Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/54079 
Erscheinungsjahr: 
2011
Schriftenreihe/Nr.: 
WIDER Working Paper No. 2011/33
Verlag: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Zusammenfassung: 
Using a panel vector autoregressive model this paper investigates the dynamic and endogeneous contribution of tourism to output based on a sample of 40 African countries for the period 1990 - 2006. Results from the study confirm tourism to be an important ingredient of African development although private investment, openness, and human capital remain the main drivers. Further analysis reveals the existence of a reverse causation from national income to tourism development, thus confirming both tourism-led economic development and economic-driven tourism growth. Tourism is also observed to enhance private investment and the presence of bicausality between private investment, education, and income level is observed.
Schlagwörter: 
tourism
economic growth
Africa
panel vector autoregression
JEL: 
C23
O11
ISBN: 
978-92-9230-398-3
Dokumentart: 
Working Paper

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