Assessing the tourism efficiency in the Caspian Sea region
Nurmatov R. Nanovsky S. Fernandez Lopez X.L. Coto Millan P.P. Paz Saavedra D.
2025Routledge
International Journal of Water Resources Development
2025#41Issue 1204 - 221 pp.
This research studies the operational effectiveness of the tourism industry in the Caspian regions of Kazakhstan, Russia and Azerbaijan during the 2003–2022 period, with a particular emphasis on the impact of the recent crises (COVID-19, Ukrainian war). To this end, the paper uses the data envelopment analysis meta-frontier model, the Simar and Wilson regression and the autoregressive integrated moving average (ARIMA) forecasting technique. The findings indicate significant disparities in tourism regional performance, with Kazakhstan and Azerbaijan particularly affected by the pandemic and the Ukrainian War. Forecasts indicate potential growth in the tourism industry of the Republic of Kalmykia, Russia, contingent on specific conditions.
Caspian Sea , Covid-19 , DEA , decent work and economic growth , efficiency , tourism
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Department of Economics, University of Cantabria, Santander, Spain
GSPP, Nazarbayev University, Astana, Kazakhstan
Department of Economics
GSPP
10 лет помогаем публиковать статьи Международный издатель
Книга Публикация научной статьи Волощук 2026 Book Publication of a scientific article 2026