Work

Tourism and GDP

Year: 2013

Type: article

Study designs: Systematic Review, Meta-Analysis

Abstract: This article provides a meta-analysis of a selected sample of 87 estimates from studies based on panel data techniques published through until 2012. The purpose is to obtain a summary measure of the effects of tourism on economic growth by applying models for both fixed and random effects. The results show a positive elasticity between GDP and tourism, although the magnitude of the effect varies according to the methodological procedure employed in the original studies for empirical estimates. In this sense, when estimates exclude other explanatory variables of economic growth, elasticities are overvalued.

Source: Journal of Travel Research

DOI: 10.1177/0047287513478500

Authors: Mercedes Castro-Nuño, José A. Molina-Toucedo, María P. Pablo-Romero

Institution: Universidad de Sevilla

Language: English

Topic: Diverse Aspects of Tourism Research

Subfield: Sociology and Political Science

Field: Social Sciences

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W2136342072