The nexus of tourism spending with economic performance: A panel data analysis for the Eurozone area
Autor: | Anagnostou Ageliki, Ekonomou George, Kallioras Dimitris |
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Jazyk: | angličtina |
Rok vydání: | 2021 |
Předmět: | |
Zdroj: | Geographica Pannonica, Vol 25, Iss 1, Pp 53-62 (2021) |
Druh dokumentu: | article |
ISSN: | 0354-8724 1820-7138 |
DOI: | 10.5937/gp25-29541 |
Popis: | The paper investigates the nexus of tourism spending (i.e. leisure and business tourism spending) with economic performance (i.e. GDP and employment) for the Eurozone countries, during the period 2000-2018, employing sophisticated panel data analysis techniques. The issue is salient, given that within the Eurozone economic space the abolition of border impediments has released dynamics and brought into surface a new mix of opportunities, threats and challenges that has been changing the balance between centripetal and centrifugal forces. The findings of the paper identify the long-run equilibrium and confirm the bi-directional relationships among the variables considered, thus contributing to the discussion on the relationship between tourism and economic performance. |
Databáze: | Directory of Open Access Journals |
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