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. EU integration process has had a positive bearing on tourism movements in the surveyed countries. The panel regression …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 …
Persistent link: https://www.econbiz.de/10011841916
and consequently, have the lowest share from the tourism industry. In this research paper, we investigated whether the … aforementioned regions' poor performance in the tourism industry is due to growing terrorism in the region. Our results indicate that … a significant negative impact of terrorism on tourism. …
Persistent link: https://www.econbiz.de/10012133683
growth and tourist overnight stays. Panel model shows that regional economic growth is influenced by tourism. But research …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 …
Persistent link: https://www.econbiz.de/10012178448
The main goal of this research paper is to provide a quantitative assessment of the Romanian tourism industry (hotels … under 8.7%, in 2014. Using panel data regression we have identified some of the main characteristics of the Romanian … counties that can be considered as indicators of the development perspectives of the tourism (hotels and restaurants) at county …
Persistent link: https://www.econbiz.de/10011834001
. -- tourism income ; economic growth ; panel unit root ; panel causality …This paper investigated the causal relationship between tourism revenue and gross domestic product (GDP) using the … panel data of 135 countries for the period 1995–2008. For this purpose, Panel Granger causality analysis was applied to 11 …
Persistent link: https://www.econbiz.de/10009701762
On average, tourism-specialized countries grow more than others. This fact is inconsistent with economic theory as, in … thus high productivity; (2) large scale. In this paper, we use panel data methods to go further in treating the endogeneity … problem. In general and contrary to previous works, we conclude that tourism, on its own, cannot explain the higher growth …
Persistent link: https://www.econbiz.de/10012735015
The purpose of this paper is to identify and study the main determinants of international tourism demand with special … reference to Tunisia over the period 1994–2012. The empirical study is based on estimations of GMM dynamic panel data model … tourism demand in Tunisia. Estimated prices elasticities suggest that Tunisian tourism is surprisingly considered by …
Persistent link: https://www.econbiz.de/10012976909
In the present paper an empirical analysis will point out tourism has a positive impact on economic growth, thus … elaboration of these panel data is made feasible by means of the Eviews software package …
Persistent link: https://www.econbiz.de/10013029257
development and economic growth by using the panel data over the period 1995-2015 for five BRICS (Brazil, Russia, India, China and … South Africa) countries. The results of panel ARDL cointegration test indicate that tourism, financial development and …Tourism has become the world's third-largest export industry after fuels and chemicals, and ahead of food and …
Persistent link: https://www.econbiz.de/10012429781
We consider the relationship between tourism and economic growth for Latin American countries since 1985 until 1998 …. The analysis proposed is based on a panel data approach and the Arellano-Bond estimator for dynamic panels. We obtain … variables. We show that the tourism sector is adequate for the economic growth of medium or low-income countries, though not …
Persistent link: https://www.econbiz.de/10011600070