Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1006940 | Annals of Tourism Research | 2016 | 4 Pages |
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
Glauco De Vita, Khine S. Kyaw,