scholarly journals Sustainable Tourism, Economic Growth and Employment—The Case of the Wine Routes of Spain

2021 ◽  
Vol 13 (13) ◽  
pp. 7164
Author(s):  
Guillermo Vázquez Vicente ◽  
Victor Martín Barroso ◽  
Francisco José Blanco Jiménez
Keyword(s):  
Economic Growth ◽  
Economic Impact ◽  
Rural Areas ◽  
Local Development ◽  
Tourism Industry ◽  
Wine Tourism ◽  
Development Tool ◽  
The Us ◽  
The Impact ◽  
Positive Effect

Tourism has become a priority in national and regional development policies and is considered a source of economic growth, particularly in rural areas. Nowadays, wine tourism is an important form of tourism and has become a local development tool for rural areas. Regional tourism development studies based on wine tourism have a long history in several countries such as the US and Australia, but are more recent in Europe. Although Spain is a leading country in the tourism industry, with an enormous wine-growing tradition, the literature examining the economic impact of wine tourism in Spanish economy is scarce. In an attempt to fill this gap, the main objective of this paper is to analyze the impact of wine tourism on economic growth and employment in Spain. More specifically, by applying panel data techniques, we study the economic impact of tourism in nine Spanish wine routes in the period from 2008 to 2018. Our results suggest that tourism in these wine routes had a positive effect on economic growth. However, we do not find clear evidence of a positive effect on employment generation.

INFLATION, LIQUIDITY, AND LONG-RUN GROWTH

2016 ◽  
Vol 23 (2) ◽  
pp. 888-906 ◽  
Author(s):  
Ge Zhou
Keyword(s):  
Economic Growth ◽  
Sensitivity Analysis ◽  
Financial Development ◽  
Investment Projects ◽  
Long Run ◽  
The Us ◽  
The Impact ◽  
Positive Effect ◽  
Data Sensitivity ◽  
Effect On Growth

This paper revisits the long-run relationship between inflation and economic growth by exploring the impact of inflation on investment. I illustrate that inflation may have a positive effect on growth by mitigating the liquidity risks of investment projects. Together with the traditional effect of the “inflation tax” on investment, a hump-shaped relationship between inflation and economic growth can be obtained in a calibrated model, which is consistent with the US postwar data. Sensitivity analysis suggests that the degree of financial development and the magnitude of the aggregate liquidity demand help explain the mixed empirical findings.

The economic impact of legislation and litigation on growth: a historical analysis of Italy from its unification to World War II

2017 ◽  
Vol 15 (1) ◽  
pp. 121-141 ◽  
Author(s):  
GIUSEPPE DI VITA ◽  
FABIO DI VITA ◽  
GIANLUCA CAFISO
Keyword(s):  
Economic Growth ◽  
World War Ii ◽  
Economic Impact ◽  
Historical Analysis ◽  
World War ◽  
Economic Agents ◽  
The Impact ◽  
Positive Effect

AbstractThis paper aims to evaluate the impact of Italy's unification on its economic growth from 1861 to the outbreak of World War II. This historical analysis attempts to prove that the process of legislative harmonization intrinsic to the unification had a positive effect on Italy's GDP because legislative uniformity facilitates economic transactions. Moreover a uniform and more effective legislation would have caused less litigation and therefore favoured economic growth, thanks to smoother relations between economic agents.

scholarly journals The Impact of Tourism Industry on Economic Growth in the Salumpat Saindege City (Padangsidimpuan, North Sumatera)

2019 ◽  
Vol 8 (2S9) ◽  
pp. 32-37
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Confidence Level ◽  
Descriptive Study ◽  
Tourism Industry ◽  
Study Approach ◽  
Tourism Sector ◽  
The Impact ◽  
Positive Effect

This article focused on analyze the Impact of the Tourism Industry on Economic Growth in the Salumpat Saindege City (Padangsidimpuan, North Sumatera). This article is a descriptive study with a library study approach. Data used time series of 2005 - 2017. The results of research concluded that the value of tcount is 0.443. By using a 95% confidence level α = 0.05 compared with the sig value obtained at 0.667, the sig value is greater than α or 0.667 > 0.05. This shows that tourism is not significantly and positive effect on the economic growth in Salumpat Saindege City and this indicates that the Economic Growth in the Salumpat Saindege City (Padangsidimpuan North Sumatera) is not determined by the Tourism sector in the same direction. Furthermore, the value of R Square in the research is 0.018 indicating that Tourism has an influence of 1.8 percent on the economic growth and the remaining 98.2 percent is influenced by other variables not examined in this study

scholarly journals Political Stability and its Impact on Economic Growth of Pakistan (1988-2018): A Time Series Analysis

2020 ◽  
Vol 6 (1) ◽  
pp. 273-282
Author(s):  
Majid Hussain Phul ◽  
Muhammad Saleem Rahpoto ◽  
Ghulam Muhammad Mangnejo
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Time Series Data ◽  
Political Stability ◽  
Series Data ◽  
Explanatory Variables ◽  
Long Run ◽  
Short Run ◽  
The Impact ◽  
Positive Effect

This research paper empirically investigates the outcome of Political stability on economic growth (EG) of Pakistan for the period of 1988 to 2018. Political stability (PS), gross fixed capital formation (GFCF), total labor force (TLF) and Inflation (INF) are important explanatory variables. Whereas for model selection GDPr is used as the dependent variable. To check the stationary of time series data Augmented Dickey Fuller (ADF) unit root (UR) test has been used,  and whereas to find out the long run relationship among variables, OLS method has been used. The analysis the impact of PS on EG (EG) in the short run, VAR model has been used. The outcomes show that all the variables (PS, GFCF, TLF and INF) have a significantly positive effect on the EG of Pakistan in the long run period. But the effect of PS on GDP is smaller. Further, in this research we are trying to see the short run relationship between GDP and other explanatory variables. The outcomes show that PS does not have such effect on GDP in the short run analysis. While GFCF, TLF and INF have significantly positive effect on GDP of Pakistan in the short run period.

scholarly journals REVITALIZATION OF MOUNTAIN RURAL TOURISM AS A TOOL FOR SUSTAINABLE LOCAL DEVELOPMENT IN KABYLIE (ALGERIA). THE CASE OF YAKOUREN MUNICIPALITY

2021 ◽  
Vol 34 (1) ◽  
pp. 112-125
Author(s):  
Amal KELFAOUI ◽  
◽  
Mohamed A. REZZAZ ◽  
Louardi KHERROUR ◽  
◽  
...  
Keyword(s):  
Rural Communities ◽  
Rural Areas ◽  
Swot Analysis ◽  
Local Development ◽  
Rural Tourism ◽  
Mountainous Areas ◽  
Conceptual Approach ◽  
Field Surveys ◽  
The Impact ◽  
Overnight Stays

Our study focuses on the planning and revitalization of mountainous rural tourism to generate income for many rural communities. It targets a community of Great Kabylie in the heart of Djurdjura massif in the eastern part of Tizi-Ouzou province in Algeria. Tourism in these mountainous areas could contribute to rural development, given that it covers 80% of the region and records 13913 tourist overnight stays. Rural tourism can be a valuable tool for local development in the Yakouren municipality. This paper is based on a literature review, field surveys, descriptive and analytical approach to revitalizing mountainous rural tourism in Yakouren, and revealing its potential through various methods, including Butler's theory, SWOT analysis, and elaboration of an indicator grid, and calculation of tourist traffic. From the results, we identified eight segments that attract tourists and five segments that villagers request. Finally, in a conceptual approach, we discuss the impact of this market on rural areas structure and propose some ideas to overcome it. As a result, through constant promotion, Yakouren can benefit from an increase in tourist traffic. Rural tourism in this mountainous community can be an essential source of income, but it requires investment.

Business Reactions to the 2001 Foot and Mouth Disease Outbreak in Scotland

2005 ◽  
Vol 20 (4) ◽  
pp. 372-388 ◽  
Author(s):  
Wendy Kenyon ◽  
Alana Gilbert
Keyword(s):  
Rural Areas ◽  
Foot And Mouth Disease ◽  
Tourism Industry ◽  
Mouth Disease ◽  
Contingency Planning ◽  
Panel Survey ◽  
Business Managers ◽  
Foot And Mouth ◽  
The Impact ◽  
Shed Light

The paper focuses on two aspects of the 2001 foot and mouth disease (FMD) outbreak in Scotland that have been largely ignored: first, business managers perceptions of the impact of FMD during and immediately after the outbreak; and second, reactions to the outbreak in terms of action taken by businesses and advice sought. A panel survey of non-farm businesses conducted in April, June and September of 2001 is analysed to shed light on these issues. We find that even at the time, the vast majority of businesses did not report any real impact, although businesses in rural areas and in the tourism industry were more likely to feel some impact - either positive or negative. We show that business managers appeared to favour private sources of advice, although some public sources were found to be very useful, and that some actions, such as increased advertising in tourism businesses, could be more effective than others, such as making redundancies. We conclude with a discussion of the implications of the findings for contingency planning in the event of future FMD outbreaks.

scholarly journals The Contribution of Sustainable Tourism to Economic Growth and Employment in Pakistan

2019 ◽  
Vol 16 (19) ◽  
pp. 3785 ◽  
Author(s):  
Faiza Manzoor ◽  
Longbao Wei ◽  
Muhammad Asif ◽  
Muhammad Zia ul Haq ◽  
Hafiz ur Rehman
Keyword(s):  
Economic Growth ◽  
South Asian ◽  
Global Economy ◽  
Tourism Industry ◽  
Policy Implications ◽  
Future Research ◽  
Asian Countries ◽  
Long Run ◽  
Augmented Dickey Fuller ◽  
The Impact

In the global economy, tourism is one of the most noticeable and growing sectors. Thissector plays an important role in boosting a nation’s economy. An increase in tourism flow canbring positive economic outcomes to the nations, especially in gross domestic product (GDP) andemployment opportunities. In South Asian countries, the tourism industry is an engine ofeconomic development and GDP growth. This study investigates the impact of tourism onPakistan’s economic growth and employment. The period under study was from 1990 to 2015. Tocheck whether the variables under study were stationary, augmented Dickey–Fuller andPhillips–Perron unit root tests were applied. A regression technique and Johansen cointegrationapproach were employed for the analysis of data. The key finding of this study shows that there isa positive and significant impact of tourism on Pakistan’s economic growth as well as employmentsector and there is also a long‐run relationship among the variables under study. This studysuggests that legislators should focus on the policies with special emphasis on the promotion oftourism due to its great potential throughout the country. Policy implications of this recent studyand future research suggestions are also mentioned.

Towards Measuring the Economic Impact of Open Data by Innovating and Doing Business

2020 ◽  
Vol 17 (03) ◽  
pp. 2050022
Author(s):  
María Verónica Alderete
Keyword(s):  
Economic Impact ◽  
Latent Variable ◽  
Open Data ◽  
Limited Evidence ◽  
Doing Business ◽  
Per Capita ◽  
Ict Development ◽  
Economic Landscape ◽  
The Impact ◽  
Positive Effect

This paper provides some evidence about the impact open data has in the economic landscape, and therefore, contributes to the limited evidence in this subject. From a panel data corresponding to the period of 2014–2017 and a sample of 27 open data leader countries, the incidence of open data on the economic field is examined. The dependent variable, economic impact, is a latent variable based on innovation and doing business indicators. Results obtained show there is a significant and positive effect of open data, ICT development and income per capita on the economic impact.

scholarly journals Mapping the Food Festivals and Sustainable Capitals: Evidence from Poland

2020 ◽  
Vol 12 (24) ◽  
pp. 10283
Author(s):  
Patrycjusz Zarębski ◽  
Dominika Zwęglińska-Gałecka
Keyword(s):  
Rural Areas ◽  
Urban Areas ◽  
Local Development ◽  
Economic Effect ◽  
Local Environment ◽  
Point Of View ◽  
Economic Effects ◽  
Theoretical Point ◽  
Capital Conversion ◽  
The Impact

This study is one of the first attempts to identify and explain the location of food festivals in the context of locally embedded capitals. A multidimensional spatial model was developed and a typology using the k-means method was carried out to evaluate the mapping of 64 food festivals organized in various locations in Poland. With reference to Bourdieu’s concept, the economic, social, cultural, symbolic, and tourism capitals rooted in the local environment were examined and compared with the location of festivals. From the theoretical point of view, this study extends the theory of capital to include the new category of tourism capital, which allows better understanding of the economic effects of festivals. It is the missing element of the circular mechanism of capital conversion. Our study shows that food festivals in Poland are held mainly in large cities and their neighboring municipalities rather than in peripheral rural areas. We indicate that the urban areas have a higher level of capitals and sustainability of capitals for food festivals than rural areas. The conducted research shows that the economic effect of food festivals is stronger in locations with high tourism capital. The proposed model is universal and can be used to analyze the impact of various festivals on capital conversion and local development.

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