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On average, tourism-specialized countries grow more than others. This fact is inconsistent with economic theory as, in … thus high productivity; (2) large scale. In this paper, we use panel data methods to go further in treating the endogeneity … problem. In general and contrary to previous works, we conclude that tourism, on its own, cannot explain the higher growth …
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neutrality and zero pollution through tourism developments and promotion of economic well-being of regions. This study … empirically investigates the dynamic linkages among tourism developments and emission while controlling for the influence of … economic growth, trade, energy demand under the framework of Panel Autoregressive Distributed Lag (PARDL) using the top 12 …
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In this study, the linkage between tourism activity and economic development in 21 European countries is analyzed. The … if there is a long-run connection between tourism activity and the development of the economy by applying a multivariate … model. For this purpose, generalized method of moments (GMM) and Granger causality tests are applied within a panel data …
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. EU integration process has had a positive bearing on tourism movements in the surveyed countries. The panel regression …Tourism is a socio-economic phenomenon exerting considerable economic, social and political impact, thus securing … was the year when one of the surveyed countries initiated EU accession negotiations, and tourism sector contribution to …
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