CAPITAL AND INVESTMENTS IN COMPANIES IN TOURISM AND HOSPITALITY IN THE REPUBLIC OF MACEDONIA

Gogoski, Risto and Naumov, Kliment (2018) CAPITAL AND INVESTMENTS IN COMPANIES IN TOURISM AND HOSPITALITY IN THE REPUBLIC OF MACEDONIA. In: III International Scientific Conference TOURISM IN FUNCTION OF DEVELOPMENT OF THE REPUBLIC OF SERBIA - Тourism in the Era of Digital Transformation, which will take place in Vrnjačka Banja, Serbia, from 31st May to 2nd of June 2018..

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Abstract

When talking about economic growth, economists emphasize the need to increase equity. The neoclassical model theory explains that capital stock is very important. In the case of the Republic of Macedonia, due to a number of statistical and methodological issues, capital and investments will be presented with the part of the companies classified as accommodation and food service activities. First is analyzed the significance of capital goods for tourism and food service companies. Additionally are being explored the investments in fixed capital of the accommodation and food service companies in Macedonia. Lastly, are analyzed the situation and trends in bank loans to accommodation and food service companies. There is an attempt to make proposals for improvement of the conditions of investments and commercial loans in the tourism and hospitality activities. They are a potential opportunity for capital and technological improvement of companies’ business, their growth, development, employment and productivity and indirectly GDP growth of the Republic of Macedonia. Key words: accommodation and food services activities, capital, gross fixed capital formation, credit exposure, investment, financing.

Item Type: Conference or Workshop Item (Paper)
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Tourism and Hospitality
Depositing User: Mr Bojan Sekulovski
Date Deposited: 31 May 2018 07:58
Last Modified: 13 May 2019 08:36
URI: http://eprints.uklo.edu.mk/id/eprint/1127

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