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- W3132923894 abstract "In this study, we examine the effect of tourism on economic growth in Tonga. We apply Ghysels Beta-MIDAS approach to estimate the elasticity of tourism, identify breaks with the multiple break test, and test for causality using the mixed frequency VAR approach. We utilize a sample from 1995 quarter 1 to 2018 quarter 4. The results indicate that the long-run effect of tourism is 0.06. Two structural breaks are identified, and both have negative growth effects. Unidirectional causality from tourism to real per-capita GDP is noted. The findings indicate that Tonga’s economic growth can be improved by promoting tourism." @default.
- W3132923894 created "2021-03-01" @default.
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- W3132923894 date "2021-02-15" @default.
- W3132923894 modified "2023-09-27" @default.
- W3132923894 title "Mixed frequency evidence of the tourism growth relationship in small Island developing states: a case study of Tonga" @default.
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- W3132923894 doi "https://doi.org/10.1080/10941665.2020.1862884" @default.
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