More documents from Sequeira, Tiago Neves; Nunes, Paulo Maças
More documents from Applied Economics

Export to your Reference Manger

Please Copy & Paste



Bookmark and Share

Does Tourism Influence Economic Growth? A Dynamic Panel Data Approach

[journal article]

Sequeira, Tiago Neves; Nunes, Paulo Maças

fulltextDownloadDownload full text

(320 KByte)

Citation Suggestion

Please use the following Persistent Identifier (PID) to cite this document:

Further Details
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.
Document language English
Publication Year 2008
Page/Pages p. 2431-2441
Journal Applied Economics, 40 (2008) 18
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)