Tourism and Growth in European Countries: An Application of Likelihood-Based Panel Cointegration
Felipa De Mello-Sampayo and
Sofia de Sousa-Vale
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Sofia de Sousa-Vale: ISCTE-IUL - Department of Economics and UNIDE-ERC
No ercwp0510, Working Papers Series 1 from ISCTE-IUL, Business Research Unit (BRU-IUL)
Abstract:
The tourism and economic growth relationship is investigated for a panel of European countries over the period 1988–2010. The results reveal that the variables contain a panel unit root and they cointegrate in a panel perspective. The findings show that tourism enhance economic growth for some countries in the sample.
Keywords: Tourism; Economic growth; Rank tests; Panel unit root tests; Panel cointegration (search for similar items in EconPapers)
JEL-codes: C33 F43 L83 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2010-05-15
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)
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http://bru-unide.iscte.pt/RePEc/pdfs/ERCwp0510.pdf First version, 2010 (application/pdf)
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Related works:
Working Paper: Tourism and Growth in European Countries: An Application of Likelihood-Based Panel Cointegration (2012) 
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Persistent link: https://EconPapers.repec.org/RePEc:isc:iscwp1:ercwp0510
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