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Economic Growth and Business Cycles : The Labor Supply Decision with Two Types of Technological Progress
Graves, Philip E. - 2011
An informal model is described that leads to multiple macroeconomic equilibria as a consequence of random variation in the relative amounts of technological change for new and existing goods. The novel observation is that the rate of introduction and market penetration of new goods vis-a-vis...
Persistent link: https://www.econbiz.de/10012756204
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The Relationship between High Debt Levels and Economic Stagnation, Explained by a Simple Cash Flow Model of the Economy
Andricopoulos, Ari - 2016
Empirical data is presented suggesting that high private and, to a lesser extent, public debt levels place a strong drag upon economic growth. A simple, demand-based, cash flow (DBCF) model of the economy is developed, separating out flows by marginal propensity to spend. This approach is both...
Persistent link: https://www.econbiz.de/10012980568
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Forecasting Tourism Expenditure and Growth : A VAR/VECM Analysis for Greece at Both Aggregated and Disaggregated Levels
Georgantopoulos, Andreas G. - 2020
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 …
Persistent link: https://www.econbiz.de/10012857122
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The Relationship Among FDI, GDP and International Tourist Arrivals for Sri Lanka : An Analysis of Granger Causality
Rajapakse, R. P. C. R. - 2016
Tourism is regarded as a dynamic economic industry in the world, specifically for developing countries like Sri Lanka … of Sri Lanka and World Bank were used in this study. GDP is measured by US$ millions', ITA by the amount of tourism …
Persistent link: https://www.econbiz.de/10012981370
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The curse of tourism?
Ghalia, Thaana; Fidrmuc, Jan - 2015
Persistent link: https://www.econbiz.de/10011348443
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Experience of growth and continuity in SMEs : a study on the growth aspects of the tourism industry in the Netherlands
Tuinstra, Taeke; Mekkes, Johan; Koldijk, Hiske - In: Verslo ir teisės aktualijos : mokslo darbai 7 (2012) 2, pp. 351-364
Persistent link: https://www.econbiz.de/10010339992
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Economic growth, exchange rate and constrained competiveness of the tourism sector in Andalucía
Nasir, Muhammad Ali; Wu, JunJie; Guerrero, José Calderón - In: International journal of management and economics 48 (2015), pp. 84-100
Persistent link: https://www.econbiz.de/10011525508
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Does tourism growth influence economic development?
Cárdenas-García, Pablo Juan; Sánchez-Rivero, Marcelino; … - In: Journal of travel research : a quarterly publication of … 54 (2015) 2, pp. 206-221
Persistent link: https://www.econbiz.de/10010484821
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Tourism and local growth in Italy
Bronzini, Raffaello; Ciani, Emanuele; Montaruli, Francesco - In: Regional studies : official journal of the Regional … 56 (2022) 1, pp. 140-154
Persistent link: https://www.econbiz.de/10012804109
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The African economic growth experience and tourism receipts : a threshold analysis and quantile regression approach
Sahni, Herman; Nsiah, Christian; Fayissa, Bichaka - In: Tourism economics : the business and finance of tourism … 27 (2021) 5, pp. 915-932
Persistent link: https://www.econbiz.de/10012625859