Tourism and Growth in The Caribbean – Evidence From a Panel Error Correction Model

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Tourism and Growth in The Caribbean – Evidence From a Panel Error Correction Model

This empirical study examines the causal relationship between tourism and economic growth for a panel of nine Caribbean countries over the period 1995–2007. Pedroni (1999, 2004) panel cointegration tests reveal a long-run equilibrium relationship between real GDP per capita, the real effective excha...

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Bibliographic Details
Main Authors:	Apergis, Nicholas, Payne, J.
Format:	Journal Article
Published:	I P Publishing Ltd. 2012
Subjects:	Real Exchange Eate Caribbean Granger-Causality Real GDP Tourism arrivals
Online Access:	http://www.ingentaconnect.com/content/ip/tec/2012/00000018/00000002/art00011 http://hdl.handle.net/20.500.11937/27912

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