Tourism, Capital Good Imports and Economic Growth: Theory and Evidence for Spain

By J. Nowak, M. Sahli, I. Cortés-Jiménez. 2007

282 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/85cc0cf15d113f917d8bb6ba4c8637b435fdce68

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Citations in the corpus

Tourism and Economic Growth (2016, background): “…to the export income of a destination.2 This is crucial because investment in export-led growth is a major part of the development objectives of most economies that see it as the most secure means of achieving long-term economic growth and livelihood (Nowak, Sahli, and Cortés-Jiménez 2007).”
The relationship between tourism, CO2 emissions and economic growth: a case of Mediterranean countries (2019, methodology): “Nowak, Sahli, and Cortés-Jiménez (2007) investigate the impact of tourism exports on economic growth with the variables of real GDP, real tourism exports and real imports of inputs taken the 1960–2003 utilizing Johansen’s cointegration approach and the multivariate Granger causality test.”
Tourism and Exports as a means of Growth (2009, background): “On the one side, Nowak et al. (2007) argue that economic growth can be achieved via increases in the volume of inputs.”
Inbound tourism and long-run economic growth (2010, background): “Recently, Nowak, Sahli, and Cortés-Jiménez (2007) pointed out the existence of a second mechanism that can explain why inbound tourism can enhance long-run economic growth.”
A literature review on the tourism-led-growth hypothesis (2010, unknown): “…2010); number of people below the poverty line (in the case of Nicaragua, Croes and Vanegas, 2008); imports of industrial goods and machinery (Nowak et al., 2007); inward foreign direct investments (Tang et al., 2007); transport and communication, hotel and restaurants, advertising and…”
Tourism as a factor of long-run economic growth: An empirical analysis for Chile (2009, methodology): “Nowak et al. (2007) investigates the link between tourism exports and economic growth in the Spanish context using a multivariate Granger test based on a VECM.”
Is the tourism-led growth hypothesis valid after the global economic and financial crisis? The case of Spain 1957–2014 (2017, background): “A second study conducted by Nowak, Sahli, and Cort esJim enez (2007) for the period 1960e2003 tested the TLGH but also sought to prove the existence of a second channel of transmission between tourism development and economic growth via investment.”
A SVECM Analysis of the Relationship between International Tourism Arrivals, GDP and Trade in Italy (2013, background): “Related contributions also come from Durbarry (2004), Nowak, Sahli, and Cortés-Jiménez (2007), and Akinboade and Braimoh (2010).”
Tourism and Growth in a Cross Section of Countries (2010, unknown): “Finally, Nowak et al (2007) test the so-called TKIG (tourism, (k)capital, import, growth) hypothesis theoretically and empirically, according to which international tourism affects growth via the import of capital goods.”
Tourism and its economic impact: A literature review using bibliometric tools (2018, background): “For example, supportive evidence has been found for Spain (Nowak et al., 2007), but only a short-run TKIG mechanism for Tunisia (Cortés-Jiménez et al., 2011).”
Has the tourism-led growth hypothesis been validated? A literature review (2016, background): “Furthermore, a bi-directional Granger causality (i.e. tourism Granger-causes growth and vice versa) is assessed for the following destinations: Australia (Corrie, Stoeckl, & Chaiechi, 2013), Jamaica (Ahamefule, 2012; Amaghionyeodiwe, 2012; Ghartey, 2013), Aruba (Ridderstaat et al., 2013), Barbados (”
Another look at tourism- economic development nexus (2018, background): “Among these studies, Balaguer and Cantavella-Jorda (2002), Proença and Soukiazis (2008), Cortés-Jimenez and Pulina (2010) and Nowak et al. (2007) proved the validity of TLEG hypothesis in Spain and Ivanov and Webster (2007) rejected it.”