A note on the human capital and tourism growth nexus: a semi-parametric approach

IF 0.9 Q3 ECONOMICS

Economics and Business Letters Pub Date : 2022-04-18 DOI:10.17811/ebl.11.2.2022.79-87

M. Polemis, Aikaterina Oikonomou

引用次数: 1

Abstract

We investigate the impact of human capital on tourism growth by using a semi-parametric fixed effects estimator developed in Baltagi and Li (2002). The results shed new light on the existing literature since they unveil strong non-linear effects of human capital on tourism growth. Furthermore, we uncover a non-monotonic “M-shaped” curve between human capital and growth when we impose the assumption of imperfect labor substitutability.

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关于人力资本和旅游增长关系的说明:半参数方法

我们使用Baltagi和Li（2002）开发的半参数固定效应估计器研究了人力资本对旅游业增长的影响。研究结果揭示了人力资本对旅游业增长的强烈非线性影响，为现有文献提供了新的线索。此外，当我们强加不完全劳动力可替代性的假设时，我们发现了人力资本与增长之间的非单调“M形”曲线。

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

Economics and Business Letters ECONOMICS-

CiteScore

1.80

自引率

11.10%

发文量

期刊介绍： Economics and Business Letters is an open access journal that publishes both theoretical and empirical quality original papers in all economics and business fields. In addition, relevant discussions on current policy issues will be considered for the Policy Watch section. As general strategy of EBL, the journal will launch calls for papers for special issues on topics of interest, generally with invited guest editors. The maximum length of the letters is limited to 2,500 words.