Showing 1 - 10 of 4,845
provide information to take the necessary actions to ensure sustainable tourism development, i.e., the expansion of the … tourism industry without harming the environment in the Mediterranean countries …
Persistent link: https://www.econbiz.de/10012828020
tourism policy measures on economic growth. Based on standard growth theory, the model uniquely incorporates tourism variables … disaggregated across various dimensions of tourism policy, tourism infrastructure and human resources. Both standard growth models … and endogenous growth models are estimated. The authors find that, among a wide set of tourism policies, strengthened …
Persistent link: https://www.econbiz.de/10013046528
This study uses data covering the 2008-2014 period to analyse the qualitative developments in Greek tourism. We … conclude that the growth of Greek tourism is attributed, to a great extent, to qualitative changes, including: (1) development … of new markets; (2) better promotion of cultural tourism; (3) strong promotion of city break tourism, particularly for …
Persistent link: https://www.econbiz.de/10014080078
This paper investigates the tourism-led growth hypothesis in the case of Korea considering a possible structural break … unit root test. Adapting Granger causality test and variance decomposition, we found the relationship between tourism and … tourism receipts and GDP, respectively. Before and after structural breaks points, we found a different relationship. We also …
Persistent link: https://www.econbiz.de/10014109118
In anticipation of recovery in the tourism industry post COVID-19, this study examines the economic impact of tourism … tourism has a statistically significant positive effect on economic growth. In the linear model, the positive effect on growth … is 50 percent higher if tourism receipts relative to GDP is used as the tourism measure, instead of tourist arrivals per …
Persistent link: https://www.econbiz.de/10012606170
This paper describes regional touristic supply under the framework of territorial capital to understand which territorial assets are the most important for stimulating economic growth. We used spatial regression models to consider spatial dependencies among regions, and Bayesian Model Averaging...
Persistent link: https://www.econbiz.de/10013225377
Tourism is currently one of the largest and most dynamically developing sectors of the world. In many countries … between the tourism industry and processes of economic growth and development on regional level. Croatia has been divided into … 20 counties and the capital city of Zagreb. The purpose is to investigate the impact of tourism on the economic growth of …
Persistent link: https://www.econbiz.de/10012178448
Tourism-Led Growth (TLG) hypothesis demonstrates the profound contribution of tourism industry to the growth of real … income. This study examines the long-term impact of international tourism on economic growth in Ethiopia, using a series of … annual data spanning from 1995 to 2018. We contribute to the existing empirical literature on Tourism-Led Growth hypothesis …
Persistent link: https://www.econbiz.de/10012427979
Tourism is widely considered as driver for economic growth, and the "tourism-led-growth hypothesis" is often … investigated in the literature. However, there is very limited literature examining how economic growth impacts tourism, an impact … economic growth on the number of international tourism arrivals and also on the international tourism receipts during 1995 …
Persistent link: https://www.econbiz.de/10014474884
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 …
Persistent link: https://www.econbiz.de/10011374294