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 …

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 …