Is tourism an engine for economic recovery? Theory and empirical evidence

被引：215
|
作者：
Dogru, Tarik [1 ]
Bulut, Umit [2 ]
机构：
[1] Boston Univ, Sch Hospitality Adm, 928 Commonwealth Ave, Boston, MA 02215 USA
[2] Ahi Evran Univ, Fac Econ & Adm Sci, Dept Econ, TR-40100 Kirsehir, Turkey
来源：
TOURISM MANAGEMENT | 2018年 / 67卷
关键词：
Tourism development; Economic growth; Crisis; Europe; Panel causality; LED-GROWTH HYPOTHESIS; CAUSALITY; COUNTRIES; INFERENCE; CRISIS; NEXUS;
D O I：
10.1016/j.tourman.2017.06.014
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
The purpose of this study is to examine the causal relationships between tourism development and economic growth. For this purpose, the Dumitrescu and Hurlin (2012) technique was employed to analyze the casual link between tourism development and economic growth in seven European countries. The results showed that there is bidirectional causality between growth in tourism receipts and economic growth, suggesting that economic growth and tourism development are interdependent and that tourism development stimulates economic growth and vice versa in these countries. Theoretical and practical implications are discussed within the realms of growth, conservation, feedback, and neutrality hypotheses. (C) 2017 Elsevier Ltd. All rights reserved.
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页码：425 / 434
页数：10
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