There is an upsurge of literature investigating the relationship between inbound tourism expansion and economic growth with special emphasis on developing countries. Some countries – such as Spain and Italy – can be taken as examples of demonstrating such a successful trajectory. This paper provides an empirical investigation of the evolution of the Spanish and Italian economies and their respective tourism sectors from the 1950s and 1960s, respectively. This research is theoretically based on the literature on demand-based growth and the methodology adopted is that of the integration, cointegration and multivariate Granger causality tests. The results show the influencing role of inbound tourism for both economies.

Inbound tourism and long-run economic growth / CORTÉS JIMÉNEZ, I; Pulina, Manuela. - In: CURRENT ISSUES IN TOURISM. - ISSN 1368-3500. - 13:1(2010), pp. 61-74. [10.1080/13683500802684411]

Inbound tourism and long-run economic growth

PULINA, Manuela
Methodology
2010

Abstract

There is an upsurge of literature investigating the relationship between inbound tourism expansion and economic growth with special emphasis on developing countries. Some countries – such as Spain and Italy – can be taken as examples of demonstrating such a successful trajectory. This paper provides an empirical investigation of the evolution of the Spanish and Italian economies and their respective tourism sectors from the 1950s and 1960s, respectively. This research is theoretically based on the literature on demand-based growth and the methodology adopted is that of the integration, cointegration and multivariate Granger causality tests. The results show the influencing role of inbound tourism for both economies.
Inbound tourism and long-run economic growth / CORTÉS JIMÉNEZ, I; Pulina, Manuela. - In: CURRENT ISSUES IN TOURISM. - ISSN 1368-3500. - 13:1(2010), pp. 61-74. [10.1080/13683500802684411]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11388/80943
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