Research note: The tourism-led growth hypothesis for Uruguay

被引：82
|
作者：
Brida, Juan Gabriel [1 ]
Lanzilotta, Bibiana [2 ]
Lionetti, Stefania [4 ]
Risso, Wiston Adrian [3 ]
机构：
[1] Free Univ Bolzano, Sch Econ & Management, I-39100 Bolzano, Italy
[2] Ctr Invest Econ CINVE, Montevideo, Uruguay
[3] Univ Siena, Dept Econ, I-53100 Siena, Italy
[4] Univ Lugano, Inst Econ Res IRE, Lugano, Switzerland
来源：
TOURISM ECONOMICS | 2010年 / 16卷 / 03期
关键词：
economic growth; tourism earnings; Johansen cointegration test; Granger causality; Uruguay; ECONOMIC-GROWTH; LONG-RUN;
D O I：
10.5367/000000010792278356
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper analyses the effects of tourism on the long-run economic growth of Uruguay Using quarterly data from 1987 I to 2006 IV, the study uses cointegration analysis and shows the existence of a cointegrated vector among Uruguayan real per capita GDP, Argentinean tourism expenditure (the principal source of tourism in Uruguay) and real exchange rate between Uruguay and Argentina It also shows that there is a positive causality relationship between Argentinean tourism expenditure and real per capita GDP of Uruguay. Finally, the authors compare this study with similar papers investigating the tourism-led growth hypothesis.
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页码：765 / 771
页数：7
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