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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
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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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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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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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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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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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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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
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Growth Through Tourism in Developed European Countries. Case Study : France, Italy and Spain
Haller, Alina - 2017
The paper is an analysis based on statistical indicators for three European economies with highly developed tourism sectors. France, Italy and Spain are models of growth and development through tourism, which is possible due to their cultural, historical and artistic richness. Although they are...
Persistent link: https://www.econbiz.de/10012952097
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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/10011345497