Tourism and Growth in European Countries: An Application of Likelihood-Based Panel Cointegration

The tourism and economic growth relationship is investigated for a panel of European countries over the period 1988–2010. The results reveal that the variables contain a panel unit root and they cointegrate in a panel perspective. The findings show that tourism enhance economic growth for some countries in the sample.

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Year of publication:	2010-05-15
Authors:	Mello-Sampayo, Felipa de ; Sousa-Vale, Sofia de
Institutions:	Unidade de Investigação em Desenvolvimento Empresarial (UNIDE), Business School
Subject:	Tourism \| Economic growth \| Rank tests \| Panel unit root tests \| Panel cointegration

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Extent:	application/pdf
Series:	Working Papers Series 1.
Type of publication:	Book / Working Paper
Notes:	Number ercwp0510 21 pages
Classification:	F43 - Economic Growth of Open Economies ; C33 - Models with Panel Data ; L83 - Sports; Gambling; Recreation; Tourism
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010561662