In the developing economy, tourism is the most visible and steadiest growing facade. Tourism is considered one of the … autoregression (VAR) model, error correction model (ECM), and the Granger causality to check the relationship between the tourism … product (GDP) is used as a replacement variable for the economic growth index, while internal tourism revenue is used as a …

This article introduces ‘Granger Causality in Tourism Analysis for Slovenia andMontenegro.’ Included within are … comparisons of the tourism ledgrowth in these countries between December 2007–June 2015. The focus of the analysis is directed …. The latter indicates uni-directional causal relationships of three relations between the economic growths, tourism growth …

In Croatia, tourism is one of the most important economic activities, accounting for 2.1% of total tourist flows in the … European Union and 18% of the total Croatian gross domestic product. Economic development and tourism flows are influenced by … and maximize the positive effects. The objective of the current study is to empirically research the role of tourism in …