The nexus of tourism spending with economic performance: A panel data analysis for the Eurozone area
The paper investigates the nexus of tourism spending (i.e. leisure and business tourism spending) with economic performance (i.e. GDP and employment) for the Eurozone countries, during the period 2000-2018, employing sophisticated panel data analysis techniques. The issue is salient, given that with...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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University of Novi Sad, Department of Geography, Tourism and Hotel Management
2021-01-01
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| Series: | Geographica Pannonica |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/0354-8724/2021/0354-87242101053A.pdf |
| _version_ | 1818986129341284352 |
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| author | Anagnostou Ageliki Ekonomou George Kallioras Dimitris |
| author_facet | Anagnostou Ageliki Ekonomou George Kallioras Dimitris |
| author_sort | Anagnostou Ageliki |
| collection | DOAJ |
| description | The paper investigates the nexus of tourism spending (i.e. leisure and business tourism spending) with economic performance (i.e. GDP and employment) for the Eurozone countries, during the period 2000-2018, employing sophisticated panel data analysis techniques. The issue is salient, given that within the Eurozone economic space the abolition of border impediments has released dynamics and brought into surface a new mix of opportunities, threats and challenges that has been changing the balance between centripetal and centrifugal forces. The findings of the paper identify the long-run equilibrium and confirm the bi-directional relationships among the variables considered, thus contributing to the discussion on the relationship between tourism and economic performance. |
| first_indexed | 2024-12-20T18:45:53Z |
| format | Article |
| id | doaj.art-47adca1a5e9349d4944974bf9660e745 |
| institution | Directory Open Access Journal |
| issn | 0354-8724 1820-7138 |
| language | English |
| last_indexed | 2024-12-20T18:45:53Z |
| publishDate | 2021-01-01 |
| publisher | University of Novi Sad, Department of Geography, Tourism and Hotel Management |
| record_format | Article |
| series | Geographica Pannonica |
| spelling | doaj.art-47adca1a5e9349d4944974bf9660e7452022-12-21T19:29:42ZengUniversity of Novi Sad, Department of Geography, Tourism and Hotel ManagementGeographica Pannonica0354-87241820-71382021-01-01251536210.5937/gp25-295410354-87242101053AThe nexus of tourism spending with economic performance: A panel data analysis for the Eurozone areaAnagnostou Ageliki0Ekonomou George1Kallioras Dimitris2https://orcid.org/0000-0003-3060-3745University of Thessaly, Department of Economics, GreeceAgricultural University of Athens, Department of Management Economy and Communications of Cultural and Tourism Units, GreeceUniversity of Thessaly, Department of Planning and Regional Development, Volos, GreeceThe paper investigates the nexus of tourism spending (i.e. leisure and business tourism spending) with economic performance (i.e. GDP and employment) for the Eurozone countries, during the period 2000-2018, employing sophisticated panel data analysis techniques. The issue is salient, given that within the Eurozone economic space the abolition of border impediments has released dynamics and brought into surface a new mix of opportunities, threats and challenges that has been changing the balance between centripetal and centrifugal forces. The findings of the paper identify the long-run equilibrium and confirm the bi-directional relationships among the variables considered, thus contributing to the discussion on the relationship between tourism and economic performance.https://scindeks-clanci.ceon.rs/data/pdf/0354-8724/2021/0354-87242101053A.pdfbusiness tourism spendingleisure tourism spendinggdpemploymentpanel data analysiseurozone area |
| spellingShingle | Anagnostou Ageliki Ekonomou George Kallioras Dimitris The nexus of tourism spending with economic performance: A panel data analysis for the Eurozone area Geographica Pannonica business tourism spending leisure tourism spending gdp employment panel data analysis eurozone area |
| title | The nexus of tourism spending with economic performance: A panel data analysis for the Eurozone area |
| title_full | The nexus of tourism spending with economic performance: A panel data analysis for the Eurozone area |
| title_fullStr | The nexus of tourism spending with economic performance: A panel data analysis for the Eurozone area |
| title_full_unstemmed | The nexus of tourism spending with economic performance: A panel data analysis for the Eurozone area |
| title_short | The nexus of tourism spending with economic performance: A panel data analysis for the Eurozone area |
| title_sort | nexus of tourism spending with economic performance a panel data analysis for the eurozone area |
| topic | business tourism spending leisure tourism spending gdp employment panel data analysis eurozone area |
| url | https://scindeks-clanci.ceon.rs/data/pdf/0354-8724/2021/0354-87242101053A.pdf |
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