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

IF 4.6 Q2 MATERIALS SCIENCE, BIOMATERIALS

ACS Applied Bio Materials 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

ACS Applied Bio Materials Chemistry-Chemistry (all)

CiteScore

9.40

自引率

2.10%

发文量

464

期刊介绍： ACS Applied Bio Materials is an interdisciplinary journal publishing original research covering all aspects of biomaterials and biointerfaces including and beyond the traditional biosensing, biomedical and therapeutic applications. The journal is devoted to reports of new and original experimental and theoretical research of an applied nature that integrates knowledge in the areas of materials, engineering, physics, bioscience, and chemistry into important bio applications. The journal is specifically interested in work that addresses the relationship between structure and function and assesses the stability and degradation of materials under relevant environmental and biological conditions.