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. -- tourism income ; economic growth ; panel unit root ; panel causality …This paper investigated the causal relationship between tourism revenue and gross domestic product (GDP) using the … panel data of 135 countries for the period 1995–2008. For this purpose, Panel Granger causality analysis was applied to 11 …
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The empirical nexus between tourism development and economic growth have been widely examined, however, the empirical … investigate and analyze the dynamic relationship between tourism sector development and economic growth both in the short and long … run. Secondly, to examine the direction of causality between tourism development and economic growth in Eastern Indonesia …
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We consider the relationship between tourism and economic growth for Latin American countries since 1985 until 1998 …. The analysis proposed is based on a panel data approach and the Arellano-Bond estimator for dynamic panels. We obtain … variables. We show that the tourism sector is adequate for the economic growth of medium or low-income countries, though not …
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