Ina PAGRIA, Aurora HOXHA & Mirjeta SULA
Basing on the fact that tourism is one of the most important sectors that contributes to the growth of economic activity all over the world we decided to consider and appreciate the impact of this industry in four countries: Albania, Montenegro, Macedonia, Kosovo and Croatia. Certainly from all categories of tourist impacts, economic impacts have the greatest importance for overall development. Tourism development creates economic and cost benefits from country to country and from region to region. This is mainly attributed to the different economic structures of the countries or regions of tourist destinations and their geographic position. The most common difference used is between developed and developing countries / regions. Characteristics of developing countries are low income, unequal distribution of income and wealth, high unemployment, low level of industry development, large dependency of the economy from the agricultural sector profits, from exports and high level of foreign ownership in industry and service delivery businesses. But in the case of our country, Montenegro, Macedonia, Kosovo and Croatia, after considering many literatures because of many limitations, we will use the Vector Autoregressive (VAR) method and the Granger test to see the impact direction.