rate, political stability and corruption shape the relationship between natural resources and tourism revenues. This study … world from 1996 to 2018. First, our results indicate that natural resource dependence negatively impacts tourism revenues …. Second, above certain thresholds, natural resources curse the tourism sector through the corruption of exchange rate. These …

Many scholars see corruption as the main reason behind the poor development performance of many resource-rich economies … public revenues. Resource windfalls can crowd out tax revenues and pave the way for corruption within public sector. A …