Artikel
Unemployment and growth in the tourism sector in Mexico: Revisiting the growth-rate version of Okun's law
In this paper, we analyze, by means of the difference version of Okun's law, the relationship between tourism sector growth and unemployment in Mexico during the period 2000Q2-2018Q4. The results show that tourism growth is a palliative for unemployment, whereas unemployment reduces the growth of the tourism sector. The results also show that the relationship between the mentioned variables becomes stronger during an economic crisis and weaker during expansion periods.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Economies ; ISSN: 2227-7099 ; Volume: 7 ; Year: 2019 ; Issue: 3 ; Pages: 1-17 ; Basel: MDPI
Klassifikation
Wirtschaft
Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Tourism and Development
Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Tourism and Development
Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Tourism and Development
Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Tourism and Development
Thema
unemployment
Okun’
s law
structural vector autoregressive model
tourism volume index
Okun’
s law
structural vector autoregressive model
tourism volume index
Ereignis
Geistige Schöpfung
(wer)
Sanchez Lopez, Fernando
Ereignis
Veröffentlichung
(wer)
MDPI
(wo)
Basel
(wann)
2019
- DOI
-
doi:10.3390/economies7030083
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:21 MESZ
Objekttyp
- Artikel
Beteiligte
- Sanchez Lopez, Fernando
- MDPI
Entstanden
- 2019
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