 The impact of tourism on income inequality in developing economies: Does Kuznets curve hypothesis exist?Md. Samsul Alam and Sudharshan Reddy Paramati Annals of Tourism Research, 2016, vol. 61, issue C, 111-126 Abstract: This paper investigates the impact of tourism on income inequality in developing economies. The analysis utilizes a balanced panel data set from 1991 to 2012 on 49 developing economies around the world. The empirical findings confirm the long-run equilibrium relationship among the variables. Results from long-run elasticities indicate that tourism increases income inequality significantly. Further, the long-run elasticities on squared tourism revenue confirm the existence of Kuznets curve hypothesis between tourism revenue and income inequalities, meaning that if the current level of tourism becomes double then it will significantly reduce the income inequality in developing economies. Given these findings, our study offers significant value to the body of knowledge on the issue of tourism and income inequality in developing economies and also provides important policy implications. Keywords: Income inequality; Tourism revenue; Economic growth; Kuznets curve hypothesis; Developing economies (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:anture:v:61:y:2016:i:c:p:111-126 DOI: 10.1016/j.annals.2016.09.008 Access Statistics for this article Annals of Tourism Research is currently edited by John Tribe More articles in Annals of Tourism Research from Elsevier |
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