Tourism flows from the Russian Federation to the European Union
In the last 20 years, the development of the Russian tourism industry has resulted in a dramatic change in the growth of the number of trips made by Russian citizens abroad, including tourist trips to the European Union (EU) countries; however, there is little research concerning outbound tourism from Russia. This study analyses the current trends in tourism flows from Russia to the EU countries. In order to elucidate the factors that determine the observed trends and changes in intensity of tourism flows, an econometric model of outbound flows of Russian tourists to the EU countries is estimated. Next, tourism flows in the short-term perspective are forecasted.