Analyzing the tourism-energy-growth nexus for the top 10 most-visited countries

Artikel

By using the Emirmahmutoglu-Kose bootstrap Granger non-causality method, this study explores the directions of causality among tourist arrivals, tourism receipts, energy consumption and economic growth for the top 10 most-visited countries (France, the USA, Spain, China, Italy, Turkey, Germany, the United Kingdom, Russia, and Mexico) in the world. This study finds a variety of causal directions between the pair of analyzed variables for each country and the panel. Since cross-sectional dependence exists across the top countries for the analyzed variables, the bootstrap Granger causality test that accounts for the mentioned issue in the estimation process presumably produces reliable and accurate outputs. Further results and policy implications are discussed in this empirical study.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: Economies ; ISSN: 2227-7099 ; Volume: 5 ; Year: 2017 ; Issue: 4 ; Pages: 1-13 ; Basel: MDPI

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Macroeconomic Analyses of Economic Development ; Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products ; Economic Growth and Aggregate Productivity: General
• Thema: Granger causality ; tourist arrivals ; tourism receipts ; energy consumption ; economic growth ; the top 10 most-visited countries

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Işik , Cem ; Doğan, Eyüp ; Ongan, Serdar
• Ereignis: Veröffentlichung
• (wer): MDPI
• (wo): Basel
• (wann): 2017

Weitere Informationen

• DOI: doi:10.3390/economies5040040
• Handle: http://hdl.handle.net/10419/197042
• Letzte Aktualisierung: 20.09.2024, 08:21 MESZ