Does Tourism Influence Economic Growth? A Dynamic Panel Data Approach

Abstract: On Average, tourism-specialized countries grow more than others. This is not consistent with the core of modern economic growth theory that suggests that economic growth is linked to sectors with high-tech intensity and large scale. In this paper, we use appropriate panel data methods to study the relationship between tourism and economic growth. In general we show that tourism is a positive determinant of economic growth both in a broad sample of countries and in a sample of poor countries. However, contrary to previous contributions, tourism is not more relevant in small countries than in a general sample

Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource
Language
Englisch
Notes
Postprint
begutachtet (peer reviewed)
In: Applied Economics ; 40 (2008) 18 ; 2431-2441

Classification
Wirtschaft

Event
Veröffentlichung
(where)
Mannheim
(when)
2008
Creator
Sequeira, Tiago Neves
Nunes, Paulo Maças

DOI
10.1080/00036840600949520
URN
urn:nbn:de:0168-ssoar-241390
Rights
Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
25.03.2025, 1:43 PM CET

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Associated

  • Sequeira, Tiago Neves
  • Nunes, Paulo Maças

Time of origin

  • 2008

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