Encontrado 1 documento, a visualizar página 1 de 1

Tourism and growth in european countries : an application of likelihood-based p...

This paper applies likelihood-based panel cointegration techniques to examine the exis- tence of a long run relationship between GDP, tourism earnings per tourist and total trade volume for a panel of European countries over the period 1988{2010. Removing the cross dependency, our panel tourism-led growth model indicates that tourism development has a higher impact on GDP in the North than in South European cou...