Is the tourism-led growth hypothesis valid after the global economic and financial crisis? The case of Spain 1957-2014

被引：89

作者：

Francisco Perles-Ribes, Jose ^{[1
]}

Belen Ramon-Rodriguez, Ana ^{[1
]}

Rubia, Antonio ^{[2
]}

Moreno-Izquierdo, Luis ^{[1
]}

机构：

[1] Univ Alicante, Dept Appl Econ Anal, Fac Econ & Business Sci, Campus San Vicente Raspeig, E-03080 Alicante, Spain

[2] Univ Alicante, Dept Financial Econ & Accounting, Fac Econ & Business Sci, Campus San Vicente Raspeig, E-03080 Alicante, Spain

来源：

TOURISM MANAGEMENT | 2017年 / 61卷

关键词：

Tourism-led growth hypothesis; Spain; Granger causality; Bounds testing; Toda-Yamamoto procedure; AUTOREGRESSIVE TIME-SERIES; UNIT-ROOT TESTS; COINTEGRATION; INFERENCE; NULL;

D O I：

10.1016/j.tourman.2017.01.003

中图分类号：

X [环境科学、安全科学];

学科分类号：

08 ; 0830 ;

摘要：

Since the first paper on the subject was published in 2002, the tourism-led growth hypothesis (TLGH) has constituted one of the most predominant topics in tourism literature. Spain is a leading country in the tourism industry and one where this hypothesis has been tested with several studies confirming the relationship between Spain's tourism development and its economic growth. However, the existing studies for Spain do not take into account recent turbulences such as the Global Financial and Economic Crisis and the Arab Spring uprisings that have shocked tourism markets. This paper re-examines the TLGH for the Spanish case in the light of these events in order to investigate the robustness of the relationship between tourism and economic growth. (C) 2017 Elsevier Ltd. All rights reserved.

引用

页码：96 / 109

页数：14

共 32 条

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