Boosting domestic demand as a driving force of economic growth (on the example of domestic tourism sphere)

Changing structural proportions manifested in the narrowing of domestic demand for goods and services is a trend in modern development of the Russian economy, which experiences an impact of a system-wide economic crisis and the current foreign policy and foreign economic situation. This leads to underconsumption of goods and services, and thus to a reduction of incentives for enterprises to increase production. Meanwhile, stimulation of domestic consumer demand can be considered as a factor capable of ensuring economic growth. In this regard, there is a need for scientific substantiation of measures to promote domestic demand, which in the current economic conditions can change the structural relationships and thus ensure economic growth. In our study, an attempt is made to calculate the potential economic effect of stimulating Russian citizens' consumption of goods and services produced by domestic tourism sector. General scientific methods such as analysis, synthesis, comparison, generalization and original methodological tools based on input-output models are used as a methodological basis of the study...