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The UK and US tobacco industries provide a particularly clean place to examine the impact of changes in market structure on firm conduct and productivity in a rapidly innovating industry. Although each industry had roughly equal access to new manufacturing technologies, the industries were...
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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 a socio-economic phenomenon exerting considerable economic, social and political impact, thus securing … was the year when one of the surveyed countries initiated EU accession negotiations, and tourism sector contribution to …. EU integration process has had a positive bearing on tourism movements in the surveyed countries. The panel regression …
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