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The Winter World Masters Games (WWMGs) are a large sports event for 30+-year-old athletes. As there are neither competitive qualification requirements for participants, nor entrance fees for spectators, the event can be considered as a participatory sports tourism event rather than a spectator...
Persistent link: https://www.econbiz.de/10012311888
The travel and tourism industry has been growing in importance for several developing countries. It has not only generated considerable foreign exchange revenues but has also contributed to the overall output and socio-economic development of these countries. Within the Asia and Pacific region,...
Persistent link: https://www.econbiz.de/10011447994
Tourism is vital to the success of many economies worldwide and has been a widely researched area for many years. Unfortunately, an insufficient number of studies have been conducted on this subject in the context of Saudi Arabia. Therefore, this research investigates the role of tourism in...
Persistent link: https://www.econbiz.de/10012618903
The problem of the relevance of human and natural capital, as well as the potential adverse effect of natural capital on economic growth, has gained increased attention in development economics. The aim of this paper is to assess, theoretically and empirically, the relevance of several forms of...
Persistent link: https://www.econbiz.de/10011613294
In the developing economy, tourism is the most visible and steadiest growing facade. Tourism is considered one of the rapidly increasing elements for economic development from the last two decades. Therefore, the proposed study used vector autoregression (VAR) model, error correction model...
Persistent link: https://www.econbiz.de/10012020486
Debate on tourism-led growth and growth-led tourism is still ongoing today, with much research done for developed countries and those which are popular tourist destinations over the world. Surprisingly, the research is scarce for the Central and Eastern European (CEE) and South and Eastern...
Persistent link: https://www.econbiz.de/10012020514
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 reduces the growth...
Persistent link: https://www.econbiz.de/10012131891
By using the Emirmahmutoglu–Kose bootstrap Granger non-causality method, this study explores the directions of causality among tourist arrivals, tourism receipts, energy consumption and economic growth for the top 10 most-visited countries (France, the USA, Spain, China, Italy, Turkey,...
Persistent link: https://www.econbiz.de/10011772435
In the past 30 years, many studies have focused on exploring the relationship between tourism development and economic growth. However, there has been no consensus reached concerning of the relationship. This study will attempt to clarify the relationship between tourism development and economic...
Persistent link: https://www.econbiz.de/10011754051
Tourism plays an important role in fostering economic growth within the Asia-Pacific Economic Cooperation (APEC) forum member countries. Nevertheless, the development of this sector has resulted in significant depletion of natural resources and pollution. This research aims to determine the...
Persistent link: https://www.econbiz.de/10014458557