The travel and tourism industry has been growing in importance for several developing countries. It has not only … tourism industry to its national output. In this light, this paper aims to undertake an empirical examination of the factors … the travel and tourism industry, using quarterly data from 2000 to 2012, under a Geweke causality framework. The empirical …

development dynamics (i.e. tourism receipts and tourism expenditure) to affect economic development in terms of gross domestic … modulates both tourism receipts and tourism expenditure for overall positive effects on economic development and (ii) political …This study complements the extant literature by assessing how the rule of law and political stability modulate tourism …

The present study aims to investigate the impact of tourism on the economic growth of the South Asian region. By … cointegration and Fully Modified Ordinary Least Squares (FMOLS) techniques. Consistent with the “Tourism Led Growth Hypothesis …” results prove the significant positive and long-run association between tourism and economic growth. The prominent novelty of …

middle-income sub-Saharan African countries. The results of the study show that tourism expenditure negatively affects …-sample while only the effect of tourism expenditure is robust in the middle-income sub-sample …This study examines the dynamic impact of tourism development on economic growth in sub-Saharan Africa (SSA) using the …

middle-income subSaharan African countries. The results of the study show that tourism expenditure negatively affects …-sample while only the effect of tourism expenditure is robust in the middle-income sub-sample. …This study examines the dynamic impact of tourism development on economic growth in subSaharan Africa (SSA) using the …

modulate the incidence of some macroeconomic factors (i.e. domestic investment and trade openness) on tourism development. The … in modulating domestic investment for tourism development in terms of tourism receipts. It follows that, for the sampled … countries, promoting tourism development can be most effective if policies for enhancing domestic investment and promoting the …