| Autor: |
María Santana-Gallego, Isabel Cortés-Jiménez, Jorge V. Pérez-Rodríguez, Francisco Ledesma-Rodríguez |
| Rok vydání: |
2010 |
| Předmět: |
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| Zdroj: |
The World Economy. 33:1811-1835 |
| ISSN: |
0378-5920 |
| Popis: |
The main aim of this study is to contribute to the debate on the effects of a common currency. In particular, the impact of a common currency on growth via trade and tourism is explored for a panel dataset which includes 179 countries as destination and 30 OECD countries as origin over the period 1995–2006. This research contributes to previous work in three ways: (i) tourism is included as an additional channel for a common currency to promote growth; (ii) the heterogeneity of countries is addressed by dividing the sample into three groups of countries by income; and (iii) up-to-date data including the case of the euro are considered. The results obtained suggest that a common currency strengthens economic growth by promoting not only international trade but also tourism. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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