期刊名称:International Journal of Economics and Financial Issues
电子版ISSN:2146-4138
出版年度:2015
卷号:5
期号:4
页码:1075-1081
语种:English
出版社:EconJournals
摘要:The aim of this paper is to analyse the relationship between tourism activity and economic growth for Next-11 countries. It is concluded that there is a long run relationship between tourist arrivals and GDP and tourism arrivals has positive effect on GDP growth in N-11 countries. We find that a unidirectional causality from economic growth to tourism is valid confirming Economic Driven Tourism Growth Hypothesis. Keywords: Tourism development; Economic growth; Causality; N-11 JEL Classifications: F43; L83
其他摘要:The aim of this paper is to analyse the relationship between tourism activity and economic growth for Next-11 countries. It is concluded that there is a long run relationship between tourist arrivals and GDP and tourism arrivals has positive effect on GDP growth in N-11 countries. We find that a unidirectional causality from economic growth to tourism is valid confirming Economic Driven Tourism Growth Hypothesis. Keywords: Tourism development; Economic growth; Causality; N-11 JEL Classifications: F43; L83