How Fast Are the Tourism Countries Growing? The Cross-country Evidence

Brau, Rinaldo; Lanza, Alessandro; Pigliaru, Francesco

doi:10.2139/ssrn.453340

Cited by 81 publications

(86 citation statements)

References 8 publications

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“…Comparing the relative growth performance of 14 "tourism countries" within a sample of 143 countries, Brau, Lanza, and Pigliaru (2003) document that tourism countries grow faster than all the other sub-groups (OECD, Oil Exporting, LDC, Small). 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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Section: A Review Of Selected Literaturementioning

confidence: 99%

Impact of Tourism on Economic Growth and Development in Africa

Nsiah²,

2008

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“…We assume that both and belong to the interval [0; 1) R 2 so that p E 0; p EE 0 and p N ; p N N 0: 6 5 Davies and Cahill give an account of the environmental impacts of tourism such as energy consumption, water consumption, wasters, impact on water and air quality, ecosystems alteration and fragmentation, impacts on wildlife and on aesthetic and cultural environment. 6 Notice that (6) can be also written as…”

Section: A Model Without Public Abatementmentioning

confidence: 99%

Tourism Specialization and Environmental Sustainability in a Dynamic Economy

Cerina

2007

Tourism Economics

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This study focuses on the dynamic behaviour of a small open economy specialized in tourism based on natural resources. The author analyses the steady-state properties in two scenarios, with and without public abatement expenditures, and a unique local saddle-point equilibrium is found for both cases. The analysis of the dynamics provides an alternative explanation for the observed positive growth performance of small open tourism-based economies and for the worldwide increases in tourist inflows, which are seen as transitional phenomena towards the path to the steady state. Moreover, in defining the conditions under which tourism development, improvements in environmental quality and economic growth can simultaneously occur, the model provides theoretical microfoundations for sustainable tourism. Finally, in both scenarios, the author analyses the issue of market failures, taking into account two different kinds of externality and finding the respective optimal tax rates that will induce private agents to replicate the social optimum.

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“…Lim 1997, Sinclair 1998, Deloitte & Touch, iied and odi 1999Brau et. al 2003;Neto 2003;Freytag and Vietze 2007).…”

Section: Introductionmentioning

confidence: 99%

Cultural Effects on Inbound Tourism into the USA: A Gravity Approach

Vietze

2012

Tourism Economics

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in Abstract:In this paper we discuss the effects of cultural -and particular religious -factors on tourist flows into the USA as the world largest tourism destination. To estimate this empirically we run an augmented gravity equation. Our results give evidence that the gravity equation is an adequate instrument to explain variations in international tourist flows. With respect to the aim of the paper, we have found that cultural proximity between country of origin and country of destination have positive effects on the tourism flows between these countries. In particular, after controlling for a set of geographic variables, people from countries with the same language (English) and the same high governmental rankings like the USA, travel more into the USA for holiday than people from other countries. Above all, we have clear and stable evidence that tourists from Christian countries prefer the USA as holiday destination much stronger than people from other countries. This supports our argument that people wishing to go on holiday to countries with a similar cultural and political background.

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How Fast Are the Tourism Countries Growing? The Cross-country Evidence

Cited by 81 publications

References 8 publications

Impact of Tourism on Economic Growth and Development in Africa

Impact of Tourism on Economic Growth and Development in Africa

Tourism Specialization and Environmental Sustainability in a Dynamic Economy

Cultural Effects on Inbound Tourism into the USA: A Gravity Approach

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