کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1012517 939147 2011 9 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The impacts of international tourism demand on economic growth of small economies dependent on tourism
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری استراتژی و مدیریت استراتژیک
پیش نمایش صفحه اول مقاله
The impacts of international tourism demand on economic growth of small economies dependent on tourism
چکیده انگلیسی

This paper studies the impacts on economic growth of a small tourism-driven economy caused by an increase in the growth rate of international tourism demand. We present a formal model and empirical evidence. The ingredients of the dynamic model are a large population of intertemporally optimizing agents and an AK technology representing tourism production. The model shows that an increase in the growth of tourism demand leads to transitional dynamics with gradually increasing economic growth and increasing terms of trade. In our empirical application, an econometric methodology is applied to annual data of Antigua and Barbuda from 1970 to 2008. We perform a cointegration analysis to look for the existence of a long-run relationship among variables of economic growth, international tourism earnings and the real exchange rate. The exercise confirms the theoretical findings.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Tourism Management - Volume 32, Issue 2, April 2011, Pages 377–385
نویسندگان
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