Abstract
The aim of this research is to explore tourism development impact on the economy of Azerbaijan. International tourism as a source of both direct and indirect incomes of the state encourages the development of different sectors not specific to the tourism infrastructure, but through the multiplier effect. In this context, the authors analyze the impact of tourism on employment in Azerbaijan and calculate the indirect impact of tourism on the economy of Azerbaijan due to the multiplier effect. The development of tourism in Azerbaijan is constrained by a number of factors, some of which have been analyzed in the paper. Moreover, based on some of the models and data available in Azerbaijan tourism statistics, the authors assess the indirect impact of tourism on the economy in a long term. The results can be used to assess the overall impact of tourism on the economy of the state; to forecast the development of the tourism industry; to forecast the development of related industries; to assess indirect effects of tourism on the growth of population welfare; to forecast the dynamics of change and the efficient use of labour resources; to develop an investment industry strategy; to develop an effective system of taxation, etc.. The following research methods were used: content analysis of tourism development documents, statistical data analysis; comparative analysis, synthesis, abstract and logical construction methods for studying tourism development opportunities.
Highlights
Rich historical, cultural, and natural heritage in Azerbaijan attracts tourists from all over the world
Azerbaijan is characterized by wilderness, a rich flora and fauna, numerous sources of minerals, ancient architecture, a kind of national culture and national cuisine, geological monuments like mud volcanoes, deep gorges, waterfalls
It is an area with 11 climate zones, where you can relax in all seasons
Summary
Cultural, and natural heritage in Azerbaijan attracts tourists from all over the world. Azerbaijan is characterized by wilderness, a rich flora and fauna, numerous sources of minerals, ancient architecture, a kind of national culture and national cuisine, geological monuments like mud volcanoes, deep gorges, waterfalls. It is an area with 11 climate zones, where you can relax in all seasons. Azerbaijan has great potential for tourism development with its rich historical and cultural heritage, natural resources. These resources are the factors of the further development of tourism. To avoid inconsistencies associated with the use of different reference periods, the ILO-Comparable statistics are adjusted and expressed in terms of annual averages (IX ILO-Comparable..., 2012)
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