Importing to feed international tourists: Growth implications for islands across the globe
Francis Baidoo,
Lei Pan,
Vera Ogeh Lassey Fiador
et al.
Abstract:The expansion of inbound tourism among global islands, amidst relatively inadequate supporting tradable goods, potentially triggers high merchandise imports, resulting in an indeterminate impact on economic growth. Employing fixed and random effects estimation techniques on five-year-non-overlapping-averaged data, covering 1980 through 2019, this study, firstly, investigates the potential bi-causal relationship between inbound tourism and merchandise imports, in the case of 45 sovereign islands. The economic g… Show more
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