Unemployment and Growth in the Tourism Sector in Mexico: Revisiting the Growth-Rate Version of Okun’s Law
In this paper, we analyze, by means of the difference version of Okun’s law, the relationship between tourism sector growth and unemployment in Mexico during the period 2000Q2−2018Q4. The results show that tourism growth is a palliative for unemployment, whereas unemployment redu...
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Format: | Article |
Language: | English |
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MDPI AG
2019-08-01
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Series: | Economies |
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Online Access: | https://www.mdpi.com/2227-7099/7/3/83 |