Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical … evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to … fundamental determinants of economic growth (Acemoglu et al., 2001) and ask whether previous positive results of tourism on growth …

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 …

Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical … evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to … fundamental determinants of economic growth (Acemoglu et al., 2001) and ask whether previous positive results of tourism on growth …

Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)‘ Recent empirical … evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to … fundamental determinants of economic growth (Acemoglu et al., 2001) and ask whether previous positive results of tourism on growth …

In the present paper an empirical analysis will point out tourism has a positive impact on economic growth, thus …

Tourism is vital to the success of many economies worldwide and has been a widely researched area for many years … research investigates the role of tourism in promoting economic growth in the Kingdom of Saudi Arabia by using annual time …-integration test, the co-integration regression test and the Granger causality test to check the relationship between tourism and …

Purpose: The purpose of this research paper is to empirically analyse the effects of tourism on economic growth in …, tourist arrivals, tourism receipts, FDI stock, exports and government expenditures. Findings: The estimation results in all … types of models, and indicate that tourism has a positive and significant impact on economic growth in the Western Balkan …

In this study, causal relationship between tourism revenues and economic growth in Turkey There were analyzed using VAR …–2013 periods, there is unidirectional causality running from economic growth to tourism revenues. This finding indicates that to … increase the revenue obtained from tourism Turkey should ensure sustainable growth …

Institutions, which directly or indirectly determine the "rules of behavior" in the tourism sector, represent the … Institutional bases for tourism development in Montenegro. They are tourism policy-makers including other institutions which … presided for optimization of institutional norms in the domain of macro decisions important for functioning of the tourism …