Economic Growth, Exchange Rate and Constrained Competiveness of the Tourism Sector in Andalucía

Muhammad Ali Nasir, Junjie Wu, José Calderón Guerrero

Research output: Contribution to journalArticle

Abstract

This paper examines the relationship between tourism and economic growth, analyzing key factors affecting tourism income in Andalucía, Spain. Based on time series annual data for the period 2005 to 2012 and a multiple regression analysis we show that international tourism has made an important contribution to Andalucía’s economic growth. Some of the factors considered in the analysis include the number of luxury hotels, the hotel price index and the exchange rate, though the latter is outside of the control of local authorities under the European Monetary Union (EMU).
Original languageEnglish
Pages (from-to)84-100
Number of pages17
JournalInternational Journal of Management and Economics
Volume48
Issue number1
DOIs
Publication statusPublished - 1 Oct 2015
Externally publishedYes

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