The Contribution of the International Tourism to Employment Growth in Greece

Abstract

The article analyzes the direct impact of factors on employment in the context of the three sectors directly related to the tourism sector in Greece (air transport, hotels and restaurants, leisure sector) with the regression and correlation analysis. The regression models take into account the impact of the number of nights spent by non-residents in hotels, tourism export growth, GDP growth, inflation, the dynamics of the real effective exchange rate, the increase in expenditures on tourism by the EU citizens. Indirect impact of international tourism on employment in other sectors is estimated as well.