Preliminary communication

TOURISM AND ECONOMIC GROWTH IN MEDITERRANEAN REGION: DYNAMIC PANEL DATA APPROACH

Blanka Simnudić ; Sveučilište u Splitu
Zvonimir Kuliš

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.

Keywords

economic growth; tourism deman; mediterranean region; dynamic panel data model

Hrčak ID:

160097

URI

https://hrcak.srce.hr/160097

Publication date:

31.5.2016.

Article data in other languages: croatian

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