Tourism and Growth in European Countries: An Application of Likelihood-Based Panel Cointegration
The tourism and economic growth relationship is investigated for a panel of European countries over the period 1988–2010. The results reveal that the variables contain a panel unit root and they cointegrate in a panel perspective. The findings show that tourism enhance economic growth for some countries in the sample.
|Date of creation:||15 May 2010|
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2004-15, Department of Economics, Williams College.
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