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Nowadays many developing countries focus on economic policies for promoting international tourism and exports expansion … and economic growth is still ongoing. When treating the relationship between tourism and economic growth, considering … tourism as a non-traditional export few studies have been published to date. This paper has the objective to assess if exports …
Persistent link: https://www.econbiz.de/10010312651
We consider the relationship between tourism and economic growth for Latin American countries since 1985 until 1998 … variables. We show that the tourism sector is adequate for the economic growth of medium or low-income countries, though not … growth, we try to explain tourism arrivals conditional on GDP and other covariates such as safety, prices and education level …
Persistent link: https://www.econbiz.de/10011324906
This paper investigates the long run and short run relationships of monetary policy, inflation and economic growth in Pakistan using co-integration and causality analysis during the period 0f 1972-2010. A large number of empirical studies on the relationships of monetary policy and inflation are...
Persistent link: https://www.econbiz.de/10011938320
In this paper we discuss the determinants which contribute to outbound tourism expenditures. The aim is to show whether … capita income and the openness to trade on the tourism expenditures per capita as well as on the tourism expenditure per GDP … openness to tourism as countries which are able to attract high inbound tourism receipts per capita also having high outbound …
Persistent link: https://www.econbiz.de/10010266675
Using a panel vector autoregressive model this paper investigates the dynamic and endogeneous contribution of tourism … to output based on a sample of 40 African countries for the period 1990 - 2006. Results from the study confirm tourism to … main drivers. Further analysis reveals the existence of a reverse causation from national income to tourism development …
Persistent link: https://www.econbiz.de/10010280162
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth. …
Persistent link: https://www.econbiz.de/10010268707
China using the quarterly province-level panel data for the period 1999 q1 to 2007 q4. Recently developed econometric … clear support of a stable long-run relationship between housing investment, non-housing investment and GDP in China. We then … country, while the impacts of housing investment on GDP behave strikingly differently in the three sub-regions of China. …
Persistent link: https://www.econbiz.de/10010321479
Umorientierung der regionalen Akteure hin zum Tourismus und zur interkommunalen Kooperation sowie des schrittweisen Aufbaus … in order to achieve synergies for regional tourism development. On the basis of an extended actor … considered successful. Due especially to the gradual reorientation of regional actors towards tourism development and inter …
Persistent link: https://www.econbiz.de/10011480807
wirtschaftlicher Wertschöpfung (hier besonders durch den Tourismus) andererseits stehen. Dabei sind die Anforderungen und die … conservation on the one hand and economic value creation (tourism in particular) on the other. The requirements and expectations …
Persistent link: https://www.econbiz.de/10011823586
The holiday destination choice is analysed for tourists from 45 countries, representing all continents and all climates. Tourists are deterred by distance, political instability and poverty, and attracted to coasts. Tourists prefer countries with a sunny yet mild climate, shun climes that are...
Persistent link: https://www.econbiz.de/10010312467