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 be an important ingredient of African development...

By applying threshold analysis and quantile regression techniques, we investigate the linearity of the relationship between tourism receipts and economic growth. We find that a threshold exists, below and above which the relationship between tourism receipts and economic growth changes. In our...