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Tourism and Exports as a means of Growth
Riera i Prunera, Maria Carme; Artís Ortuño, Manuel; Cortés-Jiménez, Isabel; Pulina, Manuela
This study expands existing research by considering both exports and tourism as potential influencing factors for economic growth. While trade of goods has been proven as a means of growth for countries, inbound tourism as non-traditional exports, has been scarcely examined in the literature. Using data for Italy and Spain over the period 1954-2000 and 1964-2000 respectively, both exports of goods and tourism exports are included in the same model. Standard cointegration and Granger causality techniques are applied. The main results reveal the significance of both exports and tourism towards longterm growth with some peculiarities for each country.
Política turística
Creixement econòmic
Mercaderies
Exportacions
Politics of tourism
Economic growth
Merchandises
Exports
cc-by-nc-nd, (c) Riera et al., 2009
http://creativecommons.org/licenses/by-nc-nd/3.0/
Documento de trabajo
Universitat de Barcelona. Institut de Recerca en Economia Aplicada Regional i Pública
         

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