This paper examines empirically the tourism impact on the long-run economic growth of Greece by using the causality analysis among real gross domestic product, real effective exchange rate and international tourism earnings. A multivariate autoregressive VAR model is applied for the examined period 1960:Ι – 2000:IV. The results of cointegration analysis suggested that there is one cointegrated ...

a r t i c l e i n f o Keywords: Prefecture-level administrative units Spatial spillover effect Urban economic growth Urban economic convergence The present study investigates the effect of tourism and its spatial correlation on urban economic growth. The study examines 272 prefecture-level administrative units between 2002 and 2011 in China as the sample and a β convergence model as the frame. ...

Received: September 27, 2016 Revised: October 26, 2016 Accepted: October 27, 2016 Abstract: Background: More and more developing nations are promoting cross-border medical tourism as a way to enhance economic growth. Major destinations for medical tourism in South and Southeast Asia include India, Thailand, Malaysia and wealthy Singapore. Much has been written on the pros and cons of the growth...

Intermediate cities which also called medium size cities have an important role in the process of globalization. It is argued that, in some cases this type of cities may be depopulated or in otherwise may be transformed as the periphery of metropolitans, so that the personal identity of the city and its local cultural heritage could suffer from its neighbor metropolitan. Over the last decades, ...

a r t i c l e i n f o Keywords: Northeastern Morocco Luxury tourism Economic development Water resources management Sustainable tourism SWOT analysis The objective of this article is to evaluate the regional development risk for the luxury tourism sector in Saidia, northeastern Morocco. The study aims to provide input for tourism-related water management and governance. Based on a thematic lite...

Discussion Papers are a series of manuscripts in their draft form. They are not intended for circulation or distribution except as indicated by the author. For that reason Discussion Papers may not be reproduced or distributed without the written consent of the author. Abstract The significant impact of international tourism in stimulating economic growth is especially important from a policy p...

This study attempts to further verify the validity of the tourism-led growth hypothesis in Malaysia using a multivariate model derived from the Solow growth theory. It employs annual data from 1975 to 2011. We find that economic growth, tourism and other determinants are cointegrated. Specifically, tourism has a positive impact on Malaysia's economic growth both in the short-run and in the long...

To investigate the causal relationship between China’s domestic tourism and economic growth, this paper performs co-integration analysis and Granger causality test by making use of annual time series data from 1984 to 2009. Co-integration analysis indicates that there are long-term and stable equilibrium relationships between the development of China’s domestic tourism and economic growth. The ...