Do tourism spillovers matter in regional economic analysis? An application to Portugal

Jorge Andraz, Nélia M. Norte and Hugo S. Gonçalves
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Nélia M. Norte: University of Algarve, Portugal
Hugo S. Gonçalves: University of Algarve, Portugal
Authors registered in the RePEc Author Service: Hugo S. Gonçalves

Tourism Economics, 2016, vol. 22, issue 5, 939-963

Abstract: This study estimates tourism’s effects on economic performance at the national and regional levels, accounting explicitly for the existence of regional spillovers. The results suggest that there are important regional spillover effects on output, employment, and investment, respectively, and regions benefit differently from tourism located in the region and tourism located elsewhere in the country. The geographical pattern that emerges from the results is that the direct effects are more important in the central regions, while spillovers are more important in the northern and southern regions, the latter being one of the most important touristic regions in the country.

Keywords: economic impact of tourism; Portugal; regional effects; regional spillovers; vector autoregressive models (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:22:y:2016:i:5:p:939-963

DOI: 10.5367/te.2015.0469

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