Abstract [eng] |
JUŠKELIS, Paulius. (2007) EU Structural Funding for Lithuanian Incoming Tourism Sector. Evaluation of Impact. MBA Graduation Paper. Kaunas: Kaunas Faculty of Humanities, Vilnius University. 65 p SUMMARY KEYWORDS: European Union structural funding, economic impact evaluation, incoming tourism. Lithuania joined the EU in 2004 and received a right for EU structural funding. Incoming tourism is one of the subsidized sectors. Although Lithuania possesses high natural and cultural resources, incoming tourism sector is not developed enough yet. The new financial instrument is a good possibility. In order to prove effectiveness of the investment, there is a need for consecutive evaluation of an economic impact. Today no unified incoming tourism economic impact evaluation model is used. As a result it is difficult to compare investment effectiveness into different sectors, substantiate their need to the society, check if the results were reached. Object of the research – an economic impact of investment into incoming tourism. An impact on trade balance and gross national product, labor market, national budget is analyzed. Period of the research – year 2005 to year 2009. The first chapter analyses the situation of Lithuanian incoming tourism sector. The importance for the economy, possibilities and problems are analyzed. The possibilities of investment are also reviewed. The second chapter is devoted to analysis of tourism impact on economy. An impact on trade balance, gross domestic product, labor market and national budget is analyzed. Various methodologies of calculating economic impact of tourism are also presented. A new consecutive impact evaluation model is presented. The third chapter contains new model based evaluation of EU structural funding for Lithuania’s incoming tourism sector. The impact on trade balance, gross domestic product, labor market and national budget for the year 2005-2009 is analyzed. The study ends up with the conclusion. The study contains 19 tables, 11 pictures. Number of pages – 65. |