Economic Impacts of Tourism: A Literature Research

Yilmaz Bayar and Tuğba Betül Özav
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Yilmaz Bayar: Usak University
Tuğba Betül Özav: Usak University

International Journal of Applied Business and Management Studies, 2020, vol. 5, issue 1, 19-28

Abstract: Tourism sector has considerably expanded and become a significant item of global export. The tourism sector has led many economic, environmental, social, and cultural impacts. In this study, we researched the empirical literature on the impacts of tourism on economic growth, employment, and balance of payments. The empirical literature revealed that tourism sector made a positive contribution to economic growth, employment, and balance of payments.

Keywords: Tourism sector; economic growth; employment; balance of payments (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:bau:ijabms:v:5:y:2020:i:1:id:233

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