International tourism is an important foreign exchange earner and an export for many low income countries as well as … tourism as a potential strategic factor to development and economic growth. The tourism-led economic growth hypothesis (TLGH …) postulates that tourism expansion leads to economic growth. It derives directly from the export-led growth hypothesis (ELGH …

In this paper we investigate the contribution of tourism to economic growth in Colombia. We first use the growth of … real GDP per capita disaggregating it into economic growth generated by tourism and by other industries. This measure gives … information of past performance of tourism in Colombia indicating the fraction of the growth of real GDP that corresponds to …

Argentine is the principal source of tourism in the Uruguayan case. Its effects in the economic growth is analyzed in … cointegrated vector among real per capita GDP, Argentinean tourism expenditure, and real exchange rate between Uruguay and …

This short paper investigates the causal relations between tourism growth, relative prices and economic expansion for … analysis shows the existence of one cointegrated vector among real GDP, tourism and relative prices where the corresponding … elasticities are positive. Tourism and relative prices are weakly exogenous to real GDP. A variation of the Granger Causality test …

International tourism, on which we focus in this paper, is recognized to contribute to long-run growth through a whole … list of diverse channels. This belief that tourism can promote, if not, plainly, cause long-run growth is known in the … literature as the Tourism-Led Growth Hypothesis (TLGH). Our case study of Brazil can also be taken as a particular test for such …

This short paper analyzes the effects in the long-run between tourism and the economic growth in the regions of … uses cointegration analysis to analyze the existence of VEC among real GDP per capita, tourism expenditures and real … elasticities are considerable different. Finally, we compare our study with similar papers also investigating the tourism …

Tourism is one of the growing industries in Sri Lanka in the post war development. Its contribution to the Sri Lankan … growth and tourism earning in Sri Lanka during 1977-2012. This study employs Granger Causality tests using annual time series … data to analyze the presence and direction of causality between economic growth and tourism earnings. The unit root test is …

construction of tourist facilities in Mexico. The main result of this paper is that there exist two kinds of rationalities in the …

Tourism demand in Mexico is around 80 percent represented by USA visitors. The goal of this paper is to explain the … long-term effects of Tourism Demand in Mexico with respect to US visitors. To reach our goal the methodology of this paper … empirical analyze, we study the tourism demand elasticities considering public investment, relative prices of tourist products …

Tequila tourism routes in the region of Jalisco, Mexico and providing guidance and ideas for further improvements and research …Purpose – The main objective of the paper is to establish that Tequila Tourism can be a tool in the economic … this study – Tequila Tourism – using a Delphi approach with a panel of experts, leading to a SWOT analysis. Approach – This …