THE RELATION BETWEEN TOURISM AND UNEMPLOYMENT: A PANEL DATA APPROACH

Iulian Condratov
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Iulian Condratov: Stefan cel Mare University of Suceava

Revista de turism - studii si cercetari in turism / Journal of tourism - studies and research in tourism, 2017, vol. 23, issue 23, 1

Abstract: Tourism is one of the fastest growing sectors of the world economy. Tourism development may contribute to reduction of unemployment both directly and indirectly. Â This paper empirically investigates this hypothesis holds for Romania regions for the period of 1990 -2015. A panel data approach is utilized and coefficient estimates are obtained by using fixed effect and random effect models. As a result, the hypothesis that tourism contribute to reduction of unemployment is verified based on the regression results.

Keywords: unemployment rate; Panel data approach; Romania (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:scm:rdtusv:v:23:y:2017:i:23:p:1

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