919
Views
54
CrossRef citations to date
0
Altmetric
Articles

A nonlinear approach to the tourism-led growth hypothesis: the case of the MERCOSUR

, , &
Pages 647-666 | Received 08 Feb 2013, Accepted 01 May 2013, Published online: 02 Sep 2013

References

  • Balassa, B. (1978). Exports and economic growth: Further evidence. Journal of Development Economics, 5, 181–189. doi: 10.1016/0304-3878(78)90006-8
  • Blake, A., Sinclair, T. M., & Campos Soria, J. A. (2006). Tourism productivity. Evidence from the United Kingdom. Annals of Tourism Research, 33(4), 1099–1120. doi: 10.1016/j.annals.2006.06.001
  • Breitung, J. (2001). Rank test for nonlinear cointegration. Journal of Business & Economics Statistics, 19(3), 331–340. doi: 10.1198/073500101681019981
  • Breitung, J. (2002). Nonparametric tests for unit roots and cointegration. Journal of Econometrics, 108, 343–363. doi: 10.1016/S0304-4076(01)00139-7
  • Brida, J. G., Lanzilotta, B., Lionetti, S., & Risso, W. A. (2010). The tourism-led-growth hypothesis for Uruguay. Tourism Economics, 16(3), 765–771. doi: 10.5367/000000010792278356
  • Brida, J. G., Pereyra, J. S., Pulina, M., & Such, M. J. (2012). Causalidad entre turismo y crecimiento económico de largo plazo: una revisión crítica de la literatura econométrica. INNOVAR, 23(47), 1–24.
  • Brida, J. G., Pereyra, S. J., Risso, W. A., Such Devesa, M. J., & Zapata Aguirrre, S. (2009). The tourism-led growth hypothesis: Empirical evidence from Colombia. Tourismos: An International Multidisciplinary Journal of Tourism, 4(2), 13–27.
  • Brida, J. G., & Pulina, M. (2010). A literature review on the tourism-led-growth hypothesis (Working Paper 2010–17). CRENoS, Cagliari & Sassari University.
  • Brida, J. G., Punzo, L., & Risso, W. A. (2011). Tourism as a factor of growth-the case of Brazil. Tourism Economics, 17(6), 1375–1386. doi: 10.5367/te.2011.0094
  • Brida, J. G., & Risso, W. A. (2009). Tourism as a factor of long-run economic growth: An empirical analysis for Chile. European Journal of Tourism Research, 2(2), 178–185.
  • Chang, C.-L., Khamkaew, T., and McAleer, M. (2009). A panel threshold model of tourism specialization and economic development. Retrieved April 2, 2013, from http://ssrn.com/abstract=1496324
  • Eugenio-Martin, J. L., Martín Morales, N., & Scarpa, R. (2004). Tourism and economic growth in Latin American countries: A panel data approach (FEEM Working Paper No. 26. 2004). Retrieved April 2, 2013, from http://ssrn.com/abstract=504482 or http://dx.doi.org/10.2139/ssrn.504482
  • Fayissa, B., Nsiah, C., & Tadesse, B. (2011). Tourism and economic growth in Latin American countries – further empirical evidence. Tourism Economics, 17(6), 1365–1373. doi: 10.5367/te.2011.0095
  • Gardella, R., & Aguayo, E. (2002). Impacto economico del turismo en el Mercosur y Chile (1990–2000). Estudios Económicos de Desarrollo Internacional, 2(1), 27–49.
  • Hendry, D. F., & Juselius, K. (2000). Explaining cointegration analysis: Part 1. The Energy Journal, 21(1), 1–42. doi: 10.5547/ISSN0195-6574-EJ-Vol21-No1-1
  • Hendry, D. F., & Juselius, K. (2001). Explaining cointegration analysis: Part II. The Energy Journal, 22(1), 75–120. doi: 10.5547/ISSN0195-6574-EJ-Vol22-No1-4
  • Holmes, J. M., & Hutton, P. A. (1990). On the causal relationship between government expenditures and national income. The Review of Economics and Statistics, 72(1), 87–95. doi: 10.2307/2109743
  • Holzner, M. (2011). Tourism and economic development: The beach disease?. Tourism Management, 32, 922–933. doi: 10.1016/j.tourman.2010.08.007
  • Johansen, S. (1988). Statistical analysis of cointegration vectors. Journal of Economic Dynamics and Control, 12(2–3), 231–254. doi: 10.1016/0165-1889(88)90041-3
  • Johansen, S., & Juselius, K. (1990). Some structural hypotheses in a multivariate cointegration analysis of the purchasing power parity and the uncovered interest parity for UK (Discussion Papers 90-05). Department of Economics, University of Copenhagen.
  • Lee, C.-C., & Chang, C.-P. (2008). Tourism development and economic growth: Closer look to panels. Tourism Management, 29, 180–192. doi: 10.1016/j.tourman.2007.02.013
  • Oh, C.-O. (2005). The contribution of tourism development to economic growth in the Korean economy. Tourism Management, 26, 39–44. doi: 10.1016/j.tourman.2003.09.014
  • Payne, J., & Mervar, A. (2010). The tourism–growth nexus in Croatia. Tourism Economics, 16(4), 1089–1094. doi: 10.5367/te.2010.0014
  • Po, W., & Huang, B. (2008). Tourism development and economic growth – A nonlinear approach. Physica A, 387, 5535–5542. doi: 10.1016/j.physa.2008.05.037
  • Sequeira, T. N., & Nunes, P. M. (2008). Does tourism influence economic growth? A dynamic panel data approach. Applied Economics, 40, 2431–2441. doi: 10.1080/00036840600949520
  • Sgro, P., & Hazari, B. (1995). Tourism and growth in a dynamic model of trade. The Journal of International Trade and Economic Development, 4, 243–252. doi: 10.1080/09638199500000019
  • Stock, J. H., & Watson, M. W. (1993). A simple estimator of cointegrating vectors in higher order integrated systems. Econometrica, 61(4), 783–820. doi: 10.2307/2951763
  • Tang, H. C.-H., & Jang, S. S. (2009). The tourism-economy causality in the United States: A sub-industry level examination. Tourism Management, 30, 553–558. doi: 10.1016/j.tourman.2008.09.009
  • UNWTO. (2011). UNWTO Annual Report 2010: A year of recovery. Retrieved April 2, 2013, from http://media.unwto.org/sites/all/files/pdf/finalannualreportpdf.pdf
  • WTTC. (2013a). Travel & tourism. Economic impact 2013, country reports: Argentina. Retrieved April 16, 2013, from http://www.wttc.org/site_media/uploads/downloads/argentina2013.pdf
  • WTTC. (2013b). Travel & tourism. Economic impact 2013, country reports: Brazil. Retrieved April 16, 2013, from http://www.wttc.org/site_media/uploads/downloads/brazil2013.pdf
  • WTTC. (2013c). Travel & tourism. Economic impact 2013, country reports: Paraguay. Retrieved April 16, 2013, from http://www.wttc.org/site_media/uploads/downloads/paraguay2013_2.pdf
  • WTTC. (2013d). Travel & tourism. Economic impact 2013, country reports: Uruguay. Retrieved April 16, 2013, from http://www.wttc.org/site_media/uploads/downloads/uruguay2013.pdf
  • Ye Lim, S., Ghazali, M., & Mun Ho, C. (2011). Export and economic growth in Southeast Asia current newly industrialized countries: Evidence from nonparametric approach. Economics Bulletin, 31(3), 2683–2693.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.