Chang, Chia-Lin; Khamkaew, Thanchanok; McAleer, Michael - Institute of Economic Research, Kyoto University - 2010
The significant impact of international tourism in stimulating economic growth is especially important from a policy … perspective. For this reason, the relationship between international tourism and economic growth would seem to be an interesting … and topical empirical issue. The paper investigates whether tourism specialization is important for economic development …