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This study examines the dynamic impact of tourism development on economic growth in subSaharan Africa (SSA) using the … Generalised Method of Moments and data covering the period from 2002 to 2018. The increasingly important role of tourism and the … limelight the tourism sector has been enjoying of late, on the one hand, and the lack of sufficient coverage of tourismgrowth …
Persistent link: https://www.econbiz.de/10012242066
This study complements the extant literature by assessing how the rule of law and political stability modulate tourism … 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 …
Persistent link: https://www.econbiz.de/10013259344
Tourism is one of the major determinants of global economic growth, creating jobs within the sector, and Africa is no … exception. The target of the sub-Saharan African (SSA) countries is to consider tourism as an alternative means of economic … expansion. However, tourism is a means of environmental imbalance. This study investigates the complex relationship between …
Persistent link: https://www.econbiz.de/10015047578
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 …
Persistent link: https://www.econbiz.de/10013380556
Persistent link: https://www.econbiz.de/10012792511
This study examines the dynamic impact of tourism development on economic growth in sub-Saharan Africa (SSA) using the … Generalized Method of Moments and data covering the period from 2002 to 2018. The increasingly important role of tourism and the … limelight the tourism sector has been enjoying of late, on the one hand, and the lack of sufficient coverage of tourism …
Persistent link: https://www.econbiz.de/10012828692
Persistent link: https://www.econbiz.de/10011986165
Persistent link: https://www.econbiz.de/10014330697
This study investigates the impact of FDI regulatory restrictions on tourism growth. Using system generalized method of … moments (GMM) estimation of the dynamic panel data model, this study finds that FDI restrictions have significant negative … effects on tourism growth, implying that liberalizing FDI policies could promote tourism growth. …
Persistent link: https://www.econbiz.de/10014580646
Persistent link: https://www.econbiz.de/10014325805