tourism and long-term economic growth. These studies have employed a variety of methodologies, models such as VAR, VECM, ARDL … Granger causality. This work shows that in the cases reviewed there is strong empirical evidence for the hypothesis of tourism …. Additionally, the study shows that the values of the elasticity of economic growth from tourism are significant different between …

This paper study the relationships between tourism and economic growth by introducing a dynamic model whose ingredients … good. The model analyses the relationships between tourism growth, physical and human capital accumulation and changes in … main variables and on variations in terms of trade.. First, it is shown that tourism allows local population to enjoy a …

province of Bolzano as a case study. The comparison holds its own interest since they are both tourism destinations, though …

This paper studies the relationships between tourism and economic growth through a dynamic model showing how the time … preference affect the investment in a economic sector based on natural resources as tourism. Assuming extreme values, it is …

The paper studies the short run and long run effects of a production subsidy to the tourism sector of a small open … where the tourism sector is considered to be labor-intensive and produces traded services. The other sector is capital … choosing consumption of both the nontraded good and tourism services, the sectoral allocation of labor, and the rate of wealth …