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Tourism activity as an engine of growth : lessons learned from the European Union

Matzana, Velisaria; Oikonomou, Aikaterina; Polemis, Michael - In: Journal of risk and financial management : JRFM 15 (2022) 4, pp. 1-15

In this study, the linkage between tourism activity and economic development in 21 European countries is analyzed. The … if there is a long-run connection between tourism activity and the development of the economy by applying a multivariate … framework. The results reveal that tourism contributes significantly to European countries' economic growth. Furthermore …

Persistent link: https://www.econbiz.de/10013273046

How does institutional quality moderates the impact of tourism on economic growth? : startling evidence from high earners and tourism-dependent economies

Adedoyin, Festus Fatai; Erum, Naila; Bekun, Festus Victor - In: Tourism economics : the business and finance of tourism … 28 (2022) 5, pp. 1311-1332

Persistent link: https://www.econbiz.de/10013392312

International tourism and income inequality : the role of economic and financial development

Wang, Yuan; Tziamalis, Alexander - In: Tourism economics : the business and finance of tourism … 29 (2023) 7, pp. 1836-1864

Persistent link: https://www.econbiz.de/10014384548

Tourism and economic growth : multi-country evidence from mixed-frequency Granger causality tests

Enilov, Martin; Wang, Yuan - In: Tourism economics : the business and finance of tourism … 28 (2022) 5, pp. 1216-1239

Persistent link: https://www.econbiz.de/10013392307

The impact of economic freedom on economic growth? : new European dynamic panel evidence

Brkić, Ivana; Gradojevic, Nikola; Ignjatijević, Svetlana - In: Journal of risk and financial management : JRFM 13 (2020) 2/36, pp. 1-13

This paper analyzes the impact of economic freedom along with traditional economic factors on economic growth for a panel of European countries. The growth of the gross domestic product was observed over a twenty-year time period on a sample of 43 developing and developed countries. Based on a...

Persistent link: https://www.econbiz.de/10012173941

Subsidies and economic and financial performance of enterprises

Bojnec, Štefan; Žampa, Sabina - In: Journal of risk and financial management : JRFM 14 (2021) 11, pp. 1-16

The aim of this article is to analyze the economic and financial performance of Slovenian enterprises, as a European Union (EU) member state case study. A favorable economic and financial performance is crucial for long-term sustainable enterprise growth and survival. Eight economic and...

Persistent link: https://www.econbiz.de/10012794365

Foreign direct investment and trade : between complementarity and substitution : evidence from European Union countries

Voica, Marian Cătălin; Panait, Mirela; Hysa, Eglantina; … - In: Journal of risk and financial management : JRFM 14 (2021) 11, pp. 1-16

This aim of this work is to study the relationship between foreign direct investment (FDI) and trade. FDI is a driving force for economic growth for host countries. The positive effects of FDI are seen in many aspects of the economy. However, the implications of FDI on foreign trade are...

Persistent link: https://www.econbiz.de/10012797394

Estimating the growth effects of 2004 Eastern enlargement of the European Union

Cieślik, Andrzej; Turgut, Mehmet Burak - In: Journal of risk and financial management : JRFM 14 (2021) 3, pp. 1-15

In this paper, we study the growth effects of the 2004 Eastern enlargement of the European Union (EU) using the synthetic control method. We estimate that this EU enlargement had an immediate but modest positive impact on the economic growth of the EU-8 countries in the first few years following...

Persistent link: https://www.econbiz.de/10012520027

Divergence tendencies in the European integration process : a danger for the sustainability of the E(M)U?

Glawe, Linda; Wagner, Helmut - In: Journal of risk and financial management : JRFM 14 (2021) 3/104, pp. 1-22

The European integration process started with the aim of reducing the differences in income and/or living standards between the participating countries over time. To achieve this, a certain alignment of institutions and structures was seen as a necessary precondition. While the goal of this...

Persistent link: https://www.econbiz.de/10012485017

Do post-Corona European economic policies lift growth prospects? : exploring an ML-methodology

Herzog, Bodo - In: Journal of risk and financial management : JRFM 15 (2022) 3, pp. 1-13

This article explores the determinants of people’s growth prospects in survey data as well as the impact of the European recovery fund to future growth. The focus is on the aftermath of the Corona pandemic, which is a natural limit to the sample size. We use Eurobarometer survey data and...

Persistent link: https://www.econbiz.de/10013163694