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Tourism and Economic Growth in Mediterranean Region: Dynamic Panel Data Approach

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  • Šimundić Blanka

    (PhD, Viši asistent, Sveučilište u Splitu, Ekonomski fakultet, Katedra za ekonomiku nacionalnog gospodarstva)

  • Kuliš Zvonimir

Abstract

The Mediterranean region is one of the leading tourism regions in the world accounting for one third of global tourism receipts and half of global tourism arrivals. This paper aims at providing evidence that tourism can be considered as determinant of economic growth in the Mediterranean region. The results support the postulates of tourism led growth hypothesis, thus giving to the policymakers endorses for improving the tourism competitiveness conditions that will boost the economic growth.

Suggested Citation

  • Šimundić Blanka & Kuliš Zvonimir, 2016. "Tourism and Economic Growth in Mediterranean Region: Dynamic Panel Data Approach," Acta Economica Et Turistica, Sciendo, vol. 2(1), pages 65-84, September.
    • Handle: RePEc:vrs:acectu:v:2:y:2016:i:1:p:65-84:n:5
    DOI: 10.1515/aet-2016-0005
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    References listed on IDEAS

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    1. Guido Candela & Paolo Figini, 2012. "The Economics of Tourism Destinations," Springer Texts in Business and Economics, in: The Economics of Tourism Destinations, edition 127, chapter 0, pages 73-130, Springer.
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    Cited by:

    1. Trinajstic, Masa & Baresa, Suzana & Bogdan, Sinisa, 2018. "Regional Economic Growth And Tourism: A Panel Data Approach," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 9(2), pages 145-155.
    2. Uzma Khan, 2020. "Does Tourism Boost Economic Growth: Evidence from Italy," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 214-222.

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