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Time-Varying Interdependencies of Tourism and Economic Growth: Evidence from European Countries
Dragouni, Mina; Filis, George; Antonakakis, Nikolaos - 2013
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/10011345525
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Time-Varying Interdependencies of Tourism and Economic Growth: Evidence from European Countries
Antonakakis, Nikolaos; Dragouni, Mina; Filis, George - Volkswirtschaftliche Fakultät, … - 2013
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/10011110124
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Time-varying interdependencies of tourism and economic growth : evidence from European countries
Dragouni, Mina; Filis, George; Antonakakis, Nikolaos - 2013
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
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How strong is the linkage between tourism and economic growth in Europe?
Antonakakis, Nikolaos; Dragouni, Mina; Filis, George - In: Economic Modelling 44 (2015) C, pp. 142-155
In this study, we examine the dynamic relationship between tourism growth and economic growth, using a newly introduced spillover index approach. Based on monthly data for 10 European countries over the period 1995–2012, our analysis reveals the following empirical regularities. First, the...
Persistent link: https://www.econbiz.de/10011116972
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How strong is the linkage between tourism and economic growth in Europe?
Antonakakis, Nikolaos; Dragouni, Mina; Filis, George - In: Economic modelling 44 (2015), pp. 142-155
Persistent link: https://www.econbiz.de/10011326267
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Time-Varying Interdependencies of Tourism and Economic Growth: Evidence from European Countries
Antonakakis, Nikolaos; Dragouni, Mina; Filis, George - 2013
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/10015238039
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Time-varying interdependencies of tourism and economic growth : evidence from European countries
Dragouni, Mina; Filis, George; Antonakakis, Nikolaos - 2013
Persistent link: https://www.econbiz.de/10009785490
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Output volatility, economic growth, and cross-country spillovers : new evidence for the G7 countries
Antonakakis, Nikolaos; Badinger, Harald - 2012
Persistent link: https://www.econbiz.de/10009622257
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Output volatility, economic growth, and cross-country spillovers : new evidence for the G7 Countries
Antonakakis, Nikolaos; Badinger, Harald - 2012
period 1958M2-2011M7, thereby paying particular attention to spillovers within and between countries. Using the VAR … volatility are highly intertwined, with spillovers taking place into all four directions; ii) the importance of spillovers has … point to moderate growth-growth spillovers and sizable volatility-volatility spillovers across countries, suggesting that …
Persistent link: https://www.econbiz.de/10011374341
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PATHS OF INCOME CONVERGENCE BETWEEN COUNTRY PAIRS WITHIN EUROPE
Gligoric, Mirjana - In: Economic Annals 59 (2014) 201, pp. 123-156
This paper explores income convergence in European countries. Unlike previous research, the analysis is based on the pair-wise approach (Pesaran, 2007), identifying four cases: long-run convergence, catching-up, lagging-behind, and divergence. The results suggest that catching-up prevails, while...
Persistent link: https://www.econbiz.de/10010938603