Research Note: The Tourism-Led Growth Hypothesis for Uruguay
This paper analyses the effects of tourism on the long-run economic growth of Uruguay. Using quarterly data from 1987.I to 2006.IV, the study uses cointegration analysis and shows the existence of a cointegrated vector among Uruguayan real per capita GDP, Argentinean tourism expenditure (the princip...
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| Veröffentlicht in: | Tourism economics : the business and finance of tourism and recreation 2010-09, Vol.16 (3), p.765-771 |
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| container_issue | 3 |
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| container_title | Tourism economics : the business and finance of tourism and recreation |
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| creator | Brida, Juan Gabriel Lanzilotta, Bibiana Lionetti, Stefania Risso, Wiston Adrián |
| description | This paper analyses the effects of tourism on the long-run economic growth of Uruguay. Using quarterly data from 1987.I to 2006.IV, the study uses cointegration analysis and shows the existence of a cointegrated vector among Uruguayan real per capita GDP, Argentinean tourism expenditure (the principal source of tourism in Uruguay) and real exchange rate between Uruguay and Argentina. It also shows that there is a positive causality relationship between Argentinean tourism expenditure and real per capita GDP of Uruguay. Finally, the authors compare this study with similar papers investigating the tourism-led growth hypothesis. |
| doi_str_mv | 10.5367/000000010792278356 |
| format | Article |
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| identifier | ISSN: 1354-8166 |
| ispartof | Tourism economics : the business and finance of tourism and recreation, 2010-09, Vol.16 (3), p.765-771 |
| issn | 1354-8166 2044-0375 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_761041344 |
| source | SAGE Complete A-Z List |
| subjects | Causality Cointegration analysis Economic growth Economic impact analysis Expenditures GDP Government spending Gross Domestic Product Hypotheses Leisure economics Leisure expenditure Leisure industry Studies Tourism Uruguay |
| title | Research Note: The Tourism-Led Growth Hypothesis for Uruguay |
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