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%T Does Tourism Influence Economic Growth? A Dynamic Panel Data Approach
%A Sequeira, Tiago Neves
%A Nunes, Paulo Maças
%J Applied Economics
%N 18
%P 2431-2441
%V 40
%D 2008
%= 2011-04-01T04:13:00Z
%~ http://www.peerproject.eu/
%> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-241390
%X 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.
%G en
%9 journal article
%W GESIS - http://www.gesis.org
%~ SSOAR - http://www.ssoar.info