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Modeling the link between tourism and economic development: evidence from homogeneous panels of countries

Economics

Modeling the link between tourism and economic development: evidence from homogeneous panels of countries

P. J. Cárdenas-garcía, J. G. Brida, et al.

This intriguing study conducted by Pablo Juan Cárdenas-García, Juan Gabriel Brida, and Verónica Segarra explores the complex dynamics between tourism and economic development across 123 countries from 1995 to 2019. The findings reveal surprising one-way causal relationships that vary significantly based on levels of tourism specialization and development. Discover the nuances behind these insights!

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