Is Tourism-Led-Growth Hypothesis Valid in the Presence of Structural Breaks?

IF 2 Q2 HOSPITALITY, LEISURE, SPORT & TOURISM

Tourism Pub Date : 2024-04-03 DOI:10.37741/t.72.2.11

I. Raifu

引用次数: 0

Abstract

This study revisited the tourism-led growth hypothesis (TLGH) in the presence of structural breaks using the structural break technique of Ditzen et al. (2021). To estimate the impact of tourism on economic growth along the identified structural breaks, we employed Fixed Effects and Feasible Generalised Least Squares methods. Findings showed four structural break dates (1999, 2004, 2009 and 2014), two of which coincided with the Global Financial Crisis (2008-2009) and the Ebola outbreak (2014). Despite the presence of structural breaks, the TLGH remains valid.

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在存在结构性断裂的情况下，旅游业带动增长的假说是否有效？

本研究采用 Ditzen 等人（2021 年）的结构断裂技术，在存在结构断裂的情况下重新审视了旅游带动增长假说（TLGH）。为了估算旅游业对经济增长的影响，我们采用了固定效应法和可行广义最小二乘法。研究结果显示了四个结构性中断日期（1999 年、2004 年、2009 年和 2014 年），其中两个与全球金融危机（2008-2009 年）和埃博拉疫情（2014 年）相吻合。尽管存在结构性中断，但 TLGH 仍然有效。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Tourism HOSPITALITY, LEISURE, SPORT & TOURISM-

CiteScore

3.10

自引率

17.60%

发文量

审稿时长

24 weeks

期刊介绍： Journal TOURISM is an international academic and professional quarterly which welcomes articles on various aspects of travel and tourism. Th e journal emphasises the broadness and interrelatedness of the tourism sector. Manuscripts submitted to the Journal can be processed quickly if they are prepared according to the following guidelines. Manuscripts will be returned to the author with a set of instructions if they are not submitted according to our style guide. No contribution will be accepted which has been published elsewhere, unless it is specifi cally invited or agreed by the Editor.