Tourism and growth: the times they are a-changing

Nikolaos Antonakakis, Mina Dragouni, George Filis

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    Abstract

    This research note investigates the time-varying relationship between tourism and economic growth in Europe. A considerable body of literature attempts to disentangle the connective strands and lines of causality between tourism and the economy. Some authors maintain that tourism leads to economic growth, while others support its antithesis (i.e. it is the economic growth that stimulates tourism growth). There are also several studies which suggest either a bidirectional relationship between tourism and the economy or no relationship at all.
    Original languageEnglish
    Pages (from-to)165-169
    JournalAnnals of Tourism Research
    Volume50
    Early online date1 Dec 2014
    DOIs
    Publication statusPublished - Jan 2015

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