Causality Between Economic Growth and Tourism Expansion: Empirical Evidence from Some Colombian Regions

Autores
Brida, Juan Gabriel; Monterubbianesi, Pablo Daniel
Año de publicación
2010
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
This paper analyses the effects in the long-run between tourism and the economic growth in the regions of Antioquia, Bolivar, Bogotá, Magdalena and San Andrés and Providencia of Colombia. Using annual data from 1990 to 2005, the study uses cointegration analysis to consider the existence of Vector Error Correction Model (VEC) among real per capita Gross Domestic Product (GDP), tourism expenditures and real exchange rates. We show that the causality relationship is positive and unidirectional for all the regions but the values of elasticities are considerable different. Finally, we compare our study with similar papers also investigating the tourism-led growth hypothesis.
Fil: Brida, Juan Gabriel. Universidad de Bolzano; Italia
Fil: Monterubbianesi, Pablo Daniel. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina
Materia
ECONOMIC GROWTH
TOURISM EARNINGS
JOHANSEN COINTEGRATION TEST
ELASTICITY
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/104106
Acceder
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oai_identifier_str oai:ri.conicet.gov.ar:11336/104106
network_acronym_str CONICETDig
repository_id_str 3498
network_name_str CONICET Digital (CONICET)
spelling Causality Between Economic Growth and Tourism Expansion: Empirical Evidence from Some Colombian RegionsBrida, Juan GabrielMonterubbianesi, Pablo DanielECONOMIC GROWTHTOURISM EARNINGSJOHANSEN COINTEGRATION TESTELASTICITYhttps://purl.org/becyt/ford/5.9https://purl.org/becyt/ford/5This paper analyses the effects in the long-run between tourism and the economic growth in the regions of Antioquia, Bolivar, Bogotá, Magdalena and San Andrés and Providencia of Colombia. Using annual data from 1990 to 2005, the study uses cointegration analysis to consider the existence of Vector Error Correction Model (VEC) among real per capita Gross Domestic Product (GDP), tourism expenditures and real exchange rates. We show that the causality relationship is positive and unidirectional for all the regions but the values of elasticities are considerable different. Finally, we compare our study with similar papers also investigating the tourism-led growth hypothesis.Fil: Brida, Juan Gabriel. Universidad de Bolzano; ItaliaFil: Monterubbianesi, Pablo Daniel. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; ArgentinaRomanian-American Association of Project Managers for Education and Research2010-06info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/104106Brida, Juan Gabriel; Monterubbianesi, Pablo Daniel; Causality Between Economic Growth and Tourism Expansion: Empirical Evidence from Some Colombian Regions; Romanian-American Association of Project Managers for Education and Research; Journal of Tourism Challenges and Trends; 3; 1; 6-2010; 153-1641844-9743CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/url/https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1514044info:eu-repo/semantics/altIdentifier/url/https://journaltct.files.wordpress.com/2008/11/jtct-vol-3-1-tourism-assisting-sustainable-development.pdfinfo:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-09-29T10:19:42Zoai:ri.conicet.gov.ar:11336/104106instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-09-29 10:19:43.109CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv Causality Between Economic Growth and Tourism Expansion: Empirical Evidence from Some Colombian Regions
title Causality Between Economic Growth and Tourism Expansion: Empirical Evidence from Some Colombian Regions
spellingShingle Causality Between Economic Growth and Tourism Expansion: Empirical Evidence from Some Colombian Regions
Brida, Juan Gabriel
ECONOMIC GROWTH
TOURISM EARNINGS
JOHANSEN COINTEGRATION TEST
ELASTICITY
title_short Causality Between Economic Growth and Tourism Expansion: Empirical Evidence from Some Colombian Regions
title_full Causality Between Economic Growth and Tourism Expansion: Empirical Evidence from Some Colombian Regions
title_fullStr Causality Between Economic Growth and Tourism Expansion: Empirical Evidence from Some Colombian Regions
title_full_unstemmed Causality Between Economic Growth and Tourism Expansion: Empirical Evidence from Some Colombian Regions
title_sort Causality Between Economic Growth and Tourism Expansion: Empirical Evidence from Some Colombian Regions
dc.creator.none.fl_str_mv Brida, Juan Gabriel
Monterubbianesi, Pablo Daniel
author Brida, Juan Gabriel
author_facet Brida, Juan Gabriel
Monterubbianesi, Pablo Daniel
author_role author
author2 Monterubbianesi, Pablo Daniel
author2_role author
dc.subject.none.fl_str_mv ECONOMIC GROWTH
TOURISM EARNINGS
JOHANSEN COINTEGRATION TEST
ELASTICITY
topic ECONOMIC GROWTH
TOURISM EARNINGS
JOHANSEN COINTEGRATION TEST
ELASTICITY
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.9
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv This paper analyses the effects in the long-run between tourism and the economic growth in the regions of Antioquia, Bolivar, Bogotá, Magdalena and San Andrés and Providencia of Colombia. Using annual data from 1990 to 2005, the study uses cointegration analysis to consider the existence of Vector Error Correction Model (VEC) among real per capita Gross Domestic Product (GDP), tourism expenditures and real exchange rates. We show that the causality relationship is positive and unidirectional for all the regions but the values of elasticities are considerable different. Finally, we compare our study with similar papers also investigating the tourism-led growth hypothesis.
Fil: Brida, Juan Gabriel. Universidad de Bolzano; Italia
Fil: Monterubbianesi, Pablo Daniel. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina
description This paper analyses the effects in the long-run between tourism and the economic growth in the regions of Antioquia, Bolivar, Bogotá, Magdalena and San Andrés and Providencia of Colombia. Using annual data from 1990 to 2005, the study uses cointegration analysis to consider the existence of Vector Error Correction Model (VEC) among real per capita Gross Domestic Product (GDP), tourism expenditures and real exchange rates. We show that the causality relationship is positive and unidirectional for all the regions but the values of elasticities are considerable different. Finally, we compare our study with similar papers also investigating the tourism-led growth hypothesis.
publishDate 2010
dc.date.none.fl_str_mv 2010-06
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/104106
Brida, Juan Gabriel; Monterubbianesi, Pablo Daniel; Causality Between Economic Growth and Tourism Expansion: Empirical Evidence from Some Colombian Regions; Romanian-American Association of Project Managers for Education and Research; Journal of Tourism Challenges and Trends; 3; 1; 6-2010; 153-164
1844-9743
CONICET Digital
CONICET
url http://hdl.handle.net/11336/104106
identifier_str_mv Brida, Juan Gabriel; Monterubbianesi, Pablo Daniel; Causality Between Economic Growth and Tourism Expansion: Empirical Evidence from Some Colombian Regions; Romanian-American Association of Project Managers for Education and Research; Journal of Tourism Challenges and Trends; 3; 1; 6-2010; 153-164
1844-9743
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1514044
info:eu-repo/semantics/altIdentifier/url/https://journaltct.files.wordpress.com/2008/11/jtct-vol-3-1-tourism-assisting-sustainable-development.pdf
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Romanian-American Association of Project Managers for Education and Research
publisher.none.fl_str_mv Romanian-American Association of Project Managers for Education and Research
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
_version_ 1844614171088388096
score 13.070432

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