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This research aimed to study the determinants of tourism demand in Tunisia from 1995 to 2019 with four independent variables: gross domestic product, consumer price index, the real exchange rate, and air transport passengers carried. The research employed the Unit root test, Co-integration test,...
Persistent link: https://www.econbiz.de/10014520703
The current paper analyzes the importance and potentials of the tourism sector for economic development. It is divided into four major parts. After a short introduction, section two presents some theoretical insights into the topic of economic development. Commenting on the most relevant...
Persistent link: https://www.econbiz.de/10003958838
Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to be associated with higher per capita GDP growth rates...
Persistent link: https://www.econbiz.de/10008702298
This paper presents a theoretical model to investigate the incentive of private producer and policymaker to reduce seasonality in a given market, where consumers derive different utilities from the consumption of the good in different seasons. The (seasonal) product differentiation is modelled...
Persistent link: https://www.econbiz.de/10009505587
In this study, we employ the novel measure of a VAR-based spillover index, developed by Diebold and Yilmaz (2012) to investigate the time-varying relationship between tourism and economic growth in selected European countries. Overall, the findings suggest that (i) the tourism-economy...
Persistent link: https://www.econbiz.de/10011374294
The development of standards and certification programs in global tourism has gained importance in consumption-production nexus. The paper is dealing with ' Fair Trade in Tourism South Africa' (FTTSA), one of the first innovative service standards with a focus on the social dimension of...
Persistent link: https://www.econbiz.de/10011303828
The tourism in Portugal has been an important contribution to the economic development of the country, namely in zones where is difficult to implement others activities, specifically the manufacturing. The objective of this work is to analyze, for the period 2002-2011, with spatial econometric...
Persistent link: https://www.econbiz.de/10009734930
In this article, the authors present a theoretical model to investigate the private and social incentives to reduce seasonality in a given market. They assume that consumers derive different utilities from the consumption of the same good in different seasons. The seasonal product...
Persistent link: https://www.econbiz.de/10009665347
Persistent link: https://www.econbiz.de/10009724114