Answers are grounded in this paper and cite their sources.
This study examines whether structural breaks matter in the tourism-growth nexus. We estimated annual and quarterly data for the world’s top 10 tourism destinations between 1995 and 2020 using the structural break, Fixed Effects and Feasible Generalised Least Square (FGLS) approaches. This study provides evidence of structural fractures in the relationship between tourism (in the lead) and economic growth.
No takes yet. Share an insight, caveat, or question.
Raifu et al. (2024) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: