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Tourism's capacity to alleviate poverty is one of the most important subjects in tourism studies, as tourism is capable of boosting economic growth and generating employment. On the other hand, it is known that lack of income and unemployment have negative effects on outbound tourism; however,...
Persistent link: https://www.econbiz.de/10013198934
In this paper, we analyze, by means of the difference version of Okun's law, the relationship between tourism sector growth and unemployment in Mexico during the period 2000Q2-2018Q4. The results show that tourism growth is a palliative for unemployment, whereas unemployment reduces the growth...
Persistent link: https://www.econbiz.de/10012131891
The effectiveness of tourism as an instrument in combating poverty has emerged as an important subject of research. Tourism's impact on poverty has traditionally been analyzed from the perspective of income or household consumption per capita. In contrast to these approaches, we analyzed the...
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The misery index (MI) was devised to summarize the most evident costs for a society, attempting to objectively measure the loss in general welfare. It has been remarked in the literature that economic growth exerts a negative impact on the MI; however, analyses of this relationship in the...
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