Antonakakis, Nikolaos; Dragouni, Mina; Filis, George - In: Economic Modelling 44 (2015) C, pp. 142-155
In this study, we examine the dynamic relationship between tourism growth and economic growth, using a newly introduced … following empirical regularities. First, the tourism-economic growth relationship is not stable over time in terms of both … magnitude and direction, indicating that the tourism-led economic growth (TLEG) and the economic-driven tourism growth (EDTG …