THE ROLE of TOURISM AND FDI IN THE ECONOMIC GROWTH OF EU11 COUNTRIES
Электронный научный архив УРФУ
Информация об архиве | Просмотр оригинала| Поле | Значение | |
| Заглавие |
THE ROLE of TOURISM AND FDI IN THE ECONOMIC GROWTH OF EU11 COUNTRIES
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| Автор |
Sokhanvar, A.
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| Тематика |
EASTERN EUROPEAN ECONOMIES
FOREIGN DIRECT INVESTMENT INTERNATIONAL TOURISM NET EXPORTS, ECONOMIC GROWTH |
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| Описание |
Purpose - Tourism and FDI have contributed to a large extent to Central and Eastern European economies in recent decades. This paper investigates how successfully these two engines of growth have been stimulating the growth of these economies. Design/methodology/approach - Using a Pooled Mean Group estimation, this study investigates the short- and long-term effects of variations in the GDP shares of tourism and foreign investments on the economic growth rate. Findings - The results suggest that while tourism expansion is more effective in the short run, FDI has a significant positive impact on economic growth only in the long run. Originality - A new aspect of the present study is a comparison of the magnitude of the impacts of the GDP shares of international tourism and foreign investments on the economic growth rate in both the short and long run in the case of Central and Eastern Europe. Practical implications - Considering the economic structure of these countries, policy action plans for inclusive growth are suggested. © 2022 University of Rijeka. All rights reserved.
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| Дата |
2024-04-08T11:07:46Z
2024-04-08T11:07:46Z 2022 |
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| Тип |
Article
Journal article (info:eu-repo/semantics/article) Published version (info:eu-repo/semantics/publishedVersion) |
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| Идентификатор |
Sokhanvar, A 2022, 'THE ROLE of TOURISM AND FDI IN THE ECONOMIC GROWTH OF EU11 COUNTRIES', Tourism and Hospitality Management, Том. 28, № 2, стр. 343-359. https://doi.org/10.20867/thm.28.2.5
Sokhanvar, A. (2022). THE ROLE of TOURISM AND FDI IN THE ECONOMIC GROWTH OF EU11 COUNTRIES. Tourism and Hospitality Management, 28(2), 343-359. https://doi.org/10.20867/thm.28.2.5 1330-7533 Final All Open Access; Gold Open Access; Green Open Access https://doi.org/10.20867/thm.28.2.5 https://doi.org/10.20867/thm.28.2.5 http://elar.urfu.ru/handle/10995/131510 10.20867/thm.28.2.5 85138522656 000865961800005 |
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| Язык |
en
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| Права |
Open access (info:eu-repo/semantics/openAccess)
cc-by-nc-sa https://creativecommons.org/licenses/by-nc-sa/4.0/ |
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| Формат |
application/pdf
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| Издатель |
University of Rijeka
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| Источник |
Tourism and hospitality management
Tourism and Hospitality Management |
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