Tourism Employment and Economic Growth: Dynamic Panel Threshold Analysis
نویسندگان
چکیده
The manuscript reports on findings the interconnection between tourism employment and economic growth for selected OECD member states. dynamic panel threshold regression method was used to analyze data, where variable employment, of gross national income value added by activity services were dependent variables in corresponding models. dataset covered period 2008 2020. Both marginal effects indicated positive implications growth. A percent rise leads an increase 0.15% (in low regime) 0.61% high regime). Yet, results revealed a negative effect services. outcomes explain that average country will lead decrease services, as percentage added, 0.07% (low 0.09% (high Therefore, applications this study are twofold—the first one is its contribution existing theoretical knowledge through filling literature gaps, second related advances standing policies. main limitations proposal future research application random smooth transition models alternative indicator functions.
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ژورنال
عنوان ژورنال: Mathematics
سال: 2023
ISSN: ['2227-7390']
DOI: https://doi.org/10.3390/math11051112