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dc.contributor.authorApergis, Nicholas
dc.contributor.authorPayne, J.
dc.date.accessioned2017-01-30T13:01:55Z
dc.date.available2017-01-30T13:01:55Z
dc.date.created2014-04-08T20:00:29Z
dc.date.issued2012
dc.identifier.citationApergis, Nicholas and Payne, James E. 2012. Research note: Tourism and Growth in The Caribbean – Evidence From a Panel Error Correction Model. Tourism Economics. 18 (2): pp. 449-456.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/27912
dc.description.abstract

This empirical study examines the causal relationship between tourism and economic growth for a panel of nine Caribbean countries over the period 1995–2007. Pedroni (1999, 2004) panel cointegration tests reveal a long-run equilibrium relationship between real GDP per capita, the real effective exchange rate and international tourist arrivals per capita. The panel error correction model reveals bidirectional causality between tourism and economic growth in both the short run and the long run.

dc.publisherI P Publishing Ltd.
dc.relation.urihttp://www.ingentaconnect.com/content/ip/tec/2012/00000018/00000002/art00011
dc.subjectReal Exchange Eate
dc.subjectCaribbean
dc.subjectGranger-Causality
dc.subjectReal GDP
dc.subjectTourism arrivals
dc.titleTourism and Growth in The Caribbean – Evidence From a Panel Error Correction Model
dc.typeJournal Article
dcterms.source.volume18
dcterms.source.number2
dcterms.source.startPage449
dcterms.source.endPage456
dcterms.source.issn1354-8166
dcterms.source.titleTourism Economics
curtin.department
curtin.accessStatusFulltext not available


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