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 …