Tourism-led growth hypothesis in the top ten tourist destinations: New evidence using the quantile-on-quantile approach

Shahzad, Syed Jawad Hussain; Shahbaz, Muhammad; Ferrer, Román; Kumar, Ronald Ravinesh

doi:10.1016/j.tourman.2016.12.006

Cited by 261 publications

(167 citation statements)

References 56 publications

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“…The findings demonstrate that tourism has a positive impact on growth. Using a quantile-on-quantile model, [22] have investigated the impact of tourism on growth in the top ten tourism destinations over the period 1990 Q1-2015 Q4. The authors have concluded that tourism has a positive and important contribution to economic growth for the country group, including China, France, Germany, Italy, Mexico, Russia, Spain, Turkey, the United Kingdom, and the United States.…”

Section: Tourism and Economic Growth Nexusmentioning

confidence: 99%

The Impact of Tourism Quality on Economic Development and Environment: Evidence from Mediterranean Countries

et al. 2019

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This paper is the first of its kind to measure the income level of a country’s tourist arrival and empirically examine its impact on economic growth and environmental pollution in a sample of eight Mediterranean countries. The paper undertakes annual data from 1995 to 2014 and employs quantile regression models, autoregressive distributed lag (ARDL) estimations, and a heterogeneity causality test. The empirical results show that the income level of a country’s tourist arrival, across all quantiles, plays an important role in promoting economic development. However, the role of the income level of a country’s tourist arrival on environmental pollution varies with the changes in quantiles. More specifically, income level of a country’s tourist arrival has a positive impact on environmental pollution for the lower quantiles, while it has a negative impact for higher quantiles. The findings from panel ARDL models confirm that the income level of a country’s tourist arrival has positive and negative impacts on economic growth and emissions, respectively. Given these results, these findings provide information to take the necessary actions to ensure sustainable tourism development, i.e., the expansion of the tourism industry without harming the environment in the Mediterranean countries.

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Section: Tourism and Economic Growth Nexusmentioning

confidence: 99%

The Impact of Tourism Quality on Economic Development and Environment: Evidence from Mediterranean Countries

et al. 2019

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“…Another study investigating the tourism-led growth in the top ten tourist destinations reports that tourism has positive relationship with economic growth. The weakest link on those factors are noted for China and Germany, possibly because of the limited importance of the tourism sector relative to other major economic activities in those countries (Shahzad, Shahbaz, Ferrer, & Kumar, 2017). Their studies show that tourism has a little influence on economic growth.…”

Section: Discussion and Business Implicationmentioning

confidence: 99%

The Dynamic Relationship between Globalization and Economic Growth: Its Implication on Business Policy

Midiyanti¹,

Yao

2019

IJABR

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The purpose of this study is to investigate the relationships between globalization and economic growth in Indonesia. Three globalization indices, economic globalization index, social globalization index and political globalization index, are used to measure the globalization. Johansen’s (1988) cointegration approach is used to estimate the model by using annual data from 1980 to 2014. The results indicate that there is a long-run cointegration relationship between globalization and economic growth in Indonesia. Globalization stimulates Indonesian economic growth in the long run. Meanwhile, political globalization implies short-run effect on the economic growth in Indonesia. From the policy perspective, this results support the argument that the government should take the international integration policy to sustain long-run economic growth.

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“…Tourism development, with its potential to foster economic and social-cultural growth (Jackson & Murphy, 2006;Shahzad et al, 2017), has been proposed as the new way forward for these regional and remote communities. To this end, the Queensland Department of State Development, Infrastructure and Planning in collaboration with the South-West Regional Economic Development Board (SWRED) funded a research project designed to explore ways that these South Western Queensland communities could engage with tourism to increase visitation numbers and drive economic and social gains.…”

Section: Introductionmentioning

confidence: 99%

Enablers and Barriers of Tourism as a Driver of Economic and Social‐cultural Growth in Remote Queensland

Summers

Cavaye

Woolcock

2019

J of App Econs and Policy

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Regional and remote tourism in Australia is characterised by micro-, smalland medium-sized businesses, spatially dispersed and fragmented. Characteristics which present unique challenges for these communities attempting to develop tourism as a way of diversifying their economy. This study explored the views and experiences from residents and businesses in six remote local government areas in South Western Queensland to identify the barriers and enablers for remote communities to using tourism as a driver of economic and social-cultural growth. We found a lack of understanding of the structure and behaviour of the tourism industry; a lack of business acumen; a lack of financial and human resources; and a reluctance to collaborate by tourism businesses to be barriers to tourism-led economic growth. Enablers to tourism led growth included: local government support for tourism development; a sound understanding of the mechanics and structure of the tourism industry; and the capacity to engage in marketing that captured and narrated the visitor experience in digital channels.

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Tourism-led growth hypothesis in the top ten tourist destinations: New evidence using the quantile-on-quantile approach

Cited by 261 publications

References 56 publications

The Impact of Tourism Quality on Economic Development and Environment: Evidence from Mediterranean Countries

The Impact of Tourism Quality on Economic Development and Environment: Evidence from Mediterranean Countries

The Dynamic Relationship between Globalization and Economic Growth: Its Implication on Business Policy

Enablers and Barriers of Tourism as a Driver of Economic and Social‐cultural Growth in Remote Queensland

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