Are Number Of Tourist Arrivals The Driving Force Of Economic Growth in Mediterranean Countries?: Augmented Mean Group Estimator
Öz
This paper investigates the relationship between tourist arrivals and economic growth in selected Mediterranean countries. The annual data consider the number of tourist arrivals, real effective exchange rate and economic growth for the period of 1995-2017. In the study, the coefficient estimates of each country are made by using the Augmented Mean Group (AMG) estimator. Prior to applying these tests, cross-sectional dependence and homogeneity tests were implemented. The AMG estimator results show that the number of tourist arrivals has a positive impact on economic growth. Empirical results show that tourist arrivals have positive impact on economic growth for France, Malta, Spain, Cyprus, Morocco, and Tunisia. According to the study findings, it can be expressed that the tourism policies applied in these countries increase the number of tourist arrivals. Additionally, it is found no significant effect for Greece, Italy, and Israel.
Anahtar Kelimeler
Kaynakça
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Ayrıntılar
Birincil Dil
İngilizce
Konular
Ekonomi
Bölüm
Araştırma Makalesi
Yazarlar
Eda Dineri
*
Türkiye
Yayımlanma Tarihi
20 Ekim 2020
Gönderilme Tarihi
18 Mayıs 2020
Kabul Tarihi
7 Ekim 2020
Yayımlandığı Sayı
Yıl 2020 Cilt: 17 Sayı: 2
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