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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 …
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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 …
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Purpose: The purpose of this research paper is to empirically analyse the effects of tourism on economic growth in …, tourist arrivals, tourism receipts, FDI stock, exports and government expenditures. Findings: The estimation results in all … types of models, and indicate that tourism has a positive and significant impact on economic growth in the Western Balkan …
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