Tourism and Economic Growth in Mediterranean Region: Dynamic Panel Data Approach

Šimundić Blanka () and Zvonimir Kuliš
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Šimundić Blanka: PhD, Viši asistent, Sveučilište u Splitu, Ekonomski fakultet, Katedra za ekonomiku nacionalnog gospodarstva

Acta Economica Et Turistica, 2016, vol. 2, issue 1, 65-84

Abstract: The Mediterranean region is one of the leading tourism regions in the world accounting for one third of global tourism receipts and half of global tourism arrivals. This paper aims at providing evidence that tourism can be considered as determinant of economic growth in the Mediterranean region. The results support the postulates of tourism led growth hypothesis, thus giving to the policymakers endorses for improving the tourism competitiveness conditions that will boost the economic growth.

Keywords: economic growth; tourism deman; mediterranean region; dynamic panel data model (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:vrs:acectu:v:2:y:2016:i:1:p:65-84:n:5

DOI: 10.1515/aet-2016-0005

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