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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 … framework. The results reveal that tourism contributes significantly to European countries' economic growth. Furthermore …
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Tourism is considered as one of the strongest determinants of economic growth and it has its multifaceted impacts on … the economy of the host country. This paper aims to identify the tourism led growth hypothesis for a panel of Asian and … Pedroni cointegration approach has been utilized to check the relationship among tourism growth and economic growth. The …
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investigate the time-varying relationship between tourism and economic growth in selected European countries. Overall, the … findings suggest that (i) the tourism-economy relationship is not stable over time in terms of both its magnitude and direction … between the tourism sector and the economy is more apparent to Cyprus, Greece, Portugal and Spain, which are the European …
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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 … negatively influences emissions. Second, economic growth, tourism, and energy use positively and significantly influence …
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