Table 3

Average marginal effects of tourism contributions to economic growth

Tourism's contribution to GDPdy/dxStd. ErrP-value
Policies and enabling conditions7.5257.1430.292
Enabling environment31.055**11.4280.007
Government prioritization0.8534.0310.832
Human resources (labour market)−22.332***6.8930.001
Tourism ICT readiness−10.3106.3500.105
Infrastructure−14.272***4.4480.001
Air transport infrastructure9.296**2.9350.002
Country dummies   
Czech Republic3.640***0.1230.001
France87.618***1.6950.001
Ireland2.744***0.2680.001
Italy90.626***2.2500.001
Spain56.729***2.0730.001

Note(s): dy/dx is marginal effect coefficients, Std. Err. represent standard errors estimated with the Delta-method

*The coefficients are significant at 10%

**The coefficients are significant at 5%

***The coefficients are significant at 1%

Source(s): Authors' estimations

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