<abstract xmlns="http://www.w3.org/1999/xhtml"><p>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).</p></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).

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

Faculty of Business and Law, Leeds Beckett University, United Kingdom

International Journal of Management and Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

This paper examines the relationship between tourism and economic growth, analyzing key factors affecting tourism income in Andalucía, Spain. Based on time...

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

Published Online: Feb 29, 2016

Page range: 84 - 100

DOI: https://doi.org/10.1515/ijme-2015-0036

Keywords
tourism, economic growth, exchange rate, competitiveness, Andalucía

© 2015 Muhammad Ali Nasir et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

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

Published Online: Feb 29, 2016

Page range: 84 - 100

DOI: https://doi.org/10.1515/ijme-2015-0036

Keywordstourism, economic growth, exchange rate, competitiveness, Andalucía

© 2015 Muhammad Ali Nasir et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
tourism, economic growth, exchange rate, competitiveness, Andalucía