Presentation
Tourism and economic growth: a meta-analysis of panel data studies
Author/s | Castro Nuño, Mercedes
Molina Toucedo, José Antonio Pablo-Romero Gil-Delgado, María del Populo |
Department | Universidad de Sevilla. Departamento de Análisis Económico y Economía Política |
Publication Date | 2012 |
Deposit Date | 2018-12-27 |
Published in |
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Abstract | Although for decades it has been acknowledged that tourism likely contributes to
economic growth, theoretical models that consider a causal relationship between both
are a recent phenomenon. From a sample of 11 studies ... Although for decades it has been acknowledged that tourism likely contributes to economic growth, theoretical models that consider a causal relationship between both are a recent phenomenon. From a sample of 11 studies based on panel data techniques published through to 2011, and for a total of 87 heterogeneous estimations, a metaanalysis is performed by applying models for both fixed and random effects, with the main objective being to calculate a summary measure of the effects of tourism on economic growth. While the results obtained point to a positive elasticity between economic growth and tourism, the magnitude of the effect was found to vary according to the methodological procedure employed in the original studies for empirical estimations. |
Citation | Castro Nuño, M., Molina Toucedo, J.A. y Pablo-Romero Gil-Delgado, M.d.P. (2012). Tourism and Economic growth: a meta-analysis of panel data studies. En Encuentro de Economía Aplicada (15º. 2012. A Coruña) |
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Ponencia Tourism and economic.pdf | 230.8Kb | [PDF] | View/ | |