Economics at your fingertips  

On the Relationship between Tourist Flows and Household Expenditure in Barbados: A Dynamic OLS Approach

Mahalia Jackman and Troy Lorde ()

Economics Bulletin, 2010, vol. 30, issue 1, 472-481

Abstract: Keynesians propose that increases in tourist arrivals are associated with an expansion in private spending through the multiplier effect. To test this hypothesis, this study augments a simple consumption function with tourist arrivals and employs the dynamic OLS method to compute the short and long run relationships of the variables. Results suggest that while tourist arrivals have a positive correlation with household expenditure in the short run, it does not Granger cause household expenditure consumption.

Keywords: Tourism; Consumption; Barbados; Dynamic OLS (search for similar items in EconPapers)
JEL-codes: L8 E2 (search for similar items in EconPapers)
Date: 2010-02-08
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().

Page updated 2020-11-11
Handle: RePEc:ebl:ecbull:eb-09-00486