of economies in that region. Using a Solow-type growth model and panel data for the period 1991 to 2011, we find that …

We consider the relationship between tourism and economic growth for Latin American countries since 1985 until 1998 …. The analysis proposed is based on a panel data approach and the Arellano-Bond estimator for dynamic panels. We obtain … variables. We show that the tourism sector is adequate for the economic growth of medium or low-income countries, though not …

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 …

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 …

, accounting for the effect via investment. Pooled panel results for a sample of 25 Sub-Saharan African countries over the period …