The Contraction of European Economic Distances through Sustainable Tourism in the Pre-Pandemic Period
The current importance of tourism leads us to analyze the extent to which the receipts from international tourism, and tourism in general, influence the capacity of European countries to reduce the development gaps of this sector in the European context and the extent to which the economic growth is...
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| Format: | article |
| Language: | EN |
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Sciendo
2021
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| Subjects: | |
| Online Access: | https://doaj.org/article/ff9a95e5c41344328cabcd7182e0c8d4 |
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| Summary: | The current importance of tourism leads us to analyze the extent to which the receipts from international tourism, and tourism in general, influence the capacity of European countries to reduce the development gaps of this sector in the European context and the extent to which the economic growth is sensitive to changes in tourist arrivals, tourism receipts and expenditures. Studying the GDP per capita and the receipts from international tourism for the period 1995-2017, we find that the European tourism has an important role in economy but secondary to capital stock and exports. The methodology used is a sensitivity analysis and a multiple linear regression with two models. |
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