Economic Prospects of Tourism Industry in Bangladesh

Sakib Bin Amin ()
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Sakib Bin Amin: North South University

Chapter Chapter 4 in The Economy of Tourism in Bangladesh, 2021, pp 83-113 from Springer

Abstract: Abstract With its composite activities, concrete growing trading opportunities, and various economic benefits, the tourism industry is now recognised as one of the fundamental pillars of economic prosperity in most countries. The enhancement of tourism activities tends to contribute to five high propriety goals: income generation, job creation, foreign exchange earnings, improvement of the living standards, and poverty reduction. This chapter analytically discusses the tourism industry's economic significance on Bangladesh's economy and empirically reveals that the tourism industry can positively affect Bangladesh's key macroeconomic variables in the long-run; however, the magnitudes are minimal.

Keywords: Tourism industry; Economic impact; Employment; Income; Foreign earnings; Poverty; Inequality; Dutch disease; DOLS estimation; Bangladesh (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-72900-4_4

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DOI: 10.1007/978-3-030-72900-4_4

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