Please use this identifier to cite or link to this item:
http://hdl.handle.net/10553/47031
Title: | Does a common currency promote countries' growth via trade and tourism | Authors: | Santana Gallego,Maria Ledesma Rodríguez,Francisco Pérez Rodríguez, Jorge Vicente Corteś Jimeńez, Isabel |
UNESCO Clasification: | 531290 Economía sectorial: turismo | Keywords: | Mercado Turismo Desarrollo económico |
Issue Date: | 2010 | Publisher: | 0378-5920 | Journal: | World Economy | Abstract: | The main aim of this study is to contribute to the debate on the effects of a common currency. In particular, the impact of a common currency on growth via trade and tourism is explored for a panel dataset which includes 179 countries as destination and 30 OECD countries as origin over the period 1995-2006. This research contributes to previous work in three ways: (i) tourism is included as an additional channel for a common currency to promote growth; (ii) the heterogeneity of countries is addressed by dividing the sample into three groups of countries by income; and (iii) up-to-date data including the case of the euro are considered. The results obtained suggest that a common currency strengthens economic growth by promoting not only international trade but also tourism. | URI: | http://hdl.handle.net/10553/47031 | ISSN: | 0378-5920 | DOI: | 10.1111/j.1467-9701.2010.01305.x | Source: | World Economy[ISSN 0378-5920],v. 33, p. 1811-1835 |
Appears in Collections: | Artículos |
Items in accedaCRIS are protected by copyright, with all rights reserved, unless otherwise indicated.