Publication:
A new look to the tourism and economic growth nexus: a clustering and panel causality analysis

Simple item page
dc.contributor.authorAlbaladejo Pina, Isabel Pilar
dc.contributor.authorBrida, Juan Gabriel
dc.contributor.authorGonzález Martínez, María Isabel
dc.contributor.authorSegarra Salgueiro, Verónica
dc.contributor.departmentMétodos Cuantitativos para la Economía y la Empresa
dc.coverage.spatialEconomía Mundiales
dc.coverage.temporal1995- 2019es
dc.date.accessioned2025-01-22T09:42:08Z
dc.date.available2025-01-22T09:42:08Z
dc.date.issued2023-09
dc.description© 2023 The Authors. This manuscript version is made available under the CC-BY-NC 4.0 license http://creativecommons.org/licenses/by-nc/4.0/ This document is the Published Manuscript version of a Published Work that appeared in final form in The World Economy. To access the final edited and published work see https://doi.org/10.1111/twec.13459es
dc.description.abstractThis paper explores the dynamic relationship between tourism and economic growth using panel data for 144 countries over the period 1995–2019. The study was carried out in two steps. First, the set of countries was classified by considering simultaneously two criteria, tourism and the economic development of the countries over time. Two classifications of homogeneous countries with four clusters each are obtained using a non-parametric methodology and two tourism indicators. Second, the Granger causality was tested for each of the identified groups and the entire sample. The results determined that there were significant differences between clusters and that causality from tourism to economic growth could only be verified for the group of countries with low income and low tourism. This relationship was confirmed by estimating impulse response functions, which showed a positive response of economic growth to innovations in tourism. The tourism sector could, therefore, be a way out of poverty and generate development and prosperity in low-income countries that are in the early stages of tourism developmen.es
dc.formatapplication/pdfes
dc.format.extent22es
dc.identifier.citationThe World Economy, 2023, Vol. 46, Issue 9, pp. 2835-2856
dc.identifier.doihttps://doi.org/10.1111/twec.13459
dc.identifier.issnPrint: 0378-5920
dc.identifier.issnElectronic: 1467-9701
dc.identifier.urihttp://hdl.handle.net/10201/149017
dc.languageenges
dc.publisherWileyes
dc.relationProyecto PID2019-107192GB- I00 financiado por Ministerio de Ciencia e Innovación/AEI/10.13039/501100011033.es
dc.relation.ispartofMinisterio de Ciencia e Innovación, Proyecto: PID2019-107192GB- I00es
dc.relation.publisherversionhttps://onlinelibrary.wiley.com/doi/10.1111/twec.13459es
dc.rightsinfo:eu-repo/semantics/openAccesses
dc.rightsAtribución-NoComercial 4.0 Internacional*
dc.rights.urihttp://creativecommons.org/licenses/by-nc/4.0/*
dc.subjectCluster analysises
dc.subjectEconomic growthes
dc.subjectImpulse response functionses
dc.subjectPanel data causalityes
dc.subjectRegime dynamicses
dc.subjectTLGHes
dc.subjectTourism developmentes
dc.subject.otherCDU::3 - Ciencias sociales::33 - Economía::338 - Situación económica. Política económica. Gestión, control y planificación de la economía. Producción. Servicios. Turismo. Precioses
dc.titleA new look to the tourism and economic growth nexus: a clustering and panel causality analysises
dc.typeinfo:eu-repo/semantics/articlees
dspace.entity.typePublicationes
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
TWE.pdf
Size:
3.05 MB
Format:
Adobe Portable Document Format
Description:
A new look to the tourism and economic growth nexus
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
2.26 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Artículos