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Does Tourism Influence Economic Growth? A Dynamic Panel Data Approach
[Zeitschriftenartikel]
Abstract On Average, tourism-specialized countries grow more than others. This is not consistent with the core of modern economic growth theory that suggests that economic growth is linked to sectors with high-tech intensity and large scale. In this paper, we use appropriate panel data methods to study the r... mehr
On Average, tourism-specialized countries grow more than others. This is not consistent with the core of modern economic growth theory that suggests that economic growth is linked to sectors with high-tech intensity and large scale. In this paper, we use appropriate panel data methods to study the relationship between tourism and economic growth. In general we show that tourism is a positive determinant of economic growth both in a broad sample of countries and in a sample of poor countries. However, contrary to previous contributions, tourism is not more relevant in small countries than in a general sample.... weniger
Sprache Dokument
Englisch
Publikationsjahr
2008
Seitenangabe
S. 2431-2441
Zeitschriftentitel
Applied Economics, 40 (2008) 18
DOI
https://doi.org/10.1080/00036840600949520
Status
Postprint; begutachtet (peer reviewed)
Lizenz
PEER Licence Agreement (applicable only to documents from PEER project)