Economic Growth, Exchange Rate and Constrained Competiveness of the Tourism Sector in Andalucía

Muhammad Ali Nasir, JunJie Wu and Guerrero José Calderón ()
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Guerrero José Calderón: Faculty of Business and Law, Leeds Beckett University, United Kingdom

International Journal of Management and Economics, 2015, vol. 48, issue 1, 84-100

Abstract: This paper examines the relationship between tourism and economic growth, analyzing key factors affecting tourism income in Andalucía, Spain. Based on time series annual data for the period 2005 to 2012 and a multiple regression analysis we show that international tourism has made an important contribution to Andalucía’s economic growth. Some of the factors considered in the analysis include the number of luxury hotels, the hotel price index and the exchange rate, though the latter is outside of the control of local authorities under the European Monetary Union (EMU).

Keywords: tourism; economic growth; exchange rate; competitiveness; Andalucía (search for similar items in EconPapers)
JEL-codes: F43 L83 O24 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ijomae:v:48:y:2015:i:1:p:84-100:n:5

DOI: 10.1515/ijme-2015-0036

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