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IV Estimation of a Panel Threshold Model of Tourism Specialization and Economic Development
http://hdl.handle.net/2261/35802
http://hdl.handle.net/2261/358022219abe4-648c-41f4-aecc-8f2225afc430
| Item type | テクニカルレポート / Technical Report(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 2017-01-17 | |||||
| タイトル | ||||||
| タイトル | IV Estimation of a Panel Threshold Model of Tourism Specialization and Economic Development | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | International tourism | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | economic development | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | tourism specialization | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | threshold regression | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | instrumental variables | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | panel data | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | cross-sectional data | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | JEL Classifications: C33, L83, O10, O40, O57. | |||||
| 資源タイプ | ||||||
| 資源 | http://purl.org/coar/resource_type/c_18gh | |||||
| タイプ | technical report | |||||
| アクセス権 | ||||||
| アクセス権 | metadata only access | |||||
| アクセス権URI | http://purl.org/coar/access_right/c_14cb | |||||
| 著者 |
Chang, Chia-Lin
× Chang, Chia-Lin× Khamkaew, Thanchanok× McAleer, Michael |
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| 著者所属 | ||||||
| 著者所属 | Department of Applied Economics, National Chung Hsing University, Taichung, Taiwan | |||||
| 著者所属 | ||||||
| 著者所属 | Faculty of Economics, Chiang Mai University, Thailand | |||||
| 著者所属 | ||||||
| 著者所属 | Faculty of Economics, Maejo University, Thailand | |||||
| 著者所属 | ||||||
| 著者所属 | Econometric Institute, Erasmus School of Economics, Erasmus University Rotterdam, The Netherlands | |||||
| 著者所属 | ||||||
| 著者所属 | Tinbergen Institute, The Netherlands | |||||
| 抄録 | ||||||
| 内容記述タイプ | Abstract | |||||
| 内容記述 | The significant impact of international tourism in stimulating economic growth is especially important from a policy perspective. For this reason, the relationship between international tourism and economic growth would seem to be an interesting and topical empirical issue. The purpose of this paper is to investigate whether tourism specialization is important for economic development in 159 countries over the period 1989-2008. The results from panel threshold regressions show a positive relationship between economic growth and tourism. Instrumental variable estimation of a threshold regression is used to quantify the contributions of tourism specialization to economic growth, while correcting for endogeneity between the regressors and error term. The significant impact of tourism specialization on economic growth in most regressions is robust to different specifications of tourism specialization, as well as to differences in real GDP measurement. However, the coefficients of the tourism specialization variables in the two regimes are significantly different, with a higher impact of tourism on economic growth found in the low regime. These findings do not change with changes in the threshold variables. The empirical results suggest that tourism growth does not always lead to substantial economic growth. | |||||
| 内容記述 | ||||||
| 内容記述タイプ | Other | |||||
| 内容記述 | Forthcoming in Tourism Economics. | |||||
| 内容記述 | ||||||
| 内容記述タイプ | Other | |||||
| 内容記述 | 本文フィルはリンク先を参照のこと | |||||
| 書誌情報 |
Discussion paper series. CIRJE-F 巻 CIRJE-F-732, 発行日 2010-04 |
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| 書誌レコードID | ||||||
| 収録物識別子タイプ | NCID | |||||
| 収録物識別子 | AA11450569 | |||||
| フォーマット | ||||||
| 内容記述タイプ | Other | |||||
| 内容記述 | application/pdf | |||||
| 日本十進分類法 | ||||||
| 主題Scheme | NDC | |||||
| 主題 | 335 | |||||
| 出版者 | ||||||
| 出版者 | 日本経済国際共同センター | |||||
| 出版者別名 | ||||||
| Center for International Research on the Japanese Economy | ||||||
| 関係URI | ||||||
| 識別子タイプ | URI | |||||
| 関連識別子 | http://www.cirje.e.u-tokyo.ac.jp/research/dp/2010/2010cf732ab.html | |||||
