Showing 1 - 10 of 27
This Selected Issues paper analyzes sustaining potential growth in Aruba. As in the other Caribbean countries, there are growing concerns in Aruba about the slowdown in economic growth over the past two decades and the consequent tepid outlook for potential growth. Tackling such concerns...
Persistent link: https://www.econbiz.de/10011245149
Der vorliegende Beitrag „EU-Erweiterung im Kontext zunehmender Internationalisierung: Auswirkungen auf den Tourismus … dieser Untersuchung sind auch in den TAB-Bericht "Zukunftstrends im Tourismus" eingeflossen, welcher vom Bundestagsausschuss …
Persistent link: https://www.econbiz.de/10005004042
receipts of tourism as one of the world biggest and fastest growing industries. The intention of our examination is to present … that tourism may be an important chance for economic growth in developing countries. We assume that biodiversity is an … important factor influencing the demand for tourism. In other words: a rich biodiversity provides a comparative advantage for …
Persistent link: https://www.econbiz.de/10005835236
We investigate the relationship between tourism specialization and economic growth. We deviate from previous studies … - which have reported mixed evidence - by allowing the relationship to take a nonlinear form. We find that tourism … diminishing returns set in and tourism's contribution becomes minimal. The policy lesson is that there is promise for tourism …
Persistent link: https://www.econbiz.de/10008511776
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
With the growing recognition of tourism as a source of employment generating growth in the country, improved … understanding of what tourism is, its role in the economy and its relationship to other parts of the economy is important. The … Tourism Satellite Account (TSA) is a new framework recently adopted by the United Nations Statistical Commission that provides …
Persistent link: https://www.econbiz.de/10009365257
The aim of this paper is to provide a comprehensive literature review on the temporal relationship between tourism and … investigated by assessing the so-called Tourism Led Growth Hypothesis (TLGH). To this aim, various methodological approaches have … from the existing literature, provide evidence that indeed tourism activity drives economic development in all the …
Persistent link: https://www.econbiz.de/10008679917
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
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
workers, etc.; examines developments in foreign exchange earnings due to export earnings, remittances, tourism and foreign …
Persistent link: https://www.econbiz.de/10010966814