Differences in tourism receipts between Mexico and other countries

Over the past six decades, tourism has become one of the largest and fastest-growing economic sectors in the world. It is considered to be a key driver of socio-economic progress through the creation of jobs and enterprises, and infrastructure development. The aim of the paper is to determine the influence of particular factors on the diversity of the selected countries in terms of the value of international tourism receipts. Two factors affecting the value of those receipts have been analysed in the paper: 1) the volume of international tourist arrivals and 2) the average spending made by one tourist. Logarithmic method was used to assess the influence of the deviations of the said factors on the deviation of the value of the total annual tourism receipts. Forty six countries – including Mexico – have been examined. Data for 2012, 2013 and 2014 have been used for calculations.