THE RELATION BETWEEN TOURISM AND UNEMPLOYMENT: A PANEL DATA APPROACH

Authors

  • Iulian CONDRATOV Stefan cel Mare University of Suceava

DOI:

https://doi.org/10.4316/rdt.23.376

Keywords:

unemployment rate, Panel data approach, Romania

Abstract

Tourism is one of the fastest growing sectors of the world economy. Tourism development may contribute to reduction of unemployment both directly and indirectly.  This paper empirically investigates this hypothesis holds for Romania regions for the period of 1990 -2015. A panel data approach is utilized and coefficient estimates are obtained by using fixed effect and random effect models. As a result, the hypothesis that tourism contribute to reduction of unemployment is verified based on the regression results.

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Published

30-06-2017

Issue

Vol. 0 No. 23 (2017)

Section

Articles

License

Revista de Turism: Studii si Cercetari in Turism (RDT) is an open access scholarly journal that allows free access to its content (articles, issues). RDT is available online to the readers without financial, legal, or technical barriers (no publication charges), based on the theory to keep an article's content intact. Authors can use Creative Commons licenses to specify usage rights of articles. Copyright of articles belong to authors.

Licenţa Creative Commons
This work is licensed under a Creative Commons Attribution License 4.0.