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Quality and endogenous tourism: An empirical approach

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  • Albaladejo, Isabel P.
  • González-Martínez, María Isabel
  • Martínez-García, María Pilar

Abstract

We propose a theoretical model and an empirical study that highlight the role of quality of tourism services and endogenous tourism in long-run economic growth. We study a theoretical growth model of international trade where tourism is the growth engine and quality of tourism services has a positive impact on long-term growth. We also provide an empirical analysis to test the relation between tourism, quality and economic growth in Spain over the period 1970–2010. Our results show that in the long run, tourist arrivals, quality of tourism accommodations, and foreign GDP have a positive effect on Spanish GDP. In the short term, changes in economic growth appear to lead to growth in tourist arrivals. Our findings support a two-way causal relationship between real GDP growth and tourism growth in Spain.

Suggested Citation

  • Albaladejo, Isabel P. & González-Martínez, María Isabel & Martínez-García, María Pilar, 2014. "Quality and endogenous tourism: An empirical approach," Tourism Management, Elsevier, vol. 41(C), pages 141-147.
    • Handle: RePEc:eee:touman:v:41:y:2014:i:c:p:141-147
    DOI: 10.1016/j.tourman.2013.09.006
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    Cited by:

    1. Jean-Jacques Nowak & Sylvain Petit, 2021. "A reconsideration of tourism specialization in Europe," Tourism Economics, , vol. 27(8), pages 1833-1838, December.
    2. Viera Ivankova & Beata Gavurova & Radovan Bačík & Martin Rigelský, 2021. "Relationships between road transport infrastructure and tourism spending: A development approach in European OECD countries," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 9(2), pages 535-551, December.
    3. Chien-Chiang Lee & Mei-Ping Chen & Yi-Ting Peng, 2021. "Tourism development and happiness: International evidence," Tourism Economics, , vol. 27(5), pages 1101-1136, August.
    4. Beata Gavurova & Jaroslav Belas & Katarina Zvarikova & Martin Rigelsky & Viera Ivankova, 2021. "The Effect of Education and R&D on Tourism Spending in OECD Countries: An Empirical Study," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 23(58), pages 806-806, August.
    5. Jingjing Liu & Peter Nijkamp, 2016. "Inbound tourism as a driving force of the regional innovation system: An impact study on China," ERSA conference papers ersa16p600, European Regional Science Association.

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    More about this item

    Keywords

    Quality in tourism services; Endogenous economic growth; Trade; Cointegration; Granger causality;
    All these keywords.

    JEL classification:

    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models

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