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Scientific paper - Original scientific paper
Contribution of tourism to economic convergence in the European Union member states
European Journal of Tourism Research,, 29 (2021); 1-20. https://doi.org/10.54055/ejtr.v29i.2440
Radić-Matošević, Mijana; Petrić, Lidija; Ivandić, Neven

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Radić Matošević, M., Petrić, L. & Ivandić, N. (2021). Contribution of tourism to economic convergence in the European Union member states. European Journal of Tourism Research,, 29., 1-20. doi: 10.54055/ejtr.v29i.2440

Radić Matošević, Mijana, et al. "Contribution of tourism to economic convergence in the European Union member states." European Journal of Tourism Research,, vol. 29, 2021, pp. 1-20. https://doi.org/10.54055/ejtr.v29i.2440

Radić Matošević, Mijana, Lidija Petrić and Neven Ivandić. "Contribution of tourism to economic convergence in the European Union member states." European Journal of Tourism Research, 29 (2021): 1-20. https://doi.org/10.54055/ejtr.v29i.2440

Radić Matošević, M., Petrić, L. and Ivandić, N. (2021) 'Contribution of tourism to economic convergence in the European Union member states', European Journal of Tourism Research,, 29, pp. 1-20. doi: 10.54055/ejtr.v29i.2440

Radić Matošević M, Petrić L, Ivandić N. Contribution of tourism to economic convergence in the European Union member states. European Journal of Tourism Research, [Internet]. 2021 [cited 2024 July 19];29:1-20. doi: 10.54055/ejtr.v29i.2440

M. Radić Matošević, L. Petrić and N. Ivandić, "Contribution of tourism to economic convergence in the European Union member states", European Journal of Tourism Research,, vol. 29, pp. 1-20, 2021. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:124:199737. [Accessed: 19 July 2024]

Metadata
Title (english)Contribution of tourism to economic convergence in the European Union member states
AuthorMijana Radić-Matošević
MBZ: 316365
AuthorLidija Petrić
MBZ: 168146
AuthorNeven Ivandić
MBZ: 201942
Author's institutionThe Institute for Tourism
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
The main objective of this paper is to determine whether tourism contributes to the economic convergence in the EU member states. The starting point of the analysis is the theoretical concepts of σ-convergence and (conditional) β-convergence. For the purpose of examining the relationship between tourism and σ-convergence in the long and short term, the cointegration test is used. Additionally, panel analysis is used for testing the model of conditional convergence. In this model, tourism as a conditional factor is operationalised by monetary indicators (consumption components and capital investments) as well as by a non-monetary one (direct employment) based on the tourism satellite account methodological framework. The model also tests a range of economic, social and ecological impacts on tourism and the economic convergence. The results proved that, although there is a long-term and short-term relationship between tourism and the economic growth convergence, tourism does not contribute to the economic convergence in the European Union member states, at least not to the extent that was expected.
Keywords (english)
Languageenglish
Publication typeScientific paper - Original scientific paper
Publication statusPublished
Peer reviewPeer review - international
Publication versionPublished version
Journal titleEuropean Journal of Tourism Research,
Numberingvol. 29, pp. 1-20, 2913
p-ISSN1994-7658
e-ISSN1314-0817
DOIhttps://doi.org/10.54055/ejtr.v29i.2440
URN:NBNurn:nbn:hr:124:199737
Publication2021
Document URLhttps://ejtr.vumk.eu/index.php/about/article/view/2440
Type of resourceText
Access conditionsOpen access
Terms of useLicence Attribution 4.0 International (CC BY 4.0) icon
Created on2024-07-18 18:00:14