Tourism and Economic Growth: The case of Next 11 Countries

Autor: KUM, Hakan, ASLAN, Alper, GUNGOR, Merve
Jazyk: angličtina
Rok vydání: 2015
Předmět:
Zdroj: International Journal of Economics and Financial Issues, Vol 5, Iss 4, Pp 1075-1081 (2015)
Volume: 5, Issue: 4 1075-1081
International Journal of Economics and Financial Issues
ISSN: 2146-4138
Popis: The aim of this paper is to analyse the relationship between tourism activity and economic growth for Next-11 countries. It is concluded that there is a long run relationship between tourist arrivals and GDP and tourism arrivals has positive effect on GDP growth in N-11 countries. We find that a unidirectional causality from economic growth to tourism is valid confirming Economic Driven Tourism Growth Hypothesis.
Databáze: OpenAIRE