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An index of the economic dependence on Tourism

dc.contributor.authorBienvenido Ortega
dc.contributor.authorRibeiro, Manuel Alector
dc.date.accessioned2024-09-03T12:26:24Z
dc.date.available2024-09-03T12:26:24Z
dc.date.issued2024-06-18
dc.description.abstractThis study proposes a methodology to construct a Tourism Economic Dependence Index for a sample of 144 countries spanning the period 1995-2019. This index aims to serve as a summary measure of countries' dependence on tourism while controlling for differences in economic development levels across countries. Findings suggest that an index value of 20% may be considered a threshold for identifying highly tourism-dependent countries. Furthermore, the results of the index indicate that economies have experienced a slight trend toward higher levels of dependence on tourism since the global financial crisis. However, estimates from a panel convergence model suggest that the hypothesis of convergence toward a common long-run equilibrium in index levels across countries can be rejected. Instead, different groups of countries converging toward the same long-run equilibrium level of the index have been identified.eng
dc.description.sponsorshipUS-1381628; RTI2018-094844-B-C33; PAIDI2020 P20_00982
dc.identifier.doi10.1177/13548166241262836
dc.identifier.issn1354-8166
dc.identifier.urihttp://hdl.handle.net/10400.1/25832
dc.language.isoeng
dc.peerreviewedyes
dc.publisherSAGE Publications
dc.relationResearch Centre for Tourism, Sustainability and Well-being
dc.relation.ispartofTourism Economics
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subjectClub convergence
dc.subjectComposite index
dc.subjectCountry-level analysis
dc.subjectEconomic dependence on tourism
dc.subjectPanel data
dc.titleAn index of the economic dependence on Tourismeng
dc.typejournal article
dspace.entity.typePublication
oaire.awardTitleResearch Centre for Tourism, Sustainability and Well-being
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB%2F04020%2F2020/PT
oaire.citation.endPage27
oaire.citation.startPage1
oaire.citation.titleTOURISM ECONOMICS
oaire.fundingStream6817 - DCRRNI ID
oaire.versionhttp://purl.org/coar/version/c_970fb48d4fbd8a85
person.familyNameRibeiro
person.givenNameManuel Alector
person.identifier.ciencia-idCF11-F2D2-F55D
person.identifier.orcid0000-0003-4484-1082
person.identifier.scopus-author-id55892314700
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
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relation.isAuthorOfPublication.latestForDiscovery23cab0d9-061a-49bc-83e1-cd05116c8ba7
relation.isProjectOfPublicationfa579efb-63c0-486e-b05d-859542b73647
relation.isProjectOfPublication.latestForDiscoveryfa579efb-63c0-486e-b05d-859542b73647

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