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Tourism is one of the most important factors in the productivity of the Greek economy with significant multiplier … growth and tourism expenditure using a trivariate model with real effective exchange rate, analysed as a whole and in sub …-run equilibrium relationships and unidirectional causal relationship is reported from tourism expenditure to real output in the short …
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This research aims to forecast future economic and environmental growth for the next 16 years (2020-2035) according to the government’s strategic framework by applying the second order autoregressive-structural equation model (second order autoregressive-SEM). The model is validated by various...
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