Does tourism cause growth asymmetrically in a panel of G-7 countries? A short note
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.contributor.email | rangan.gupta@up.ac.za | en_ZA |
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 |