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논문 기본 정보
- 자료유형
- 학술대회자료
- 저자정보
- 발행연도
- 2008.8
- 수록면
- 1,064 - 1,091 (28page)
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Evaluating the sources of economic growth is obviously important, and numerous attempts have been made to judge the impact of many different factors on economic growth. Since some empirical studies have reported that International tourism receipts (ITR) is one of the important factors in economic growth, this paper empirically explores the impacts of ITR on economic growth using a cross-country analysis based on data from 102 countries for the year 1995-2005. To this end, a further augmented version of the endogenous growth theory model, explicitly including ITR, is applied. Subject to the appropriate caveats, the results provide further support for several key conclusions of the former studies - investment in physical capital, population growth, and the human capital are important in accounting for economic growth across countries. More importantly, it is concluded that ITR significantly contributes to economic growth. Thus, the suggestion that countries can significantly enhance their economic growth by further increasing ITR seems to be supported by the results of this study.
목차
1. Introduction
2. Literature review on ITR and economic growth
3. The model
4. Data, estimation methods, and empirical results
5. Concluding remarks
References
Abstract
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UCI(KEPA) : I410-ECN-0101-2010-326-003013416