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Tourism and related recreation activities play a significant role in the generation of income / foreign exchange and … provision of employment opportunities. Against this backdrop, this paper aims at ascertaining empirically the impact of tourism … variables, it recommends that the role of tourism cannot be over-emphasized in the sustainable economic development in West …
Persistent link: https://www.econbiz.de/10008680999
tourism and long-term economic growth. These studies have employed a variety of methodologies, models such as VAR, VECM, ARDL … Granger causality. This work shows that in the cases reviewed there is strong empirical evidence for the hypothesis of tourism …. Additionally, the study shows that the values of the elasticity of economic growth from tourism are significant different between …
Persistent link: https://www.econbiz.de/10011260426
This paper studies the relationships between tourism and economic growth through a dynamic model showing how the time … preference affect the investment in a economic sector based on natural resources as tourism. Assuming extreme values, it is …
Persistent link: https://www.econbiz.de/10009647251
tourist, trade and economic growth. Although tourism is one of the major components in the trade of services, and it has been … certified by large number of literatures on the strong correlation between tourism industry and economic development, yet not …-relationship between economic development, total trade (import and export) and number of tourist arrival for Malaysia and her major tourism …
Persistent link: https://www.econbiz.de/10008583572
Many studies have shown the importance of tourism industry in enhancing trade performance and economic development …. This study examines the hypothesis of ‘economic-driven’ tourism growth in Malaysia by using econometric modelling. To … generate the empirical analysis, this study used data from 1980-2007 to analyze the economic-driven tourism growth by using …
Persistent link: https://www.econbiz.de/10008680977
In this paper, we try to study globalisation between theories and facts by stressing the perverse effects of social, economic and political aspects. In other words we study the relation between globalisation and economic growth. Our empirical study is based on a dynamic panel model for an...
Persistent link: https://www.econbiz.de/10011267895
In the context of rising government debt levels in advanced economies and the ongoing euro zone debt crisis, there has been a revival of academic and policy debate on the impact of growing government debt on economic growth. This data-rich study offers an econometric investigation of the...
Persistent link: https://www.econbiz.de/10011272691
The rising government debt levels in the aftermath of global financial crisis and the ongoing euro zone debt crisis have necessitated the revival of the academic and policy debate on the impact of growing debt levels on growth. This study provides a data–rich analysis of the dynamics of...
Persistent link: https://www.econbiz.de/10011272700
The economic literature emphasizes the existence of a debate having milked with the impact of the monetary policy on the economic activity. At the beginning of the years 1990, the monetary policy of the countries of the CEMAC knew significant reforms which aimed at conferring to him of advantage...
Persistent link: https://www.econbiz.de/10011258720
The inverted-U shaped relationship between environment and economic growth has been well established in the environmental Kuznets curve (EKC) literature for several local air pollutants, such as suspended particulate matter. Very few studies, however, tested the EKC relationship for biomass...
Persistent link: https://www.econbiz.de/10011259444