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Does Tourism Influence Economic Growth? A Dynamic Panel Data Approach

[Zeitschriftenartikel]

Sequeira, Tiago Neves; Nunes, Paulo Maças

Zitationshinweis

Bitte beziehen Sie sich beim Zitieren dieses Dokumentes immer auf folgenden Persistent Identifier (PID):http://nbn-resolving.de/urn:nbn:de:0168-ssoar-241390

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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 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.
Sprache Dokument Englisch
Publikationsjahr 2008
Seitenangabe S. 2431-2441
Zeitschriftentitel Applied Economics, 40 (2008) 18
DOI http://dx.doi.org/10.1080/00036840600949520
Status Postprint; begutachtet (peer reviewed)
Lizenz PEER Licence Agreement (applicable only to documents from PEER project)
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