, 080 01 Prešov, Slovakia

Martin Rigelský is a PhD. student at the Department of Department of Marketing and International Trade, Faculty of Management, University of Prešov in Prešov. His Dissertation thesis and research activities are focused on services sector with a primary focused on the client behavior. Research activities have been centralized to health, tourism and service marketing in general. He is a member of research teams of several grant projects, where the most important is APVV-17-0166 "Economic and Psychological Factors of Tourists' Expenditures: Microeconometric Modeling".

Vladislav Stanko, Department of Marketing and International Trade, Faculty of Management, University of Prešov in Prešov, Konštantínova 16, 080 01 Prešov, Slovakia

Vladislav Stanko is a postgraduate student of the University of Prešov in Prešov at the Department of Department of Marketing and International Trade, Faculty of Management. Research activities have been centralized to tourism and service, marketing and marketing services in general.

Published
2019-07-30