The tourism-led growth hypothesis: Empierical evidence from Colombia

Tourismos

Volumn 4, Issue 2, 2009, Pages 13-27

  Brida, Juan Gabriel ^a   Pereyra, Juan S ^b   Risso, Wiston Adrián ^a   Devesa, María Jesús Such ^c   Zapata Aguirre, Sandra ^d  

^a FREE UNIVERSITY OF BOLZANO   (Italy)

^b El Colegio de   (Mexico)

^c UNIVERSITY OF ALCALÁ   (Spain)

^d Epidemiology Section   (Colombia)

Author keywords

Cointegration test; Causality test; Economic growth; GDP; Tourism impacts

Indexed keywords

EID: 77952910875     PISSN: 17908418     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (18)

1. Banerjee, A., Dolado, J., Galbraith, J. & Hendry, D. (1993). Co-integration, Error-Correction, and the Econometric Analysis of the Non-Stationary Data. Oxford, University Press.
2. Brida, J.G., Pereyra, J.S. & Such, M.J. (2008a). Evaluating the Contribution of Tourism on Economic Growth. Anatolia: an International Journal of Tourism and Hospitality Research, Vol. 19, No.2 (Winter), pp.351-357.
3. Brida, J.G., Pereyra, J.S., Such, M.J. & Zapata, S. (2008b). La contribución del turismo al crecimiento económico: el caso de España, Francia, Italia, U.K. y Estados Unidos. Cuadernos de Turismo, No.22, pp.35-46.
4. Cabal, J.A. (2007). Publisher of Living and Travel Magazine, No.22, pp.4.
5. Engle, R. & Granger, C. (1987). Co-integration and Error Correction: Representation, Estimation and Testing. Econometrica, Vol. 55, pp.251-276.
6. Granger, C. (1988). Some recent developments in a concept of causality. Journal of Econometrics, Vol. 39, pp.199-211.
7. Ivanov, S. & Webster, C. (2007). Measuring the impacts of tourism on economic growth. Tourism Economics, Vol. 13, No.3, pp.379-388.
8. Johansen, S. (1995). Likelihood-based inference in co-integrated vector autoregressive models. Oxford, University Press.
9. Johansen, S. (1988). Statistical Analysis of Cointegration Vectors. Journal of Economic Dynamics and Control, Vol. 12, pp.231-254.
10. Johansen, S. & Juselius, K. (1990). Maximum Likelihood Estimation and Inference on Cointegration-with applications to the Demand for Money. Oxford Bulletin of Economics and Statistics, Vol. 52, pp.169-210.
11. McCallum, B. (1984). On Low-Frequency Estimates of Long-Run Relationships in Macroeconomics. Journal of Monetary Economics, Vol. 14, pp.3-14.
12. MCIT. (2007). Press Release. http://www.mincomercio.gov.co/eContent/
13. MCIT. (2005). Política Sectorial de Turismo. Http://www.mincomercio.gov.co/eContent/Documentos/turismo/2006
14. MCIT. (2003). Tourism Sector Plan 2003-2006. Http://www.mincomercio.gov.co/eContent/NewsDetail.asp
15. MCIT. (2003). Tourism in Colombia: A Sector Opportunities. Http://www.mincomercio.gov.co/econtent/Documentos/turismo/2003
16. MCIT. (2000). Travel Security: Challenge of Colombia competitive. Strategic Plan. Http://www.mincomercio.gov.co/eContent/documentos/turismo/2003
17. Phillips, P. (1986). Understanding Spurious Regressions in Econometrics. Journal of Econometrics, Vol. 33, pp.311-340.
18. Shan, J. & Wilson K. (2001). Causality between trade and tourism: empirical evidence from China. Applied Economics Letters, Vol. 8, pp.279-283.