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Purpose – The aim of this paper is to present a methodology for the decomposition of economic growth by industry which allows interindustry comparisons. Design/methodology/approach – The paper uses the growth decomposition methodology developed by Ivanov and Ivanov and Webster for tourism...
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The paper reviews the various methods and tourism development proxy variables used to measure the impact of tourism on economic growth. The growth decomposition methodology is employed with data for 174 countries for the years 2000-2010 to measure the impact of tourism on a country-by-country...
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The paper presents a methodology for measuring the contribution of tourism to an economy's growth, which is tested with data for Cyprus, Greece and Spain. We use the growth of real GDP per capita as a measure of economic growth and disaggregate it into economic growth generated by tourism and...
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This research note investigates the impact of a destination's competitiveness upon tourism's contribution to economic growth using a cross-section with 131 countries. Destination competitiveness is measured with the World Economic Forum's Travel and Tourism Competitiveness Index, while tourism's...
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The current paper presents a growth decomposition methodology which allows interindustry comparisons. The methodology is exemplified with analysis of the contribution of specific industries to economic growth in Bulgaria. However, the model presents an approach that is general and can be applied...
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