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Is tourism an engine for economic recovery? Theory and empirical evidence       
Yazarlar
Tarık Doğru
Türkiye
Prof. Dr. Ümit BULUT Prof. Dr. Ümit BULUT
Ahi Evran Üniversitesi, Türkiye
Özet
The purpose of this study is to examine the causal relationships between tourism development and economic growth. For this purpose, the Dumitrescu and Hurlin (2012) technique was employed to analyze the casual link between tourism development and economic growth in seven European countries. The results showed that there is bidirectional causality between growth in tourism receipts and economic growth, suggesting that economic growth and tourism development are interdependent and that tourism development stimulates economic growth and vice versa in these countries. Theoretical and practical implications are discussed within the realms of growth, conservation, feedback, and neutrality hypotheses.
Anahtar Kelimeler
Crisis | Economic growth | Europe | Panel causality | Tourism development
Makale Türü Özgün Makale
Makale Alt Türü SSCI, AHCI, SCI, SCI-Exp dergilerinde yayımlanan tam makale
Dergi Adı TOURISM MANAGEMENT
Dergi ISSN 0261-5177
Dergi Tarandığı Indeksler SSCI
Dergi Grubu Q1
Makale Dili İngilizce
Basım Tarihi 08-2018
Cilt No 67
Sayı 1
Sayfalar 425 / 434
Doi Numarası 10.1016/j.tourman.2017.06.014