Journal
TOURISM MANAGEMENT
Volume 61, Issue -, Pages 96-109Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.tourman.2017.01.003
Keywords
Tourism-led growth hypothesis; Spain; Granger causality; Bounds testing; Toda-Yamamoto procedure
Funding
- [ECO2014-58434-P]
Ask authors/readers for more resources
Since the first paper on the subject was published in 2002, the tourism-led growth hypothesis (TLGH) has constituted one of the most predominant topics in tourism literature. Spain is a leading country in the tourism industry and one where this hypothesis has been tested with several studies confirming the relationship between Spain's tourism development and its economic growth. However, the existing studies for Spain do not take into account recent turbulences such as the Global Financial and Economic Crisis and the Arab Spring uprisings that have shocked tourism markets. This paper re-examines the TLGH for the Spanish case in the light of these events in order to investigate the robustness of the relationship between tourism and economic growth. (C) 2017 Elsevier Ltd. All rights reserved.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available