TOURISM AND ECONOMIC DEVELOPMENT IN MEDITERRANEAN SEA BASIN COUNTRIES: A PANEL DATA ANALYSIS

Journal Title: VADYBA - Year 2011, Vol 19, Issue 2

Abstract

In this paper, the long run relationship between tourism receipts per capita and gross domestic products (GDP) per capita is examined for a sample of 18 Mediterranean basin countries for 1995-2009 period using recently developed panel unit root tests and error-correction based panel cointegration techniques. The results of the tests suggest that tourism receipts per capita and GDP per capita are cointegrated and tourism receipts is the source of GDP for those countries in long run term.

Authors and Affiliations

Canan Eryiğit, Mehmet Eryiğit

Keywords

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  • EP ID EP462371
  • DOI -
  • Views 120
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How To Cite

Canan Eryiğit, Mehmet Eryiğit (2011). TOURISM AND ECONOMIC DEVELOPMENT IN MEDITERRANEAN SEA BASIN COUNTRIES: A PANEL DATA ANALYSIS. VADYBA, 19(2), 87-92. https://europub.co.uk/articles/-A-462371