The Impact of Tourist Arrivals, Physical Infrastructures, and Employment, on Regional Output Growth
文摘
This paper examined the contribution of tourist arrivals, employment rate, and physical infrastructures to the Philippines’ regional output growth. This study used secondary annual data from 1999-2008. Gross regional domestic product was used as a measure of output growth generated by its predictors. This paper used panel data regression model in determining the relationship among the variables. Also, the Hausman test was utilized in determining which between fixed and random effect models are more viable. The results of the study showed that all the predictor variables significantly affect regional output growth of the Philippines.