Does Tourism Affect Economic Growth? The Experience of Southeast Asian and Pacific Countries

Edgardo Sica

The IUP Journal of Applied Economics, 2007, vol. VI, issue 3, 79-95

Abstract: Today tourism represents one of the most dynamic economic sectors of the world. Although majority of international tourism takes place within the developed world, recently tourism has increased significantly in the developing countries, mainly in the Southeast Asian and Pacific countries. This study aims to verify if tourism represents a determinant of growth in such countries. Following the recent empirical literature on growth, and mainly Eugenio-Martin et al. (2004), the paper adopts a dynamic panel data model to test for convergence. The results confirm the importance of tourism in economic growth.

Date: 2007
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:icf:icfjae:v:06:y:2007:i:3:p:79-95

Access Statistics for this article

More articles in The IUP Journal of Applied Economics from IUP Publications
Bibliographic data for series maintained by G R K Murty ().