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 generated by other industries. We argue that current methodologies …

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 …

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 …

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 …

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 …

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 …

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 …