Tourism industry and employment generation in emerging seven economies: evidence from novel panel methods

References

• Ahmed, K., Mahalik, M. K., & Shahbaz, M. (2016). Dynamics between economic growth, labor, capital and natural resource abundance in Iran: An application of the combined cointegration approach. Resources Policy, 49, 213–221. https://doi.org/10.1016/j.resourpol.2016.06.005
   Web of Science ®Google Scholar
• Ajaga, E., & Nunnenkamp, P. (2008). Inward FDI, value added and employment in US states: A panel cointegration approach (No. 1420). Kiel Working Paper. https://doi.org/10.1016/j.hdl.handle.net/10419/4290
   Google Scholar
• Archer, B., & Fletcher, J. (1996). The economic impact of tourism in the Seychelles. Annals of Tourism Research, 23(1), 32–47. https://doi.org/10.1016/0160-7383(95)00041-0
   Web of Science ®Google Scholar
• Audretsch, D. B., & Belitski, M. (2020). The role of R&D and knowledge spillovers in innovation and productivity. European Economic Review, 123, 103391. https://doi.org/10.1016/j.euroecorev.2020.103391
   Web of Science ®Google Scholar
• Badeeb, R. A., Lean, H. H., & Clark, J. (2017). The evolution of the natural resource curse thesis: A critical literature survey. Resources Policy, 51, 123–134. https://doi.org/10.1016/j.resourpol.2016.10.015
   Web of Science ®Google Scholar
• Bayar, Y., & Sasmaz, M. U. (2017). Impact of foreign direct investments on unemployment in emerging market economies: A co-integration analysis. International Journal of Business and Economic Sciences Applied Research (IJBESAR), 10(3)
   Google Scholar
• Ben-Salha, O., Dachraoui, H., & Sebri, M. (2021). Natural resource rents and economic growth in the top resource-abundant countries: A PMG estimation. Resources Policy, 74, 101229. https://doi.org/10.1016/j.resourpol.2018.07.005
   Web of Science ®Google Scholar
• Berggren, N., & Bjørnskov, C. (2020). Institutions and life satisfaction. Handbook of Labor, Human Resources and Population Economics. 1–48.
   Google Scholar
• Breitung, J. (2001). The local power of some unit root tests for panel data. In Nonstationary panels, panel cointegration, and dynamic panels. Emerald Group Publishing Limited.
   Google Scholar
• Calvino, F., & Virgillito, M. E. (2018). The innovation‐employment nexus: A critical survey of theory and empirics. Journal of Economic Surveys, 32(1), 83–117. https://doi.org/10.1111/joes.12190
   Web of Science ®Google Scholar
• Choi, I. (2001). Unit root tests for panel data. Journal of International Money and Finance, 20(2), 249–272. https://doi.org/10.1016/S0261-5606(00)00048-6
   Web of Science ®Google Scholar
• Coad, A., & Rao, R. (2011). The firm-level employment effects of innovations in high-tech US manufacturing industries. Journal of Evolutionary Economics, 21(2), 255–283. https://doi.org/10.1007/s00191-010-0209-x
   Web of Science ®Google Scholar
• Condratov, I. (2017). The relation between tourism and unemployment: A panel data approach. Revista de turism-studii si cercetari in turism(23).
   Google Scholar
• Craigwell, R. (2006). Foreign direct investment and employment in the English and Dutch-speaking Caribbean. ILO Subregional Office for the Caribbean
   Google Scholar
• Darrat, A. F. (1986). Trade and development: The Asian experience. Cato J, 6, 695.
   Google Scholar
• Dodaro, S. (1993). Exports and growth: A reconsideration of causality. The Journal of Developing Areas, 27(2), 227–244.
   Google Scholar
• Dogan, E., Majeed, M. T., & Luni, T. (2021). Analyzing the impacts of geopolitical risk and economic uncertainty on natural resources rents. Resources Policy, 72, 102056. https://doi.org/10.1016/j.resourpol.2021.102056
   Web of Science ®Google Scholar
• Eregha, P. B., & Mesagan, E. P. (2016). Oil resource abundance, institutions and growth: Evidence from oil producing African countries. Journal of Policy Modeling, 38(3), 603–619. https://doi.org/10.1016/j.jpolmod.2016.03.013
   Web of Science ®Google Scholar
• Ernst, C. (2005). The FDI–employment link in a globalizing world: The case of Argentina, Brazil and Mexico. Employment Strategy Papers, 17, 1–45.
   Google Scholar
• Farver, J. A. M. (1984). Tourism and employment in the Gambia. Annals of Tourism Research, 11(2), 249–265. https://doi.org/10.1016/0160-7383(84)90073-2
   Web of Science ®Google Scholar
• Feder, C. (2018). The effects of disruptive innovations on productivity. Technological Forecasting and Social Change, 126(C), 186–193. https://doi.org/10.1016/j.techfore.2017.05.009
   Google Scholar
• Girma, S. (2005). Safeguarding jobs? Acquisition FDI and employment dynamics in UK manufacturing. Review of World Economics, 141(1), 165–178. https://doi.org/10.1007/s10290-005-0020-1
   Web of Science ®Google Scholar
• Greenan, N., & Guellec, D. (2000). Technological innovation and employment reallocation. Labour, 14(4), 547–590. https://doi.org/10.1111/1467-9914.00146
   Google Scholar
• Gross, C. (2012). Explaining the (non-) causality between energy and economic growth in the US—A multivariate sectoral analysis. Energy Economics, 34(2), 489–499. https://doi.org/10.1016/j.eneco.2011.12.002
   Web of Science ®Google Scholar
• Hamit-Haggar, M. (2012). Greenhouse gas emissions, energy consumption and economic growth: A panel cointegration analysis from Canadian industrial sector perspective. Energy Economics, 34(1), 358–364. https://doi.org/10.1016/j.eneco.2011.06.005
   Web of Science ®Google Scholar
• Higgins-Desbiolles, F. (2018). Sustainable tourism: Sustaining tourism or something more? Tourism Management Perspectives, 25, 157–160. https://doi.org/10.1016/j.tmp.2017.11.017
   Web of Science ®Google Scholar
• Honari, H., Goudarzi, M., Heidari, A., & Emami, A. (2010). A comparison of the viewpoints of tourists, interested managers and cultural heritage organization managers regarding sport tourism-driven job and income creation in Mazandaran-Iran. Procedia - Social and Behavioral Sciences, 2(2), 5659–5663. https://doi.org/10.1016/j.sbspro.2010.03.924
   Google Scholar
• Hou, L., Li, Q., Wang, Y., & Yang, X. (2021). Wages, labor quality, and FDI inflows: A new non-linear approach. Economic Modelling, 102, 105557. https://doi.org/10.1016/j.econmod.2021.105557
   Web of Science ®Google Scholar
• Hurlin, C., & Dumitrescu, E. (2008). (). Testing for Granger non causality in heterogeneous panels. Department of Economics, University of Orleans Working Paper, 1–32.
   Google Scholar
• Im, K. S., Pesaran, M. H., & Shin, Y. (2003). Testing for unit roots in heterogeneous panels. Journal of Econometrics, 115(1), 53–74. https://doi.org/10.1016/S0304-4076(03)00092-7
   Web of Science ®Google Scholar
• Jayaraman, T. K., & Singh, B. (2007). Foreign direct investment and employment creation in Pacific Island countries: An empirical study of Fiji Retrieved from
   Google Scholar
• Johnson, P., & Thomas, B. (1990). Employment in tourism: A review. Industrial Relations Journal, 21(1), 36–48. https://doi.org/10.1111/j.1468-2338.1990.tb00085.x
   Google Scholar
• Kao, C. (1999). Spurious regression and residual-based tests for cointegration in panel data. Journal of Econometrics, 90(1), 1–44. https://doi.org/10.1016/S0304-4076(98)00023-2
   Web of Science ®Google Scholar
• Karlsson, S., Lundin, N., Sjöholm, F., & He, P. (2009). Foreign firms and Chinese employment. World Economy, 32(1), 178–201. https://doi.org/10.1111/j.1467-9701.2009.01162.x
   Web of Science ®Google Scholar
• Khan, Z., Ali, S., Dong, K., & Li, R. Y. M. (2021). How does fiscal decentralization affect CO2 emissions? The roles of institutions and human capital. Energy Economics, 94, 105060. https://doi.org/10.1016/j.eneco.2020.105060
   Web of Science ®Google Scholar
• Levin, A., Lin, C.-F., & Chu, C.-S J. (2002). Unit root tests in panel data: Asymptotic and finite-sample properties. Journal of Econometrics, 108(1), 1–24. https://doi.org/10.1016/S0304-4076(01)00098-7
   Web of Science ®Google Scholar
• Gómez López, C. S., & Barrón Arreola, K. S. (2019). Impacts of tourism and the generation of employment in Mexico. Journal of Tourism Analysis: Revista de Análisis Turístico, 26(2), 94–114.
   Google Scholar
• Maddala, G. S., & Wu, S. (1999). A comparative study of unit root tests with panel data and a new simple test. Oxford Bulletin of Economics and Statistics, 61(S1), 631–652. https://doi.org/10.1111/1468-0084.0610s1631
   Google Scholar
• Mamoon, M., & Rahman, A. F. M. A. (2016). Effects of Foreign Direct Investment (FDI) on Bangladeshi Labor Market. World Review of Business Research, 6(3), 46–60.
   Google Scholar
• Manzoor, F., Wei, L., Asif, M., Haq, M. Z. u., & Rehman, H. U. (2019). The contribution of sustainable tourism to economic growth and employment in Pakistan. International Journal of Environmental Research and Public Health, 16(19), 3785. https://doi.org/10.3390/ijerph16193785
   PubMed Web of Science ®Google Scholar
• Mathieson, A., & Wall, G. (1982). Tourism, economic, physical and social impacts. Longman.
   Google Scholar
• Mello, S. L. d M., Ludolf, N. V. E., Quelhas, O. L. G., & Meiriño, M. J. (2020). Innovation in the digital era: New labor market and educational changes. Ensaio: Avaliação e Políticas Públicas em Educação, 28(106), 66–87. https://doi.org/10.1590/s0104-40362019002702511
   Google Scholar
• Mhlanga, O. (2020). The innovation-employment nexus: An analysis of the impact of Airbnb on hotel employment. Journal of Hospitality and Tourism Technology, 11(3), 407–423. https://doi.org/10.1108/JHTT-09-2019-0111
   Web of Science ®Google Scholar
• Najafi-Tavani, S., Najafi-Tavani, Z., Naudé, P., Oghazi, P., & Zeynaloo, E. (2018). How collaborative innovation networks affect new product performance: Product innovation capability, process innovation capability, and absorptive capacity. Industrial Marketing Management, 73, 193–205. https://doi.org/10.1016/j.indmarman.2018.02.009
   Web of Science ®Google Scholar
• Onder, K., & Durgun, A. (2008). Effects of tourism sector on the employment in Turkey: An Econometric Application.
   Google Scholar
• Ozcan, B. (2013). The nexus between carbon emissions, energy consumption and economic growth in Middle East countries: A panel data analysis. Energy Policy, 62, 1138–1147. https://doi.org/10.1016/j.enpol.2013.07.016
   Web of Science ®Google Scholar
• Ozcan, B., & Apergis, N. (2018). The impact of internet use on air pollution: Evidence from emerging countries. Environmental Science and Pollution Research International, 25(5), 4174–4189. https://doi.org/10.1007/s11356-017-0825-1
   PubMed Web of Science ®Google Scholar
• Pavlić, I., Tolić, M. Š., & Svilokos, T. (2013). Impact of tourism on the employment in Croatia. Paper presented at the Recent advances in business management and marketing. Proceedings of the 1st International Conference on Management, Marketing Tourism, Retail, Finance and Computer Application (MATREFC’13) pp.
   Google Scholar
• Pedroni, P. (2001). Fully modified OLS for heterogeneous cointegrated panels. In Nonstationary panels, panel cointegration, and dynamic panels. Emerald Group Publishing Limited.
   Google Scholar
• Pesaran, M. H., & Smith, R. (1995). Estimating long-run relationships from dynamic heterogeneous panels. Journal of Econometrics, 68(1), 79–113. https://doi.org/10.1016/0304-4076(94)01644-F
   Web of Science ®Google Scholar
• Phillips, P. C., & Hansen, B. E. (1990). Statistical inference in instrumental variables regression with I (1) processes. The Review of Economic Studies, 57(1), 99–125. https://doi.org/10.2307/2297545
   Web of Science ®Google Scholar
• Piva, M., & Vivarelli, M. (2018). Is innovation destroying jobs? Firm-level evidence from the EU. Sustainability, 10(4), 1279. https://doi.org/10.3390/su10041279
   Web of Science ®Google Scholar
• Rong, S., Liu, K., Huang, S., & Zhang, Q. (2020). FDI, labor market flexibility and employment in China. China Economic Review, 61, 101449. https://doi.org/10.1016/j.chieco.2020.101449
   Web of Science ®Google Scholar
• Siddharthan, N., & Narayanan, K. (2020). FDI, Technology and Innovation Springer.
   Google Scholar
• Strat, V. A., Davidescu, A., & Paul, A. M. (2015). FDI and the unemployment-a causality analysis for the latest EU members. Procedia Economics and Finance, 23, 635–643. https://doi.org/10.1016/S2212-5671(15)00448-7
   Google Scholar
• Su, C.-W., Yuan, X., Umar, M., & Lobonţ, O.-R. (2022). Does technological innovation bring destruction or creation to the labor market? Technology in Society, 68, 101905. https://doi.org/10.1016/j.techsoc.2022.101905
   Web of Science ®Google Scholar
• Suyunov, A. (2022). Do foreign direct investments and bank credits affect employment in Uzbekistan? Journal of Economics and Development, 24(2), 98–111. https://doi.org/10.1108/JED-06-2021-0082
   Google Scholar
• Tufail, M., Song, L., Adebayo, T. S., Kirikkaleli, D., & Khan, S. (2021). Do fiscal decentralization and natural resources rent curb carbon emissions? Evidence from developed countries. Environmental Science and Pollution Research International, 28(35), 49179–49190. https://doi.org/10.1007/s11356-021-13865-y
   PubMed Web of Science ®Google Scholar
• Tufail, M., Song, L., Umut, A., Ismailova, N., & Kuldasheva, Z. (2022). Does financial inclusion promote a green economic system? Evaluating the role of energy efficiency. Economic Research-Ekonomska Istraživanja, 35(1), 6780–6800. https://doi.org/10.1080/1331677X.2022.2053363
   Web of Science ®Google Scholar
• Van Roy, V., Vértesy, D., & Vivarelli, M. (2018). Technology and employment: Mass unemployment or job creation? Empirical evidence from European patenting firms. Research Policy, 47(9), 1762–1776. https://doi.org/10.1016/j.respol.2018.06.008
   Web of Science ®Google Scholar
• Vanhove, N. (1981). Tourism and employment. International Journal of Tourism Management, 2(3), 162–175. https://doi.org/10.1016/0143-2516(81)90003-7
   Google Scholar
• Vázquez Vicente, G., Martín Barroso, V., & Blanco Jiménez, F. J. (2021). Sustainable tourism, economic growth and employment—The case of the wine routes of Spain. Sustainability, 13(13), 7164. https://doi.org/10.3390/su13137164
   Web of Science ®Google Scholar
• Zhu, C., Qiu, Z., & Liu, F. (2021). Does innovation stimulate employment? Evidence from China. Economic Modelling, 94, 1007–1017. https://doi.org/10.1016/j.econmod.2020.02.041
   Web of Science ®Google Scholar