Revisiting the Tourism-Led-Growth Hypothesis - Fresh Evidence From the World’s Top Ten Tourist Destinations

Isiaka Raifu and Joshua Afolabi

Asian Economics Letters, 2024, vol. 5, issue 1, 1-5

Abstract: This study examines whether structural breaks matter in the tourism-growth nexus. We estimated annual and quarterly data for the world’s top 10 tourism destinations between 1995 and 2020 using the structural break, Fixed Effects and Feasible Generalised Least Square (FGLS) approaches. This study provides evidence of structural fractures in the relationship between tourism (in the lead) and economic growth.

Keywords: Tourism; Economic growth; Structural breaks (search for similar items in EconPapers)
JEL-codes: L83 O40 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://a-e-l.scholasticahq.com/api/v1/articles/91 ... ist-destinations.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ayb:jrnael:104

Access Statistics for this article

Asian Economics Letters is currently edited by Chun-Ping Chang (Shih Chien University, Taiwan) and Professor Chien-Chiang Lee (Nanchang University, China)

More articles in Asian Economics Letters from Asia-Pacific Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Asia-Pacific Applied Economics Association ().