Article ID Journal Published Year Pages File Type
1006940 Annals of Tourism Research 2016 4 Pages PDF
Abstract

•Role of the level of economic development on the tourism-growth relationship.•We use SYS-GMM estimation on a panel of 129 countries over 1995–2011.•Our specification includes the level of financial development.•Positive effect of tourism is only significant for middle and high-income countries.•At low levels of economic development, tourism does not contribute to GDP growth.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Tourism, Leisure and Hospitality Management
Authors
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