Drivers of Economic Growth: The Case for Tourism in Mexico
Keywords:
Regulação Internacional, Regulação BancáriaAbstract
The main purpose is to test, in the case of the Mexican economy, the tourism-led growth hypothesis and the relationship between private consumption and tourism arrivals. Toda and Yamamoto´s (1995) based on the Gunduz and Hatemi-J (2005) proposal and the Liu, Song and Romilly (1997) time series procedures were applied. The findings support the tourism-led growth hypothesis in the Mexican case. Moreover as an additional contribution, a bi-directional and long-run relationship was found between tourism arrivals and private consumption, establishing the notion regarding the possibility to provide economic benefits to the Mexican population.
Downloads
Downloads
Published
Issue
Section
License
The submission of a manuscript authorizes its publication by the Brazilian Journal of Business Economics/Revista Brasileira de Economia de Empresas and implies that it refers to original work, which is not currently submitted to any other journal. It is forbidden any reproduction, partial or total, by any other media, either press or digital, of the published papers. In this case, previous and necessary authorization must be requested. In case it is obtained, one must include a formal acknowledgement to the BJBE/RBEE, which is the first publisher of the paper. The BJBE/RBEE does not pay any copyright to the authors of published papers.
Copyright and Licensing
The copyrighter of the BJBE/RBEE is the Editora Universa of the Universidade Católica de Brasília.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Submitting an article authorizes its publication and implies a commitment that the same material will not be submitted to another journal.
The journal does not pay royalties to the authors of published articles.
