Tourism revenues and economic growth: a panel data analysis of Mediterranean coastal countries
Purpose – This study examines the impact of tourism revenues on economic growth in Mediterranean coastal countries from 2000 to 2022 using panel data methodology. By encompassing various economic cycles and significant global events, this research provides a comprehensive analysis of both short-t...
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| Format: | Article |
| Language: | English |
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Faculty of tourism and hospitality management
2025-07-01
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| Series: | Tourism and Hospitality Management |
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| Online Access: | https://thm.fthm.hr/images/issues/vol31no2/8_Tanku__Ozturk_Altunoz_Koc_Sokmen |
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| _version_ | 1849708740806180864 |
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| author | Emre Tankuş İlker Öztürk Utku Altunöz Selahattin Koç Alptekin Sökmen |
| author_facet | Emre Tankuş İlker Öztürk Utku Altunöz Selahattin Koç Alptekin Sökmen |
| author_sort | Emre Tankuş |
| collection | DOAJ |
| description | Purpose – This study examines the impact of tourism revenues on economic growth in
Mediterranean coastal countries from 2000 to 2022 using panel data methodology. By
encompassing various economic cycles and significant global events, this research provides a
comprehensive analysis of both short-term and long-term effects of tourism receipts on GDP.
Methodology – In the study, 10 countries in the Mediterranean (France, Italy, Spain, Türkiye,
Greece, Tunisia, Egypt, Morocco, Malta and Algeria) were selected by simple random sampling
method. Annual data covering the period 2000-2022 were used in the analyses and the panel ARDL
method was used to reveal the purpose of the study.
Findings – The panel ARDL method reveals that tourism revenues significantly boost economic
growth, emphasizing the tourism sector's critical role in fostering development. These findings
offer crucial insights for policymakers, stakeholders, and investors in the Mediterranean region's
economic dynamics.
Originality – The study contributes to the literature by utilizing recent data and multiple variables
to capture the nuanced relationship between tourism and growth |
| format | Article |
| id | doaj-art-0703eb22ade84d8abfd7655e446759f2 |
| institution | DOAJ |
| issn | 1330-7533 1847-3377 |
| language | English |
| publishDate | 2025-07-01 |
| publisher | Faculty of tourism and hospitality management |
| record_format | Article |
| series | Tourism and Hospitality Management |
| spelling | doaj-art-0703eb22ade84d8abfd7655e446759f22025-08-20T03:15:34ZengFaculty of tourism and hospitality managementTourism and Hospitality Management1330-75331847-33772025-07-0131226727810.20867/thm.31.2.8Tourism revenues and economic growth: a panel data analysis of Mediterranean coastal countriesEmre Tankuş0https://orcid.org/0000-0001-6011-5617İlker Öztürk1https://orcid.org/0000-0002-7302-2337Utku Altunöz2https://orcid.org/0000-0002-0232-3108Selahattin Koç3https://orcid.org/0000-0003-4285-5632Alptekin Sökmen4https://orcid.org/0000-0002-5162-0918PhD, Faculty of Tourism, Department of Tourism Management, Kastamonu University, TurkeyAsist. Prof. Dr. Cumhuriyet Social Sciences Vocational School, Department of Hotel, Restaurant and Catering Services, Sivas Cumhuriyet University, TurkeyProfessor Sinop University Gerze Vocational School, TurkeyProfessor Sivas Cumhuriyet University, Faculty of Economics and Administrative Sciences, Department of Business Administration, TurkeyProfessor Ankara Hacı Bayram Velı ̇University, Faculty of Economic and Administrative Sciences, Department of Business Administration/Kastamonu University, Faculty of Tourism, Administration, TurkeyPurpose – This study examines the impact of tourism revenues on economic growth in Mediterranean coastal countries from 2000 to 2022 using panel data methodology. By encompassing various economic cycles and significant global events, this research provides a comprehensive analysis of both short-term and long-term effects of tourism receipts on GDP. Methodology – In the study, 10 countries in the Mediterranean (France, Italy, Spain, Türkiye, Greece, Tunisia, Egypt, Morocco, Malta and Algeria) were selected by simple random sampling method. Annual data covering the period 2000-2022 were used in the analyses and the panel ARDL method was used to reveal the purpose of the study. Findings – The panel ARDL method reveals that tourism revenues significantly boost economic growth, emphasizing the tourism sector's critical role in fostering development. These findings offer crucial insights for policymakers, stakeholders, and investors in the Mediterranean region's economic dynamics. Originality – The study contributes to the literature by utilizing recent data and multiple variables to capture the nuanced relationship between tourism and growthhttps://thm.fthm.hr/images/issues/vol31no2/8_Tanku__Ozturk_Altunoz_Koc_Sokmentourismeconomic growthpanel data analysismediterraneanardl |
| spellingShingle | Emre Tankuş İlker Öztürk Utku Altunöz Selahattin Koç Alptekin Sökmen Tourism revenues and economic growth: a panel data analysis of Mediterranean coastal countries Tourism and Hospitality Management tourism economic growth panel data analysis mediterranean ardl |
| title | Tourism revenues and economic growth: a panel data analysis of Mediterranean coastal countries |
| title_full | Tourism revenues and economic growth: a panel data analysis of Mediterranean coastal countries |
| title_fullStr | Tourism revenues and economic growth: a panel data analysis of Mediterranean coastal countries |
| title_full_unstemmed | Tourism revenues and economic growth: a panel data analysis of Mediterranean coastal countries |
| title_short | Tourism revenues and economic growth: a panel data analysis of Mediterranean coastal countries |
| title_sort | tourism revenues and economic growth a panel data analysis of mediterranean coastal countries |
| topic | tourism economic growth panel data analysis mediterranean ardl |
| url | https://thm.fthm.hr/images/issues/vol31no2/8_Tanku__Ozturk_Altunoz_Koc_Sokmen |
| work_keys_str_mv | AT emretankus tourismrevenuesandeconomicgrowthapaneldataanalysisofmediterraneancoastalcountries AT ilkerozturk tourismrevenuesandeconomicgrowthapaneldataanalysisofmediterraneancoastalcountries AT utkualtunoz tourismrevenuesandeconomicgrowthapaneldataanalysisofmediterraneancoastalcountries AT selahattinkoc tourismrevenuesandeconomicgrowthapaneldataanalysisofmediterraneancoastalcountries AT alptekinsokmen tourismrevenuesandeconomicgrowthapaneldataanalysisofmediterraneancoastalcountries |