Tourism and economic development: A survey

Sinclair, M. Thea

doi:10.1080/00220389808422535

Cited by 493 publications

(303 citation statements)

References 95 publications

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“…It is a proxy for regional cultural activity and openness to new ideas as well as for tourism (Sinclair, 1998). This is included in Model 1 only because it examines the likelihood of having an airport.…”

Section: High-tech Industrymentioning

confidence: 99%

Up in the air: the role of airports for regional economic development

2014

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Abstract:Our research examines the role of airports in regional development. Specifically, we examine two things: (1) the factors associated with whether or not a metro will have an airport, and (2) the effect of airport activities on regional economic development.Based on multiple regression analysis for U.S. metros, our research generates four key findings. First, airports are more likely to be located in larger metros with higher shares of cultural workers and warmer winters. Second, airports add significantly to regional development measured as economic output per capita. Third, the effect of airports on regional development occurs through two channels -their capacity to move both people and cargo, with the former being somewhat more important.Fourth, the impact of airports on regional development varies with their size and scale.

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Section: High-tech Industrymentioning

confidence: 99%

Up in the air: the role of airports for regional economic development

2014

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“…Many developing countries have thus started to consider tourism as an important and integral part of their economic growth and development strategies as it serves as a source of scarce financial resources, job creation, foreign exchange earnings, and technical assistance (Sinclair, 1998;Dieke, 2004).…”

Section: A Review Of Selected Literaturementioning

confidence: 99%

Impact of Tourism on Economic Growth and Development in Africa

Nsiah²,

2008

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Over the decade of the 1990s, Africa has experienced a rise in tourist arrivals from 8.4 million to 10.6 million and receipts growth from $2.3 billion to $3.7 billion, respectively. According to the World Tourism Organization (WTO, 2006), the tourism industry in Sub-Saharan Africa enjoyed a robust annual market share growth rate of 10 percent in 2006. In spite of this, there are only few empirical studies that investigate the contributions of tourism to economic growth and development for African economies. Using a panel data of 42 African countries for the years that span from 1995 to 2004, this study explores the potential contribution of tourism to economic growth and development within the conventional neoclassical framework. The results show that receipts from the tourism industry significantly contribute both to the current level of gross domestic product and the economic growth of Sub-Saharan African countries as do investments in physical and human capital. Our findings imply that African economies could enhance their short-run economic growth by strategically strengthening their tourism industries.

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“…Sinclair (1998) highlights the important role that the tourism sector plays in creating jobs and generating revenue for a destination's residents and government. Furthermore, the tourism benefits that spill over to influence many other economic activities strengthen the positive effects of tourism on economic growth .…”

Section: Introductionmentioning

confidence: 99%