A Panel Data Modelling of International Tourism Demand: Evidences for Romania

Surugiu, Camelia; Leitão, Nuno Carlos; Surugiu, Marius-Răzvan

doi:10.1080/1331677x.2011.11517450

Cited by 40 publications

(47 citation statements)

References 22 publications

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“…Since the 1980s, Bahrain has become the regional hub for international banking and financial services and international leisure facilities [41,47]. It is well documented that countries with an established tourism attraction are likely to benefit from tourist inflows in the long run, which, in turn, fosters economic growth [25,38,39]. In the case of Oman, tourism development and economic growth do not seem to be sensitive to each other.…”

Section: Panel Causality Analysismentioning

confidence: 99%

“…One of the explanations for the direction of causality, from economic growth to tourism development, in most GCC countries may lie in the history of their tourism industry structure. It is worth noticing that nations (such as GCC oil-rich countries) with no long history of tourism development initiatives rely on their endowments to maintain tourist inflows, and that economic growth is the only way to invest in tourism and sustain tourist inflows in such countries [26,38,39]. In absence of economic growth, the tourism industry shrinks.…”

Section: Panel Causality Analysismentioning

confidence: 99%

“…However, other empirical studies investigate the relationship between tourism development and economic growth using cross-section or panel data. Among these studies, Leitão [26] [38], and Tugcu [39] obtain mixed results for the relationship between tourism and economic growth. Moreover, the results are sensitive to the specific group of countries under examination.…”

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confidence: 99%

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Is Tourism Development a Sustainable Economic Growth Strategy in the Long Run? Evidence from GCC Countries

Alhowaish

2016

Sustainability

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Abstract:The main objective of this study is to investigate the causal relationship between tourism development and economic growth in Gulf Cooperation Council (GCC) countries in a multivariate model, using panel data for the period 1995-2012. The study adopts a panel Granger causality analysis approach to assess the contribution of tourism to economic growth in GCC countries as a whole, and in each individual country. In the case of GCC countries as a whole, the results show a one-way Granger causality, from economic growth to tourism growth. Furthermore, Kuwait, Saudi Arabia, Qatar, and the United Arab Emirates follow the path of economy-driven tourism growth, as hypothesized. The reverse hypothesis (i.e., tourism-led growth hypothesis) holds true for Bahrain, while there is no causal relationship between tourism and economic growth in the case of Oman.

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Section: Panel Causality Analysismentioning

confidence: 99%

Section: Panel Causality Analysismentioning

confidence: 99%

mentioning

confidence: 99%

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Is Tourism Development a Sustainable Economic Growth Strategy in the Long Run? Evidence from GCC Countries

Alhowaish

2016

Sustainability

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“…In the last decades tourism became one of the major industries in the world economy (Surugiu et al, 2011) and the airline industry has a very important role in this sector. In other words, more efficient airlines are able to lower the price and attract more travellers to a particular destination (Assaf and Josiassen, 2012;Morley, 2003).…”

Section: Literature Reviewmentioning

confidence: 99%

Portuguese Airport Efficiency Analysis: The Case Study of Oporto

Santos¹,

Mendes-Ribeiro²,

Marques³

et al. 2015

MJSS

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The Oporto Airport located in the northern region in Porto city is crucial because is the only one located in the northern region. This airport had an increasing in number of passengers, sales revenue and accumulated investment during the last two decades, principally after the introduction and the operation of the Low Cost Companies since 2004 to the present. In order to determine if the last changes had an impact in the competitiveness of this airport, the main aims is to analise the evolution of values of the technical efficiency and equate the results before and after the introduction of the LCCs in this airport. The methodology uses the Data Envelopment Analysis. Results show that the Oporto Airport efficiency increases highly after the introduction of LCCs since 2004. The main conclusions suggest the importance of the introduction of LCCs in the increasing efficiency of the Oporto Airport and the potential relation with tourism development in this region, but more strong studies are needed.

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“…Research context -tourism development as a determinant of national competitiveness 'Tourism role in the economy is a very important one, being a provider of many employment opportunities, and an important part of the production process that takes place in the economy on any country' (Surugiu, Leitão, and Surugiu, 2011). The development of the tourism industry is especially relevant for underdeveloped countries and developing countries.…”

Section: Introductionmentioning

confidence: 99%

Homogeneity analysis of south-eastern European countries according to tourism competitiveness performances

Jovanović

Milic

Krstić

2014

Economic Research-Ekonomska Istraživanja

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The purpose of this research is to analyse the competitiveness of south-eastern Europe (SEE) countries with the help of The Travel and Tourism Competitiveness Index (TTCI) and The Global Competitiveness Index (GCI), as well as to explore the correlation and mutual influence of these two indices. The aim is to explore the homogeneity of SEE countries according to tourism competitiveness performance. The research was conducted on the basis of secondary data sources and statistical methods, with emphasis on the cluster analysis. Structurally, the article is composed of the following parts: Analyses of the competitiveness of SEE countries according to GCI and TTCI, exploration of SEE countries homogeneity according to the GCI and the TTCI sub-indices, as well as according to the pillars within the TTCI. The research results indicate that there exists a high correlation between the TTCI and GCI, as well as that SEE countries are not homogenous according to these indices. The research provides the initial framework for benchmarking the tourism performance of different countries, and determination of objectives and strategies for improving tourism competitiveness.

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A Panel Data Modelling of International Tourism Demand: Evidences for Romania

Abstract: This paper analysis the determinants of international tourism demand for

Cited by 40 publications

References 22 publications

Is Tourism Development a Sustainable Economic Growth Strategy in the Long Run? Evidence from GCC Countries

Is Tourism Development a Sustainable Economic Growth Strategy in the Long Run? Evidence from GCC Countries

Portuguese Airport Efficiency Analysis: The Case Study of Oporto

Homogeneity analysis of south-eastern European countries according to tourism competitiveness performances

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