Does tourism cause growth asymmetrically in a panel of G-7 countries? A short note

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dc.contributor.author Hatemi-J, Abdulnasser
dc.contributor.author Gupta, Rangan
dc.contributor.author Kasongo, Axel
dc.contributor.author Mboweni, Thabo
dc.contributor.author Netshitenzhe, Ndivhuho
dc.date.accessioned 2016-06-24T06:27:55Z
dc.date.issued 2018-02
dc.description.abstract We analyse whether tourism (measured by real tourism receipts) causes growth in an asymmetric fashion in a panel of G-7 countries over the period of 1995–2014. Our results reveal that the tourism-led growth hypothesis holds for France, Germany, and the US, with negative tourism shocks being more important for Germany, Italy, Japan, while positive shocks are more important in UK and the US. Our results imply that, policy makers in Germany, Italy and Japan should be more concerned when tourism receipts decline. en_ZA
dc.description.department Economics en_ZA
dc.description.embargo 2019-02-20
dc.description.librarian hb2016 en_ZA
dc.description.sponsorship This research was partially funded by the UAE University via the UPAR Program. en_ZA
dc.description.uri http://link.springer.com/journal/10663 en_ZA
dc.identifier.citation Hatemi-J, A., Gupta, R., Kasongo, A. et al. Does tourism cause growth asymmetrically in a panel of G-7 countries? A short note. Empirica (2018) 45: 49-57. https://doi.org/10.1007/s10663-016-9345-3. en_ZA
dc.identifier.issn 0340-8744 (print)
dc.identifier.issn 1573-6911(online)
dc.identifier.other 10.1007/s10663-016-9345-3
dc.identifier.uri http://hdl.handle.net/2263/53385
dc.language.iso en en_ZA
dc.publisher Springer en_ZA
dc.rights © Springer Science+Business Media New York 2016. The original publication is available at : http://link.springer.com/journal/10663. en_ZA
dc.subject Economic growth en_ZA
dc.subject Tourism receipts en_ZA
dc.subject Asymmetric panel causality test en_ZA
dc.title Does tourism cause growth asymmetrically in a panel of G-7 countries? A short note en_ZA
dc.type Postprint Article en_ZA


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