Tourism and economic growth nexus revisited: A panel causality analysis for the case of the Mediterranean Region

2014 ◽  
Vol 42 ◽  
pp. 207-212 ◽  
Author(s):  
Can Tansel Tugcu
Keyword(s):  
Economic Growth ◽  
Mediterranean Region ◽  
Causality Analysis ◽  
Panel Causality ◽  
The Mediterranean

scholarly journals Tourism and Economic Growth in Mediterranean Region: Dynamic Panel Data Approach

2016 ◽  
Vol 2 (1) ◽  
pp. 65-84 ◽  
Author(s):  
Blanka Šimundić ◽  
Zvonimir Kuliš
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Mediterranean Region ◽  
Dynamic Panel Data ◽  
Dynamic Panel ◽  
The World ◽  
Global Tourism ◽  
The Mediterranean ◽  
Tourism Arrivals ◽  
Growth Hypothesis

AbstractThe Mediterranean region is one of the leading tourism regions in the world accounting for one third of global tourism receipts and half of global tourism arrivals. This paper aims at providing evidence that tourism can be considered as determinant of economic growth in the Mediterranean region. The results support the postulates of tourism led growth hypothesis, thus giving to the policymakers endorses for improving the tourism competitiveness conditions that will boost the economic growth.

scholarly journals Identifying Causality Relationship between Energy Consumption and Economic Growth in Developed Countries

2017 ◽  
Vol 1 (2) ◽  
pp. 71 ◽  
Author(s):  
Hasan Dinçer ◽  
Serhat Yüksel ◽  
Zafer Adalı
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Energy Consumption ◽  
Developed Countries ◽  
Annual Data ◽  
Causality Analysis ◽  
Panel Causality ◽  
Bidirectional Relationship ◽  
Causality Relationship ◽  
Economic Improvement

The main purpose of this study is to evaluate the causality relationship between energy consumption and economic growth for developed countries. Within this context, annual data of 22 developed countries was examined by using Dumitrescu Hurlin panel causality analysis. As a result, it was determined that that there is a bidirectional relationship between energy consumption and economic improvement for developed countries. This condition provides two different results. Firstly, energy consumption has an influence on economic development for these countries. While considering this result, it can be said that any limitation in energy consumption will restrict economic growth. Moreover, it was also concluded that level of economic growth is the main reason of energy consumption for developed countries. In other words, developed countries tend to have more energy consumption when their economies are growing.

Understanding the Concept and Limitations of Circular and Green Economy in the Mediterranean Region

2021 ◽  
pp. 194-207
Author(s):  
James Karmoh Sowah Jr. ◽  
Derviş Kırıkkaleli ◽  
Sema Yılmaz Genç
Keyword(s):  
Economic Growth ◽  
Circular Economy ◽  
Mediterranean Region ◽  
Theoretical Foundation ◽  
Green Economy ◽  
Policy Recommendations ◽  
The World ◽  
The Mediterranean ◽  
Comparative Description

The chapter gives a detailed description of concept and limitation of “circular and green economy” within the framework of Mediterranean region. It begins with an introduction of concept of circular and green economy, which explores transformation from a linear economy (i.e., “traditional take-make-waste model”) to the circular economy. It then describes the concept and theoretical foundation of the circular and green economy before giving a detailed comparative description of its practical economic and business rationale within the Mediterranean Region and the world at large. To make this chapter approachable to readers of various abilities, the chapter gives detailed description with the aid of tables and figures. Besides, previous financing info is included before providing policy recommendations that if implemented could offer a significant boost to a greener inclusive economic growth in the Mediterranean region and the world at large.

Health Care Expenditure and Economic Growth in SAARC Countries (1995–2012): A Panel Causality Analysis

2015 ◽  
Vol 11 (3) ◽  
pp. 639-661 ◽  
Author(s):  
Habib Nawaz Khan ◽  
Muhammad Arshad Khan ◽  
Radzuan B. Razli ◽  
Afz’a Binti Sahfie ◽  
Gulap Shehzada ◽  
...  
Keyword(s):  
Economic Growth ◽  
Health Care ◽  
Health Care Expenditure ◽  
Causality Analysis ◽  
Panel Causality
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