Tourism development and economic growth: theoretical underpinnings and agenda for future research

Boopen Seetanah, Robin Nunkoo, Narvada Gopy-Ramdhany and Zameelah Khan Jaffur

Chapter 9 in A Modern Guide to Tourism Economics, 2022, pp 152-169 from Edward Elgar Publishing

Abstract: Tourism development has been more recently added to these growth inductive factors and the idea of tourism development as a boost of economic growth (coined as the Tourism Led-Growth Hypothesis) has emerged as an extension of the Export Led-Growth Hypothesis with tourism considered as an alternative form of export. A number of theoretical avenues has since been put forward. This book chapter aims to provide the various theoretical arguments that explain the impact of tourism development on economic growth and discusses the different strands of the empirical literature including the conditional, reverse and bi-causal relationship in the tourism-growth nexus.

Keywords: Business and Management; Development Studies; Economics and Finance; Environment; Geography; Urban and Regional Studies (search for similar items in EconPapers)
Date: 2022
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