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This short paper analyzes the effects in the long-run between tourism and the economic growth in the regions of Antioquia, Bolivar, Bogotá, Magdalena and San Andrés-Providencia of Colombia. Using annual data from 1990 to 2005, the study uses cointegration analysis to analyze the existence of...
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This short paper investigates the causal relations between tourism growth, relative prices and economic expansion for the Trentino-Alto Adige/Sidtirol, a region of northeast Italy bordering on Switzerland and Austria. Johansen cointegration analysis shows the existence of one cointegrated vector...
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