Another look at tourism- economic development nexus

Sokhanvar, Amin; Çiftçioğlu, Serhan; Javid, Elyeh

doi:10.1016/j.tmp.2018.03.002

Cited by 126 publications

(95 citation statements)

References 56 publications

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“…To assess the association between tourism development and economic growth, trivariate system methodology of Katircioglu (2009b) & Ozturk, 2017), international tourism receipts (Muhtaseb & Daoud, 2017;Sokhanvar, Çiftçioğlu, & Javid, 2018;Dogru & Bulut, 2018;Mitra, 2019) as well as per capita real tourism receipts (Tang & Tan, 2018). Here, we use number of international tourism arrivals on which information is more accurate and easily achievable.…”

Section: Variablesmentioning

confidence: 99%

Testing tourism-led economic growth and economic-driven tourism growth hypotheses

Aliyev

Ahmadova

2020

Tourism (Zagreb, Online)

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This paper empirically investigates a causal relationship between tourism and economic growth in Georgia for 1997-2018 period by employing ARDLBT approach to cointegration. Results reject economic-driven tourism growth hypothesis for Georgia and reveal that impact of tourism development over economic growth is negative in the long-run, in contrary positive in the short-run. Obtained results suggest that there is a possibility to have a tourism resource curse in the long-term in Georgia. Georgian government should build a tourism strategy to avoid crowding out of human capital from industrial production and decrease the share of imports for the needs of tourism sector

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Section: Variablesmentioning

confidence: 99%

Testing tourism-led economic growth and economic-driven tourism growth hypotheses

Aliyev

Ahmadova

2020

Tourism (Zagreb, Online)

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“…Tourism as one of the rapid growing industries in the world and becoming main economy contributor for some countries has been argued as the great potential for development of rural area. Some of academic research have agreed that tourism is a tool for economic development of rural area (Milne and Ateljevic, 2001;Pao Wu and Che Wu, 2017;Gupta and Dutta, 2018;Sokhanvar et al, 2018). In addition, regarding to Indonesia, the government has been concerning and committing to develop the tourism sector.…”

Section: Halal Tourismmentioning

confidence: 99%

Islamic Banking Strategies In Rural Area: Developing Halal Tourism and Enhancing The Local Welfare

Ameraldo

Saiful

Husaini

2019

JURNAL EKONOMI DAN BISNIS ISLAM

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The purpose of this study is to analyze the potential contribution of Islamic banking to development of Halal tourism and the enhancement of local community welfare in rural area.The present study employs a critical analytic approach based on extensive review and discussing the possible contribution of Islamic banking to development of Halal tourism and the local communities in rural area.As discussed in the paper there are some strategies for Islamic banking in the rural area. First, Islamic banking can establish special purpose vehicle to run the microfinance scheme in the rural area in order to minimize the potential risks. Second, some financing mechanisms also can be run by the Islamic banks both sources from internal and external resources, such as participatory modelmusyarakah and mudharabah and third parties fund -zakah, infaq, sadaqah and waqf.Last, the branchless banking strategy is also proposed but with a certain intermediations should be firstly done by the Islamic banks, such as social and financial intermediation.

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“…A number of contemporary scientific publications are dedicated to the problems of studying and planning factors that influence tourists' preferences and their trips [2][3][4]. Methods and means of providing tourism business growth in different regions, tourist's safety, ecological problems, etc, are also widely discussed [5][6][7]. At the present moment, a lot of railways are being closed because of less volume of passenger transportation and, consequently, unprofitability [8].…”

Section: Brief Literature Reviewmentioning

confidence: 99%

Economic and mathematical models of development of the railway tourism

et al. 2019

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The authors used a complex of mathematical models meant for the optimal investment of the processes of creation and use of the railway transport infrastructure. The specific features of these models are as follows: long-term period of realization of the infrastructure projects, many participants with special interests, which do not always coincide, a lot of factors of uncertainty connected with the choice of quantities of the calculation parameters, etc. The authors created economic-mathematical models of the discrete optimal planning of the railway tourism operations. This takes into account conditions of risks and cooperation, and allows to determine sets of effective routes which are most profitable ones, provided they meet the established demands. The latter includes routes which meet maximum criteria of the net costs under the conditions of the established system of demands for the activity of the tourism operators.

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Another look at tourism- economic development nexus

Cited by 126 publications

References 56 publications

Testing tourism-led economic growth and economic-driven tourism growth hypotheses

Testing tourism-led economic growth and economic-driven tourism growth hypotheses

Islamic Banking Strategies In Rural Area: Developing Halal Tourism and Enhancing The Local Welfare

Economic and mathematical models of development of the railway tourism

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