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In the present paper an empirical analysis will point out tourism has a positive impact on economic growth, thus …
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Tourism is considered as one of the strongest determinants of economic growth and it has its multifaceted impacts on … the economy of the host country. This paper aims to identify the tourism led growth hypothesis for a panel of Asian and … Pedroni cointegration approach has been utilized to check the relationship among tourism growth and economic growth. The …
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This paper uses monthly data from April 2005 to August 2013 for Taiwan to propose a novel tourism indicator, namely the … Tourism Conditions Index (TCI). TCI accounts for the spillover weights based on the Granger causality test and estimates of … the multivariate BEKK model for four TCI indicators to predict specific tourism and economic environmental indicators for …
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