{"id":51501,"date":"2023-12-01T17:38:43","date_gmt":"2023-12-01T16:38:43","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/does-tourism-cause-growth-asymmetrically-in-a-panel-of-g-7-countries-a-short-note\/"},"modified":"2025-10-22T22:14:53","modified_gmt":"2025-10-22T20:14:53","slug":"does-tourism-cause-growth-asymmetrically-in-a-panel-of-g-7-countries-a-short-note","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/51501\/","title":{"rendered":"Does tourism cause growth asymmetrically in a panel of G-7 countries? A short note"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-51501","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"We analyse whether tourism (measured by real tourism receipts) causes growth in an asymmetric fashion in a panel of G-7 countries over the period of 1995-2014. Our results reveal that the tourism-led growth hypothesis holds for France, Germany, and the USA, with negative tourism shocks being more important for Germany, Italy, Japan, while positive shocks are more important in the UK and the USA. Our results imply that policy makers in Germany, Italy and Japan should be more concerned when tourism receipts decline.","onlinedate":"2018-02-01 01:00:00","lang":"English","publication_series":"","publication_date":"20180201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Asymmetric panel causality test\",\"Economic growth\",\"Tourism receipts\"]","jelcodes":"[]","related_publications":"[]","pdf":null,"zip":null,"link":"http:\/\/www.springer.com\/10663","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"45","monthly_report_pages":"49-57","monthly_report_pages_sort":"49","issue":"1","journal":"Empirica","publisher":"","invisible":false,"external":true,"embargo_date":null,"types":[83083],"research_groups":[3481],"collaboration":"","persons":[12611,14085,12723,12757],"persons_data":"[{\"personId\":12611,\"personName\":\"Abdulnasser Hatemi-J\",\"organisationNames\":[]},{\"personId\":14085,\"personName\":\"Rangan Gupta\",\"organisationNames\":[]},{\"personId\":12723,\"personName\":\"Axel Kasongo\",\"organisationNames\":[]},{\"personId\":12757,\"personName\":\"Thabo Mboweni\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Does tourism cause growth asymmetrically in a panel of G-7 countries? A short note - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/51501\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Does tourism cause growth asymmetrically in a panel of G-7 countries? 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